Tag: lpm
Life Lessons from the LPM Summer 2022 Intern
As the LPF and LPM's first summer intern finishes her time working, see what lessons she has taken away in loss prevention and more.
LPF Hosting Webinar on ORC Across the States
Join the LPF and Sensormatic Solutions to explore causes, consequences, and control of organized retail crime across the United States.
LPM Wins 2022 Communicator Award
LPM’s Spring 2021 Edition was recently awarded a 2022 Communicator Award for Distinction in the Academy of Interactive and Visual Arts (AIVA).
Loss Prevention Town Hall Kicks Off
The Loss Prevention Magazine (LPM) and Loss Prevention Foundation (LPF)’s Town Hall Meeting kicked off with a bang yesterday, May 18.
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.
LPM Media Group Completes Acquisition of Learn it Solutions from Verisk Analytics
LPM Media Group, a leading training, awareness, and communication company, has acquired the Learn it Solutions division of NJ-based Verisk Analytics.
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.
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?).
What Does a Loss Prevention Associate Do?
Contemporary loss prevention professionals still maintain responsibility for retail security. But they also must handle employee theft issues, data protection, safety and risk management, inventory audits, legal compliance, and matters related to organized retail crime and fraud.
Shedding Light on Retail Theft Statistics
The NRSS indicates that shoplifting accounted for 35.7 percent of the reported shrink in 2017, which is down from 39.3 percent in 2016.