Tag: loss prevention report

Here’s how one shoplifter assesses risk. “First things first—you want to know if they got what you want. The second factor is the risk involvement. The risk involvement will be security times cameras times employees times space times [other] customers."

To the average consumer, a loss prevention manager might once have been perceived as a “security guard”: a reactionary presence in a retail establishment whose primary responsibility is to apprehend shoplifters.

When considering the impact of a commercial burglary, it's tempting to focus solely on the items stolen. However, the true cost of this type of crime is more far-reaching and includes property damage and repair, loss of trade, customer dissatisfaction, management time in dealing with the issue, and more.

One question I have been asked frequently is, “How did you know how to battle retail shrink in the grocery business, especially considering your...

Regardless of the protective progress retailers and solutions providers are making, thieves are still carrying off billions of dollars' worth of goods annually. While...

In today's retail business environment, everyone is seeking a competitive advantage. It could be in technology, people, business practices, or newly developed programs. The...

You hate confrontations with employees. They only seem to make things worse. Sometimes you even end up firing an employee. For these reasons, you generally avoid giving...

The concept of the retail return is a relatively new phenomenon. In the mid- to late-twentieth century, retailers began accepting returned merchandise as an...

A Q&A session with David Johnston, the senior director of LP for Dunkin' Brands about the industry and his experiences within loss prevention.

The Loss Prevention Research Council (LPRC) has released a series of reports detailing a recent study on the impact of the Point-of-SaleA ctivation (PoSA)...