Tag: retail shrink
Fifteen Years of Loss Prevention, Part 3
Here we are at the third and final installment of the first fifteen years of Loss Prevention magazine. I had indicated in the first...
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 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...
Are Thefts by Senior Citizens Rivaling Juvenile Shoplifting?
For many years, the stereotype of the amateur shoplifter has been a juvenile shoplifting offender pilfering candy, makeup, and other minor items from retail...
Hiring Loss Prevention Associates: It’s a People Business
Proactive loss prevention leaders have recognized that their success or failure will almost always fall on the shoulders of the people they attract into...
Holiday Season Presents Retail Shrink Challenges (Checkpoint Systems)
According to the recently published 2016 Retail Holiday Season Global Forecast, retailers will experience both the heaviest sales volumes and the weakest performances (specific...
Holiday Crooks Are Here; Get Ready Inside and Out
You’ve readied your technical systems, stocked up security supplies, gone over loss prevention protocols with staff, and tried to hire only honest seasonal workers. Now, it’s time for shoppers—and criminals—to start filling your stores.
Building an LP Department Focused on People
EDITORS NOTE: David Shugan, CFI, is the senior director of loss prevention for Carters based in Atlanta. Prior to taking over the leadership role...
2016 Holiday Retail Trends, Sales Performance and Loss Prevention
Annual retail trends consistently emphasize the importance of the holiday season on overall retail performance. And although the face of retail continues to change...