Tag: ORC
NRF/University of Florida Survey Says Retail Shrink Decreased to $46.8 Billion in 2017
Thefts, fraud and losses from other retail “shrink” decreased to $46.8 billion in 2017 from $48.9 billion the year before as shoplifting and organized retail crime continued to be the leading causes.
The LP Revolution Starts with Analytics
Today, analytics is one of the most vital tools to statistically identify the key factors which highly correlate with loss due to shrink. Collecting data from various sources gives retailers a more holistic perspective of their store activity.
2018 Sensormatic Global Shrink Index Compares Shrink Rates Across 14 Countries
The Sensormatic® Global Shrink Index is a culmination of research that measures worldwide retailer performance, allowing retailers to benchmark their shrink rates to others in the same vertical and region.
New Problems, Fresh Opportunities—LP Readies to Rise to the Occasion
As retail undergoes broad transformation, it's not surprising that loss prevention is embroiled in a sea change of its own. With essential shrink challenges as dynamic as ever, LP executives also face new sets of problems, old problems getting worse, as well as fresh opportunities to provide value to retail organizations.
LPF Announces ORC Certificate Course Webinar Sponsored by Tyco Retail Solutions
The Loss Prevention Foundation (LPF) has recently announced an organized retail crime (ORC) certificate course preview webinar sponsored by Tyco Retail Solutions. Webinar participants will receive a discount code for the actual course.
5 Takeaways from the 2018 RILA Retail Asset Protection Conference
As the 2018 RILA Retail Asset Protection Conference drew to a close, LPM staff put together a few thoughts coming out of this year’s event.
