Tag: lprc

The Loss Prevention Research Council (LPRC) IMPACT conference officially opened Tuesday for its first in-person event since 2019 with a record-breaking attendance of over 400 retailers, solution providers, and industry partners.

The LPRC conducts research on ORC through individual projects and working groups because they know you must understand a problem before you can effectively address it.

Retail shrink, when taken as a percentage of total retail sales in 2021, accounted for $94.5 billion in losses last year, up from $90.8 billion in 2020, according to the 2022 National Retail Security Survey.

With the rise of ORC, Sensormatic Solutions conducted a Q&A with Dr. Read Hayes, research scientist at the University of Florida, and director of the Loss Prevention Research Council.

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.