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NRF Reports Retail Shrink Is a $100B Problem
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.
RESEARCH: How Retailers Actually Use a Bag Searching Policy
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.
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.
Solutions Snapshot: Appriss Retail
To give retailers the competitive edge they need, Appriss Retail developed a cloud-based data integration platform that pulls data from all sources within the retail organization.
LPF Announces Strategic Partnership with the University of Florida
The Loss Prevention Foundation has recently announced a new partnership with the University of Florida that aims to benefit UF students and the loss prevention/asset protection community.
Shoplifting Methods and Designing Out Crime
Shoplifting is often viewed by professionals and amateur thieves as a low-risk versus high-reward business. As experts have documented, many shops and stores do not do enough to dissuade the rational criminal, who scans every environment for an opportunity.
LPM Insider’s Top 5 Shoplifting and Organized Retail Crime Articles of 2018
In 2018, readers were most interested in posts about organized retail crime associations, offender perspectives on self-checkout theft, and the latest research on loss prevention analytics applications.
LPM Insider’s Top 10 Articles of 2018
These 10 articles received the most reader attention in 2018. Make sure you don't miss them!
LPM Insider’s Top 5 Loss Prevention Technology Articles of 2018
In 2018, readers wanted to know more about Rite Aid's crowdsourcing investigations tool, the top (FREE) tools to help with social media investigations, and what it's like to find and buy EAS detachers online as a shoplifter, among other technology topics.