Every so often, a simple idea catches the imagination, fervor, and engagement of a group of people and is developed into a successful practice that revolutionizes a business. Electronic article surveillance (EAS) source tagging is definitely one of those. Read More
Tag: pos exception reporting
Based on another project, I have spent two months combing over every issue of Loss Prevention magazine. Being a reader from the very beginning and contributing content every now and then, I thought I was pretty familiar with the magazine’s history, its development, and the changes in the industry over Read More
David R. Humble got the idea as he stood in a long grocery checkout line in South Florida in 1984. The customer in front of him was so frustrated by the clerk’s slowness that he grabbed his own items and started scanning. “Why can’t anyone check himself out of a Read More
According to industry surveys as well as industry buzz, it’s one of the hottest technologies in the retail loss prevention industry, with users swearing by it and companies spending hundreds of thousands of dollars to implement it. What is all the excitement about? Online POS exception reporting systems.
“Exception reporting” is Read More
Chris McDonald is the senior vice president of loss prevention for Compass Group North America. He came to Compass Group in April 2012 after nearly four years leading the loss prevention strategies as senior director of loss preventionfor Dollar General. McDonald is a seasoned LP executive having held multiple positions Read More
By John Tabor
In my former position as a loss prevention executive for a major retailer, an important responsibility was designing security systems for store locations. My focus was always on the front of the store. I had a camera on each register, a camera on the entrance, several on the exit, and Read More
RetailNext Inc., an expert in retail analytics for brick-and-mortar stores, recently announced its next-generation loss prevention solution designed to help retailers reduce shrinkage and maximize profitability. Featuring advanced video surveillance and integrated monitoring and analytics, the new LP solution takes advantage of RetailNext’s retail analytics platform to enable customers to save billons of Read More
The final report of the 2010 National Retail Security Survey (NRSS) recently has been released in its nineteenth edition and has been posted on the web. This column is an executive summary of the major findings of this report.
This year, despite the fact that we are still mired in sluggish Read More
After over thirty-five years in specialty retail loss prevention, there is not a lot that surprises Leo Doran. The two long-running “themes” of his professional life have been fighting internal losses and organized retail crime (ORC).
Doran is vice president of loss prevention for Chico’s FAS, Inc., the Fort Myers, Florida, company with $1.7 billion in annual Read More
Here is a quick quiz—Name a multi-billion-dollar global retailer that is consistently profitable, has had only one owner in 200 years, offers attractive wages and benefits (medical/dental/life insurance/401K plan), and whose longest serving employees are reluctant to retire despite an attractive retirement package?
The answer is the Navy Exchange System. Technically, the Navy Exchange Service Command Read More