Tag: point of sale inventory management


The Organized Theft “Sales Cycle”

The Organized Theft “Sales Cycle”

Forty years ago, organized theft (now called organized retail crime, or ORC) plagued the East Coast. Gangs of professional thieves from various countries in South America in an organized and well-planned scheme were targeting high-end designer clothes from department and specialty stores from Boston to Atlanta. Intelligence on these gangs   Read More


The Quest for Excellence at Saks Fifth Avenue

The Quest for Excellence at Saks Fifth Avenue

EDITORS NOTE:Rosamaria Sostilio is vice president of asset protection for Saks Fifth Avenue. She manages the corporate and field organizations and is responsible for investigations, physical security, inventory reconciliation, shortage control, training and ethics, pre-employment screening, distribution centers, and budgeting.
Sostilio began her career on the sales floor at Bloomingdales in   Read More


Changing the Loss Prevention Culture in Food Retailing

Changing the Loss Prevention Culture in Food Retailing

EDITORS NOTE:Dan Faketty is vice president of loss prevention at Harris Teeter, an upscale grocery chain with 143 stores operating in six southeastern states. Harris Teeter is based in Matthews, NC, a suburb of Charlotte.
Faketty came to Harris Teeter in 1999 from Kmart, where he was director of loss control   Read More