Tag: inventory shrinkage
The Need to Reinvent the Loss Prevention Industry
Bob Vranek has been vice president of loss prevention at Belk, Inc. based in Charlotte, North Carolina, since 1992. He began in the retail...
The Art of the Kiosk
A passerby might be forgiven for walking by a Coinstar or Redbox kiosk and regarding it as a glorified vending machine. But behind the...
LP 101: Specialty Retail Industry Trends
Building a successful career in loss prevention has always been predicated on the commitment to professional growth and development. Working in a business as...
2015 NRSS Executive Summary
For over twenty years the industry has recognized and used the National Retail Security Survey (NRSS) as a key benchmark for retail loss prevention....
27th Annual Retail Theft Survey Reports Over 1.2 Million Shoplifters and Dishonest Employees are...
Over 1.2 million shoplifters and dishonest employees were apprehended in 2014 by just 25 large retailers who recovered over $225 million from these thieves,...
2010 National Retail Security Survey Executive Summary
The final report of the 2010 National Retail Security Survey (NRSS) recently has been released in its nineteenth edition and has been posted on...
EAS Merchandise Protection Strategy
In recent years, Gap Inc. has implemented a number of electronic article surveillance (EAS) solutions, including in-store applied hard and alarming tags, factory-applied source/soft...
Writing a Prescription for Controlling Shrink
EDITORS NOTE: Ernie Deyle is the vice president of lossprevention at CVS/pharmacy. Since joining CVS in 2002, thecompany has undergone dynamic changes in the...
Hot Products—Protecting Our Best Stuff
Think about it, much of our merchandise is occasionally purchased or lost. But some items just seem to fly out of the store.
Recent research in the United...
Weathering the Perfect Storm
Despite consolidation and narrowing margins, retailing is healthier now than it has been in many years. It is also true that retailers are doing more...