Tag: retail loss
How Women in Loss Prevention Really See the Industry
Despite the evolution of the LP industry, it remains a predominantly male environment. Why aren't there more women in loss prevention? Editorial Director Jac Brittain, LPC, decided to find out.
Creating Individual and Group Accountability in Retail Loss Prevention
Once you have senior leadership's buy-in, you can then create accountability for controlling loss beyond the LP team. The best place for accountability is in your company's performance reviews.
LPM Excellence Recognizes Tom Rittman for Partnerships
"Partnerships are best when you create solutions without limitations. We should always try to go above and beyond."
LPM Excellence Recognizes Melissa Wacha for Leadership
"I find it admirable when people in leadership roles aren't afraid to ask questions, get hands-on with their teams to work on new innovation, or step out of their comfort zones to see how new technology or automation can impact the business in a digital world"
Confronting a Shoplifter: Do You Know When to Let It Go?
Choosing to show restraint, to allow a shoplifter walk away, and to accept the outcome of loss is a tough decision for an LP professional to make—especially when you're faced with insults, threats, or simply frustration at the perceived injustice.
Respectful Yet Professional: A Sample Retail Resignation Letter
You’re excited about your new position, but you're anxious over the best way to share the news with your soon-to-be former employer. These suggestions can help.
RESEARCH: Losses and Costs Associated with Grocery Store Magazines and Newspapers
The ECR Community Shrinkage and On-shelf Availability Group had become aware of growing concerns about the losses relating to the sale of grocery store magazines and newspapers in the UK—a category not normally associated with high levels of loss.
STANLEY Security Launches Retail Software that Integrates Exception-Based Reporting and Video Surveillance
Designed for flexibility to scale regionally and nationally, TRENDS leverages exception-based insights combined with surveillance footage to uncover inefficient processes.
The Dramatic Metamorphosis of Point-of-Sale Systems
In a study presented at a 2017 conference on business innovations, mobile self-checkout solutions were found to provide a more time efficient shopping experience, particularly when stores are crowded.
How Do You Calculate ROI in Retail?
At some point in your retail loss prevention career, if you haven’t done so already, you will be called upon to help make procurement decisions on new technology, such as electronic article surveillance (EAS) or video surveillance.