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Combating Retail Shrink with AI: Two Case Studies
Whether you are an AI skeptic or an enthusiast, these real-life scenarios illustrate the impact of AI and IoT and demonstrate ways for the retail industry to reimagine their loss prevention strategies with advanced technologies.
Sensormatic Solutions Partners with Canadian Fast-Fashion Retailer to Support LP Strategy
Looking to grow and scale internationally, Canadian fast-fashion retailer, Ardene, recently partnered with Sensormatic Solutions to support their loss prevention strategy.
What Causes Shrinkage in Retail? Addressing the 4 Top Causes
Not every loss prevention tool fits the needs and budget of every retailer. However, a combination of tactics makes an impact and reduces a store's shrinkage.
Undercover Loss Prevention vs. Visible LP: Has the Debate Changed?
There have always been arguments for and against each type of security staffing strategy, explains Breck Ellison [shown], COO of Gallaher and Associates , a Tennessee security and safety company.
The Busiest Shopping Days Are Here: Top Tips to Prevent Holiday Shoplifting
According to ShopperTrak's historical data, 45 percent of all holiday shopper traffic falls during the top ten busiest days, beginning on Black Friday and dispersed throughout the end of the year. The top ten busiest shopping days for 2018, as predicted by ShopperTrak, are listed here.
RESEARCH: Retail Theft and Loss Prevention Analytics
Who shoplifts? There is no typical profile of a shoplifter. Based on our experience of interviewing offenders, shoplifters can be male or female, of any race, as young as five or well into their seventies.
Criminological Theory and Loss Prevention
This post is designed to provide a theoretical context for understanding the psychological and social forces that drive people to become criminals, how criminogenic opportunities can be reduced, as well as where analytics fits into loss prevention.
B&H Photo Selects Brian Bazer to Lead Its Loss Prevention Efforts
B&H Photo, the largest nonchain electronics retailer in the nation, selected Brian Bazer as its first loss prevention hire reporting to the CEO and responsible for assessing, developing, and implementing a loss prevention strategy for the company.
How to Build an Effective Relationship with Your Third-Party Logistics Provider
Loss prevention must provide effective oversight in order to keep these operations effective and productive. Here are a few things to consider when building an effective relationship with the third-party logistics provider.
Salient: Powerful Loss Prevention Solution For Your Retail Environment — Booth 625
Salient's partnership with Short Circuit has led to the successful installation of CompleteView VMS at one of the largest athletic footwear and apparel retailers in NYC. Learn more about that case study and solutions for retail asset protection at Booth 625.