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The lack of research in loss prevention is problematic because retail crimes are a serious threat to retailers and communities.
The LPRC plays an important role in the retail LP industry. Learn how it came into being and how it has evolved over the past two decades.
Facebook, Google+, Instagram, Twitter…these social media entities have become an essential unit within the business world. Woven into the very fabric of data collection,...
Jack Trlica joins Dr. Read Hayes of the LPRC to discuss the evolution of the LP industry over the past two decades and the launch of the magazine in 2001.
As the old cliché goes, there’s not a finish line, and for me it’s really about constantly trying to build on the success you’ve had and learning from the mistakes you’ve made. Believe me, you will make mistakes, but recognize you won’t make any if you don’t try.
Fear of crime is complicated, but realistic options are available to retailers to make their customers feel safer shopping in-store. Using the Precision LP framework, we recommend that local teams talk with shoppers and conduct visual audits to better understand those store characteristics impacting the fear of crime.
When getting the future right is a matter of real consequence, when it has the power to steer loss prevention down the right or wrong path, clickbait forecasting feels insufficient. A deeper perspective on the dynamics that are driving retail change, and on the foundation upon which changes will emerge, seems a better guide.
The Loss Prevention Retail Council recently launched it's latest initiate called LPRC Innovate. LPM contributor Tony D'Onofrio was there and provides details on his latest blog post. He also summaries two LPRC research surveys. One on self-checkout theft and a second on theft by opioid-abuse offenders.
Employee theft is a major problem for many employers in the United States, coming in at number two on the list of leading causes of inventory shrinkage (behind shoplifting/ORC), according to the 2018 National Retail Security Survey.
Almost 100 flea markets were randomly selected from a guide of 1,000 locations and visited by our teams to assess the availability, pricing, and condition of a high-loss men’s shaving product as example of flea markets and stolen products activity.