Tag: point of sale
Marrying Video, Analytics, and Customized Solutions for Smarter Locations, Superior Results (LP Innovations)
Whether hospitality or retail, you need to maximize profit. A retailer needs to understand why seventy people walk by the store, but only three...
Restaurant Theft: The 5 Most Common Methods
Given that restaurants operate on incredibly narrow margins, it is important to identify and reduce the opportunities for employee theft. Here are five common ways in which dishonest employees steal from restaurant owners and customers.
Getting Your Employees Comfortable with Writing an Incident Report
Here is a quick-and-dirty guide to instructing employees on the proper techniques of writing an incident report: a key loss prevention skill that is critical to professional growth.
LP Innovations Accepted as Newest Loss Prevention Foundation Partner
The Loss Prevention Foundation (LPF) recently announced that LP Innovations (LPI), a DTT company, has joined the LPF as the newest Doctorate-level partner.
A Root-Cause Analysis May Help Reduce Shrinkage
As the industry transitions from bricks and mortar to “bricks and clicks,” the capabilities of existing systems are being stretched thin, and many retailers have not fully integrated the new technology required to manage loss and reduce shrinkage effectively in an omni-channel world.
LP and Risk Management for Signet Jewelers Brands
EDITORS NOTE: Kevin Valentine, CFI, LPC, retired at the end of 2017 as senior vice president of internal audit, loss prevention, and enterprise risk...
What is Sensor Fusion—and How Should Retail Use It?
“If it looks like a duck and quacks like a duck, it’s probably a duck.” We’ve all heard some form of the “Duck Test” before. We use the folksy expression when we want to get to the heart of the matter and clearly describe something for what it is.
Best practices and industry news for loss prevention professionals, security, and retail management from the store level to the c-suite.
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