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Few things are as frustrating for a loss prevention leader than discovering a bad packaging design they know will promote retail shrink— a feature which could easily have been prevented.
While omni-channel was indeed a significant point of discussion throughout the conference, loss prevention and risk management issues were hardly mentioned. Maybe I shouldn't have been surprised, but I was.
Not every loss prevention tool fits the needs and budget of every retailer. However, a combination of tactics makes an impact and reduces a store's shrinkage.
Solutions to address theft and loss are often led from the retailer side of the partnership, but manufacturers do face responsibilities when it comes to product protection. From manufacturer to retailer, product protection is everyone's job.
Payless and Sears are dramatic examples of the difficulties of some iconic retail brands, but they're not alone. Recently, David Simon, chairman and CEO of the Simon Property Group, admitted he's nervous.
From a loss prevention perspective, a strong understanding of how our inventory is managed is crucial as we attempt to resolve shrink-related issues. One basic but important component is knowing the inventory control techniques and accounting methods used by your company.
Today’s fast-paced retail requires stores to keep up with consumer demand for popular brands and specific fast-moving SKUs. While many Internet of Things (IoT)...
Checkpoint Systems Opens State-of-the-Art Customer Experience Center Featuring Over 40 Connected Store Technologies
Checkpoint Systems is marking its 50th year anniversary with the opening of a new Customer Experience Center at its North American headquarters in Thorofare,...
Employee lawsuits over bag checks, expanding theft admissions, and the reasons why good investigators fail: these topics were of great interest to LPM Insider readers this year.