Tag: preventing theft


Inside the World of Goodwill Loss Prevention

Inside the World of Goodwill Loss Prevention

The retail model of a store like Goodwill is a unique one. When you’re faced with handling loss prevention in an environment that accepts and sells donated goods—where traditional inventory tracking is a foreign concept—it can present some unusual challenges.   Read More


Mission Driven

Mission Driven

After a long career in loss prevention, including twenty-six years at Best Buy, Paul Stone, CFE, LPC, is now experiencing unparalleled results. Tempted out of semiretirement six months ago, Stone joined Goodwill Industries of Southeastern Wisconsin as its vice president of security. “We have zero shrink,” he said, a smile   Read More


How to Improve Your Retail Security Culture

How to Improve Your Retail Security Culture

Security committees can be useful to loss prevention departments by formalizing the role that staff plays in preventing theft and promoting security. The strategy may also broaden responsibility for asset protection and integrate it into everyday store operations.   Read More


How Do Companies Make Up for Stolen Cargo?

How Do Companies Make Up for Stolen Cargo?

Cargo theft has a negative financial impact on shipping companies, state and local governments, insurance companies, retailers and even consumers. It is far from a victimless crime; in fact, the impact of stolen cargo reaches much further than many people realize.   Read More


What Does a Loss Prevention Associate Do?

What Does a Loss Prevention Associate Do?

Contemporary loss prevention professionals still maintain responsibility for retail security. But they also must handle employee theft issues, data protection, safety and risk management, inventory audits, legal compliance, and matters related to organized retail crime and fraud.   Read More


Closing a Retail Store: Loss Prevention’s Role

Closing a Retail Store: Loss Prevention’s Role

In recent years, senior loss prevention executives throughout retail have had to come to grips with a different type of promotional sale events—the all-too-frequent store-closing sale.

It is no longer a rarity that LP managers are called upon to design and implement shrink-control programs that protect inventories throughout the process of closing a retail store.   Read More