Tag: inventory control accounting
Craigslist and the Potential for Gift Card Fraud
Organized retail crime (ORC) is not a new challenge to the retail environment, but it is a criminal element that continues to grow and...
Fifteen Years of Loss Prevention, Part 2
Welcome to the second of three installments covering the first fifteen years of Loss Prevention magazine. I hope you enjoyed the first part in...
Breaking the Retail Shrinkage Life Cycle
For those of who have been in the loss prevention business for a number of years, you are surely familiar with the retail shrinkage...
Building an LP Department Focused on People
EDITORS NOTE: David Shugan, CFI, is the senior director of loss prevention for Carters based in Atlanta. Prior to taking over the leadership role...
Beyond Shrinkage: Introducing Total Retail Loss
A major new report published by the Retail Industry Leaders Association (RILA) puts forward a dramatically different way of thinking about the problem of...
Redefining Inventory Shrinkage—Four New Buckets of Loss
What does inventory shrinkage mean to you?
For most companies, the answer to this question would be obvious: a significant problem, and usually something that...
2016 Holiday Retail Trends, Sales Performance and Loss Prevention
Annual retail trends consistently emphasize the importance of the holiday season on overall retail performance. And although the face of retail continues to change...
Objective LP Investigations versus Confident Interviews
As a loss prevention professional, chances are that you conduct internal theft interviews. Furthermore, it’s probably the skill that impresses our business partners the...
Loss Prevention in the New Millennium
Loss Prevention magazine launched its first issue in the fall of 2001. I had the good fortune to contribute to that edition and author...