Tag: inventory control accounting
Loss Prevention Takes Flight in Airport Shops Nationwide
The recent success in loss prevention at The Paradies Shops began in 1998 when Darian Griffin joined the company as a loss prevention manager....
Retooling the LP Strategy at Home Depot
If you're looking for the perfect LP strategy that will resolve accounting errors, stanch losses to internal theft, and scare away thieves, you can stop searching. It doesn't exist.
Targeting Shrinkage with a Comprehensive Program for High-Risk Stores
Despite a difficult second half for most retailers, Stage Stores, Inc. achieved solid financial results during fiscal 2002. A weak economy and declining consumer...
Gems of Leadership for Loss Prevention
EDITORS NOTE: Richard Mellor is divisional vice president of loss prevention at Helzberg Diamonds based in Kansas City, Missouri. He assumed this position in...
Civil Recovery in the Sunshine State
Many people are familiar with civil recovery demands in Florida for $200 and use that amount as requested statutory damages for any civil shoplift...
AAFES Loss Prevention–A Mission with a Challenge
We have the responsibility to be there for our troops—whenever and wherever they go—to ensure they are provided with the goods and services they...
Implementing an e-Learning Strategy for Loss Prevention Training
In today’s economy, cutbacks, downsizing, and store closings have become a common means to streamline the bottom line of today’s retailers. Nowhere more than...
Improving Home Improvement Shrinkage
E D I T O R : Your title is vice president of loss prevention, safety, and hazmat. That entails a lot. Give us...
Stopping Theft with the Click of a Mouse
Detecting internal theft at JCPenney has leap-frogged into the 21st century. Just five years ago, attempting to identify possible fraudulent refunds meant that every...
A Primer on LP in DCs
The control of losses in a distribution center is not that much different than in a store. The sources of loss are essentially the...