Tag: retail industry

How can US retail shrinkage rates be so high, when the United States ranks in the top five countries in terms of investment in loss prevention technology?

The more retail e-newsletters and alerts you receive, the worse you may feel with the constant drumbeat of store closings, retailers filing bankruptcy, and elimination of jobs in our sector. Is this reality, or is it Chicken Little syndrome?

"It's not easy for any of us to balance all of the many priorities that we have in our lives," said Duke. "But once you're engaged in something that you're truly passionate about—something that's in your heart and you truly believe in—you find the time."

I purchased the cooler bag and went to one of my corporate retail colleagues to test the bag with two different types of electronic article surveillance (EAS) tags; the classic hard tags and UPC-style sticker tags. After a series of tests, I noted the following results.

In 2015, $78 million in counterfeit currency was passed in the United States, according to a report by the US Secret Service. Nearly 7o percent of that $78 million was created with the use of digital printing technologies.

More retail industry employers are using pre-employment screening tests to find better employees.

To the average consumer, a loss prevention manager might once have been perceived as a “security guard”: a reactionary presence in a retail establishment whose primary responsibility is to apprehend shoplifters.

LP Magazine has recently added four new members to its editorial board: Paul Jones, Hank Siemers, Paul Stone, and Pamela Velose. The magazine's editorial board, along with its vendor advisory board, plays a fundamental role in the LPM community.

Appriss Retail has recently announced it has processed more than three billion real-time requests for analytics-driven decisions. The achievement underscores the company’s continued growth...

Various factors, including tight budgets, increases in serious crime, and shrinking availability of patrols have affected police procedures and shoplifting penalties.