Tag: lp magazine
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.
Why Reducing Food Waste from Grocery Stores Needs to Be a Top Priority
“We all know what we have to do together to reduce food waste, but it’s not happening.”
Amplifying Risk with Retail Security Solutions
Interventions must be highly visible if they are to play a role in amplifying risk. There is no point in hiding it away or making it less than obvious to the would-be thief.
The Reinvention of Retail Stock Management
Between the physical and online space, ever-diminishing timelines, and the possibilities of pinpointing stock on its return journey (the so-called reverse logistics model), you have all the ingredients for a parallel universe where nothing is quite what it seems.
Retailers Increasingly Worried about ORC Statistics
Despite retailers reporting worrisome and worsening ORC statistics, resources to fight it may be on the verge of stagnating. Only 40 percent said their companies are allocating more resources to fight ORC, down from about half of retailers that noted increased spending in both 2016 and 2015.
Stefanie Hoover’s “Confessions of a Forensic Interviewer” Wins MarCom Gold Award
The monthly column, "Confessions of a Forensic Interviewer," published in LP Magazine and authored by Stefanie Hoover of CONTROLTEK, has won a gold MarCom Award in the category of best blog. Congratulations, Stefanie!
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.
RILA Student Mentor Program and The Kroger Co Tackle Grocery Shrink with Data
Students from the Retail Industry Leaders Association (RILA) Student Mentor program worked alongside the asset protection team from The Kroger Co to dig deep into the data and use predictive modeling to help make recommendations about problem areas.
Philadelphia Hosts the 2018 Loss Prevention Leadership Trifecta
With Eagles fans showing their colors throughout the City of Brotherly Love, the loss prevention trifecta converged this year in downtown Philadelphia from October...
Making the Most of Loss Prevention Resources
Particular places, products, processes, and increasingly, certain retail innovations are much more vulnerable to loss than others.