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grocery shrink

RILA Student Mentor Program and The Kroger Co Tackle Grocery Shrink with Data

Students from the Retail Industry Leaders Association (RILA) Student Mentor program worked alongside the asset protection team from The Kroger Co to dig deep into the data and use predictive modeling to help make recommendations about problem areas.
reduce shrinkage

A Root-Cause Analysis May Help Reduce Shrinkage

As the industry transitions from bricks and mortar to “bricks and clicks,” the capabilities of existing systems are being stretched thin, and many retailers have not fully integrated the new technology required to manage loss and reduce shrinkage effectively in an omni-channel world.
shoplifting in fitting rooms

Shoplifting in Fitting Rooms

Whether in a booster bag, booster girdle, stroller or wearing stolen merchandise out of a store, the fitting room seems like a great place to conceal merchandise. So, what are some current methods to curb shoplifting in fitting rooms?

LA City Attorney and LAPD Partner with ALTO US to Battle the Growing Problem...

Los Angeles City Attorney Mike Feuer, the Los Angeles Police Department (LAPD) and ALTO US have recently announced they are teaming up to implement a retail risk management solution to battle ORC.
causes of shrinkage

Relying on Sales Won’t Eliminate Causes of Shrinkage

Can ignoring the causes of shrinkage and refocusing strictly on sales solve our inventory issues?
Shrinkage Control, in-store audit

How to Perform An In-Store Audit That Will Guide and Motivate Improved Performance

The three major causes that contribute to inventory shrink in any retail operation are internal theft, external theft, and operational compliance. An effective loss prevention program must focus on all three of these areas.
retail shrinkage rates

What’s Driving the Latest Retail Shrinkage Rates in the United States and Beyond?

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?
what is a loss prevention manager

What Is a Loss Prevention Manager?

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.
how to manage inventory

How to Manage Inventory: Shrink Visibility

At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer's bottom line. But retail shrink numbers are vulnerable to blind spots and imprecise metrics.
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