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what causes shrinkage in retail

What Causes Shrinkage in Retail? Addressing the 4 Top Causes

Not every loss prevention tool fits the needs and budget of every retailer. However, a combination of tactics makes an impact and reduces a store's shrinkage.
security camera, retail theft control

Combating Retail Shrink with AI: Two Case Studies

Whether you are an AI skeptic or an enthusiast, these real-life scenarios illustrate the impact of AI and IoT and demonstrate ways for the retail industry to reimagine their loss prevention strategies with advanced technologies.
reduce shrinkage

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.
causes of shrinkage

Relying on Sales Won’t Eliminate Causes of Shrinkage

Can ignoring the causes of shrinkage and refocusing strictly on sales solve our inventory issues?

Smart People Say Smart Things

In every issue of the print magazine since 2001a and now in our digital magazine LPM Onlinea we have conducted an executive interview with...

Today’s Top LP Jobs

Director of Creative & Client Services, LPM Media Group, (NC) LPM Media Group is looking for an organized and creative individual to support our growing...

Today’s Top LP Jobs

Area Investigator, Stage Stores, (LA) Uses broad discretion to protect the assets (physical and human) of multiple Stores within a district/s. Balances theft and fraud...
loss prevention solutions

Calculating the ROI of Loss Prevention Solutions

Over the past 25 years, return on investment, profit center, cost center, and value-added have become significant buzzwords in the loss prevention industry. While not...
asset protection at Walmart

Making It Easier to Get It Right

Navigating the asset protection responsibilities at the world’s largest retailer requires patience, perspective, partnerships, and outstanding leadership. Mike Lamb, LPC, is the vice president...
Charts and analytical data on the tablet screen with a cup of coffee and a telephone in the background Pexels

A.C. Moore Achieves Million-Dollar ROI with Cloud-Based POS Plugin from Genetec

A.C. Moore opened its first arts and crafts store in 1985 in Moorestown, NJ. Today, the national retailer sells an assortment of merchandise in...

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