Tag: organized retail crime
How NOT to Investigate Organized Retail Crime
This post's findings are the result of more than thirty retail and law enforcement interviews expressly asking for opinions and thoughts on investigating ORC. It's from the archives, but its advice is timeless.
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.
LPM Excellence Recognizes Louise Kadege for Partnerships
To become a true partner in the loss prevention community, Kadege feels there are a few primary qualities that lead the way. "First, say what you'll do and do what you say. If you say you'll do something, do it. People always prefer honesty."
LPM Excellence Recognizes Cathy Langley, LPC, for Leadership
"I don't believe that leading in asset protection is much different than leading in other industries," said Langley. "Of course, high integrity is a must. But ultimately, for any true leader, the focus has to be on people."
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.