Tag: retail loss prevention
Motorola Solutions to Acquire Theatro, Maker of AI and Voice-powered Communication and Digital Workflow...
Theatro’s software-as-a-service platform, purposefully designed for frontline workers, provides a suite of collaboration applications that deliver information in real time to help improve their productivity and physical safety.
NRF Chief Economist Says 2024 ‘Ended on a High Note’
Economic growth withstood inflation, high interest rates, and other challenges in 2024 and is expected to continue showing strength in 2025, according to National Retail Federation Chief Economist Jack Kleinhenz.
Transforming Retail Operations: The Role of AI in Checkout and Beyond
Read how AI is helping retailers reduce shrink at checkout by identifying both intentional theft and honest mistakes, improving efficiency, and delivering measurable ROI.
Research Shows Fraudulent Returns and Claims Cost Retailers $103B in 2024
The research shows that total merchandise returns for the year reached $685 billion, representing 13.21% of total retail sales, which amounted to $5.19 trillion in 2024.
Safeguarding Seasonal Success: Psychology-Informed Loss Prevention with Temporary Employees
Seasonal employees often face unique psychological and financial pressures that can influence their behavior in the workplace. Learn more in this LPM exclusive!
The Evolution of the LP Professional: 10 Years Later
Ten years ago, LPM asked LP leaders, key solution provider partners, and other thought leaders to share where they thought the profession would be ten years down the road. So, how did we do? Let’s take a closer look.
Smart Hiring Reduces Retail Shrinkage and Boosts Loss Prevention
External theft, internal theft, and operational errors are made worse by poor hiring practices and high employee turnover. Learn more in this article.
2024 Holiday Spending Expected to Reach New Record
Consumer spending on the winter holidays is expected to reach a record $902 per person on average across gifts, food, decorations, and other seasonal items.
Organized Retail Crime Associations: The Complete List
Successful organized retail crime associations are typically independent, multi-jurisdictional, customer-centric, and a recognized non-profit to be best positioned to lead the public/private partnership and combat ORC.
Collaborative Approaches to Asset Protection: Engaging All Stakeholders
The journey towards comprehensive asset protection begins with understanding the power of collaboration and the value each stakeholder brings to the table. Let’s dive into how this collective effort can safeguard assets and propel your organization forward.