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Shrinkage Control, in-store audit

How to Perform An In-Store Audit That Will Guide and Motivate Improved Performance

The three major causes that contribute to inventory shrink in any retail operation are internal theft, external theft, and operational compliance. An effective loss prevention program must focus on all three of these areas.

Has the Time Arrived—Finally—for RFID?

After years of false starts and a measure of false promises, retailers are finally starting to realize the potential of radio frequency identification (RFID) technology.
history of interrogation, employee dishonesty

How to Manage Inventory through General Loss Interviewing

"All my life's a circle; Sunrise and sundown," sang Harry Chapin.It may be just a natural part of life, but it seems like what was...
Gary Smith Walmart Image

Walmart’s Neighborhood Market Loss Prevention and Safety Program Featured in the Latest Magazine Edition

“Most of our shrink is driven around process execution. Our focus has been much more in tune with how we manage inventory growth and...
Gary Smith Walmart Image

Walmart’s Neighborhood Market Grocery Business

EDITORS NOTE: Gary Smith, LPC, is senior director of asset protection for Walmarts Neighborhood Market line of smaller scale, grocery-focused retail stores. He has...

Aligning a Loss Prevention Program with the Lowe’s Customer Experience

EDITOR'S NOTE: Claude R. Verville, LPC, is vice president of loss prevention, safety, and hazmat at Lowe's Companies, Inc. He joined Lowe's loss prevention...

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Get your FREE "Optimizing Your Employee Theft Policy" Guide

Promoting a culture of honesty requires implementing a strong employee theft policy and internal awareness program.

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Get your FREE "What is Loss Prevention?" Guide

Read this report to discover the history of retail security and get a glimpse at the rapidly evolving loss prevention profession.

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Get your FREE "Issues with ORC and Shoplifting" Guide

The safety of store associates, customers, and millions of dollars in potential litigation rely upon understanding these issues.

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Get your FREE "CCTV, Alarms, and Security Training" Guide

This report shows how CCTV/video and alarm systems can enhance the safety and security of retail locations.