Tag: loss prevention personnel
Macy’s Shoplifting Penalty Challenged in New York
Recently a New York judge mandated in a lawsuit against Macy’s Department Stores that the retailer refrain from detaining and requiring suspected shoplifters to...
Consider These Pros and Cons before Implementing Remote Video Surveillance
Remote video surveillance enables the reallocation of loss prevention personnel from low-activity locations without the elimination of loss prevention coverage and oversight. This not...
Retail Inventory Shrink Increased to $45.2 Billion in 2015
The 2016 National Retail Security Survey, conducted in collaboration by the National Retail Federation and the University of Florida, reveals that retailers’ inventory shrink...
Forty Years of Researching Retail Loss Prevention
Dick Hollinger is a professor at the University of Florida who studies employee dishonesty and has overseen the National Retail Security Survey for the past 25 years.
The Growing Role of Retail Loss Prevention Professionals
In the not-so-distant past, the primary responsibility of loss prevention personnel was to deter theft and control shrink. Many of us started our careers...
How a Public-Private Partnership Can Change Community Policing
How can the quality of the law enforcement services provided not be impacted during these hard economic times? For the Albuquerque (NM) Police Department,...
Racial Profiling: We Can No Longer Just Turn Our Heads
“There are very few African-American men in this country who haven't had the experience of being followed when they were shopping in a department...
The Top Challenges Retailers Face
Today’s retailers must cope with a broader range of threats than ever before, and these challenges go well beyond preventing loss and increasing sales....
The Challenge of Using Target-Store Programs to Control Retail Shrink in Specialty Retail
In order to effectively manage retail shrink, loss prevention strategies must be applied differently according to the specific needs of the retail model. This...
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...