Tag: retail industry

Today, analytics is one of the most vital tools to statistically identify the key factors which highly correlate with loss due to shrink. Collecting data from various sources gives retailers a more holistic perspective of their store activity.

AI in the retail industry promises improved efficiencies, lower costs, and improved customer experiences—but it's important to be aware of the technology's current capabilities and its one "fatal flaw."

After a few months of preliminary networking, the Loss Prevention Furniture Alliance (LPFA) was officially launched in December 2017.

Since its inception in 2016, the GDPR has raised a number of questions as to whether or not businesses are properly prepared to comply. With less than a month until the enforcement date, it has been reported that an estimated 61 percent of US businesses are not ready for the regulation.

As the 2018 RILA Retail Asset Protection Conference drew to a close, LPM staff put together a few thoughts coming out of this year’s event.

Rhett Asher, a well-known executive in the retail loss prevention industry, has been hired as the executive vice president and director of retail solutions for Fortalice Solutions.

Tremendous volume increases in the supply chain occur during the holiday season. Although the data for the 2017 season has not yet been released, it's evident that the retail industry has in some ways failed to keep up with the latest holiday shopping trends.

Ethnic and gender diversity in loss prevention has been a topic of conversation in our industry for certainly the three decades I've been involved...

Loss prevention has evolved significantly over the past several decades. Today's loss prevention professionals are expected to be multidimensional, open minded, global thinking, enterprising,...

Savvy leaders shape the cultures of their departments to drive innovation. They know that culture—the values, norms, unconscious messages, and subtle behaviors of leaders...