Tag: loss prevention policy and procedures
Bullies Don’t Belong in Loss Prevention
Editors Note: As we review some of LP Magazine’s top stories of 2015, this story should serve as an important reminder to every loss...
US Retail Fraud Survey Reveals Employee Theft Major Concern for Retailers
Theft by employees, of both stock and cash, is now among retailers’ top three areas of concern, according to the US Retail Fraud Survey...
Retailers Estimate Holiday Return Fraud Will Cost $2.2 Billion in 2015
Retail fraud comes in many shapes and sizes and is especially rampant during the holiday season when online and in-store traffic grows significantly. One...
“Selling” Loss Prevention Management Services – The Ace Hardware Story
Editor’s note: This content focuses on some of the different loss prevention management strategies that take place in a retail franchise environment, and how...
Loss Prevention at Automated Retail Giant Outerwall
You’ve likely rented a DVD from a Redbox or cashed in your penny jar at the Coinstar kiosk at your neighborhood grocery store. But...
EyeOnLP: Bitcoin Transactions—Are They The Future of Retail?
When it comes to security, is Bitcoin any more secure than our current methods of payment? According to Adam Smith at Bi-Lo Holdings, Bitcoin is very secure--if handled correctly.
Loss Prevention Strategies Take on New Meaning When Your Inventory Is Alive
Tom Floystrop is an inherently practical loss prevention professional with an interesting approach to loss prevention strategies and the challenges of the LP industry....
Couple Charged with Identity Theft in $1.3 Million Retail Fraud Scheme
A former Manhattan hospital worker and his wife have been charged in an identity theft scheme after stealing the personal information of hospital patients...
Target Corp. Reaches New Settlement Over 2013 Data Breach
Target Corp. has agreed to pay more than $39 million to resolve class-action claims from financial lenders that suffered losses after the company’s massive...
Large Online Retail Fraud Operation Busted in Florida
State authorities in Florida recently shut down an online retail fraud ring linked to a man's eBay store where he and others allegedly sold...