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How to Calculate Shrinkage in Retail

Understanding how to calculate shrinkage in retail is important. However, understanding why it is important to control these results and how we can impact company profitability by both improving sales and controlling retail shrinkage is the key to success.

Where Were You on the Morning of September 11? Part 3

LP Magazine shares perspectives and memories from loss prevention executives about the September 11, 2001, attacks.
retail employee theft

How to Expand Admissions in Employee Theft Cases

It is rare for an associate to be caught the first time they engage in dishonest behavior. When a person is caught the very first time they steal, it is likely they have been involved in a pattern of theft activity elsewhere.

4 Ways You Can Commemorate 9/11

This year—2019—marks the eighteenth anniversary of the September 11 attacks. Rather than fading into a distant memory, however, the attacks and the aftermath are still very much present on the minds and in the hearts of those who lived through them. It's worth remembering.
Becky Halstead

Establishing a Professional Growth Plan: The First Person You Must Lead is You

Establishing a professional growth plan is both an exercise in self-reflection and a process of setting and reaching professional goals.

How to Calculate Shrinkage in Retail

Understanding how to calculate shrinkage in retail is important. However, understanding why it is important to control these results and how we can impact company profitability by both improving sales and controlling retail shrinkage is the key to success.

A Thorough Resume Review is Crucial when Filling Your Loss Prevention Job Openings

There is a skill to reading a resume beyond a simple reference to positions, experience, and education. When filling your loss prevention job openings,...

An About-Face for LP? Advances in Identification Technology Let Retailers Get Proactive

"We proved-out that the technology works phenomenally well. The technology is great." This effusive praise by an LP executive who oversaw a several-store test...

Exactly What Is a Shoplifter and How Much Do You Know?

The crime of shoplifting is as old as shopping itself. The first documented cases of shoplifting took place in 16th-century London and involved groups of men called “lifters” (early organized retail crime?).
retail CCTV camera

The Retail CCTV Evolution

While the new “anti-establishment” world is rejecting globalization, will retail CCTV technology integration provide the panacea to retail risks?
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