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RESEARCH: Retail Theft and Loss Prevention Analytics
Who shoplifts? There is no typical profile of a shoplifter. Based on our experience of interviewing offenders, shoplifters can be male or female, of any race, as young as five or well into their seventies.
3 Pitfalls That Will Cause Your Vendor-Retailer Relationship to Fail
The vendor-retailer relationship is complicated, time-consuming, and sometimes frustrating. But if it's the right relationship, it can be mutually beneficial and everyone is happy—or at least minimally dissatisfied, depending on your perspective.
To Stop or Not to Stop the Shoplifter: Is This Still a Question?
Am I sure that he is attempting to steal this merchandise? "Yes, I am sure."
How to Manage Inventory: Shrink Visibility
At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer's bottom line. But retail shrink numbers are vulnerable to blind spots and imprecise metrics.
Understanding Essential POS Features and Limitations
Data is the future of the loss prevention and asset protection industry. A single, data-friendly LP professional can both identify and address leading indicators...
New Retail Technology in 2017 Adds Value through Analytics
New retail technology has evolved exponentially over the past few decades, especially when it comes to analytics. Originally, descriptive analytics was the primary investigative tool...
The Evolving Impact of Return Fraud and Abuse
The concept of the retail return is a relatively new phenomenon. In the mid- to late-twentieth century, retailers began accepting returned merchandise as an...
From Retail LP to Solution Provider to Restaurant Brand Protection
A Q&A session with David Johnston, the senior director of LP for Dunkin' Brands about the industry and his experiences within loss prevention.
Top Five Secrets for Making the Outsourcing Decision (LP Innovations)
So far 2017 has been a very challenging year for retail companies. The number of retail companies that have filed for bankruptcy, closed locations,...
Using Video Surveillance Systems to Perform Audits
Throughout my career in retail loss prevention, I’ve seen some pretty outrageous behavior captured by video surveillance systems. From performance and productivity issues –...