Tag: inventory theory
The Apprehension of Shoplifters and Dishonest Employees Has Increased in 9 of the Past...
Over 1.2 million shoplifters and dishonest employees were apprehended in 2015 by just 25 large retailers who recovered over $200 million from these thieves, according...
StopLift Detects 1.5 Million Incidents of Unscanned Items at Checkouts Worldwide
StopLift Checkout Vision Systems has now detected more than 1.5 million incidents of scan-avoidance at both manned and self-checkouts at retailers around the world.
StopLift’s...
Winning the Super Bowl of Retail Alarm System Conversions
Headquartered in Camp Hill, Pennsylvania, Rite Aid is the third-largest drugstore chain in the United States. It operates nearly 4,600 stores in 31 states...
Installing a Retail Asset Protection Model in a Wholesale Distribution Environment
This article analyzes the implementation of an innovative retail asset protection program at Hughes Supply, a wholesale distributor of construction supplies. The company has...
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...
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...