Tag: lp
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.
National Pearl Harbor Remembrance Day
On the anniversary of each Pearl Harbor Day, I always think of my first mentor in loss prevention. His name was Lane Cooke, and...
Where Were You on the Morning of September 11? Part 1
LPM shares perspectives and memories from loss prevention executives about the September 11, 2001, attacks.
Where Were You on the Morning of September 11? Part 2
LP Magazine shares perspectives and memories from loss prevention executives about the September 11, 2001, attacks.
Then What? 7 Tips for Post-Incident Management
Retailers also need a post-incident management game plan for when the waters recede and the immediate threat is squelched. Is your retail organization ready for the “Then what?”
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.
LPC and LPQ: Two Critical Loss Prevention Training Courses
Core competencies and standards of performance have been established by industry leadership and subject matter experts from across the retail loss prevention community to represent the needs and expectations of the profession.
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.
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.