Tag: retail loss
LP Insider’s Top Five Shoplifting and ORC Articles of 2016
Does Concealment = Shoplifting?
In most states, intent is the driving factor in determining whether to charge a shoplifter.
It is a common misbelief among shoplifters...
LP Insider’s Top Five Retail Fraud Articles of 2016
Credit Card Fraud: Two Scams LP Should Know About
The retail industry is particularly affected by the crime.
In our tech-focused age, credit card (and debit...
LP Insider’s Top Five Inventory Shrinkage Articles of 2016
How to Calculate Shrinkage in Retail
Understanding how to calculate shrinkage in retail is a fundamental but critical concept within the loss prevention profession as...
LP Insider’s Top Five Loss Prevention Articles of 2016
When Tragedy Strikes the Loss Prevention Community
On the evening of April 10, 2016, a shoplifting suspect was attempting to steal three flat screen televisions...
2016 Data Breach Statistics: By the Numbers
Data breach statistics have continued to climb at an alarming rate in 2016, with a staggering number of incidents exposing several billion personal records...
People on the Move: December 2016
Professional advancement and building a successful loss prevention career can mean many things to many different people. For some individuals it may mean reaching...
Brexit, Trump, and the Retail Trade Industry
Like the British referendum vote earlier this year, the election of Donald Trump in the United States has sent tectonic waves not just through...
Craigslist and the Potential for Gift Card Fraud
Organized retail crime (ORC) is not a new challenge to the retail environment, but it is a criminal element that continues to grow and...
LP Magazine: A Look Back at the Middle Years
Bill Turner, LPC, has been a reader and contributor to Loss Prevention magazine (now LP Magazine) since its inception in 2001. Now, as the...
Defining and Measuring Total Retail Loss
Professionals in the retail universe agree that loss is a problem. What they have not agreed on in the past is what actually makes...