Tag: retail shrink
Walmart’s Neighborhood Market Grocery Business
EDITORS NOTE: Gary Smith, LPC, is senior director of asset protection for Walmarts Neighborhood Market line of smaller scale, grocery-focused retail stores. He has...
Changing Behavior—Moving Exception Reporting Beyond Loss Prevention
Many retailers today are exploring different ways of maximizing the use of loss prevention technology such as exception reporting by exploring other opportunities to...
The Challenge of Using Target-Store Programs to Control Retail Shrink in Specialty Retail
In order to effectively manage retail shrink, loss prevention strategies must be applied differently according to the specific needs of the retail model. This...
EyeOnLP: Sysrepublic Captures Data and Creates Value for the Retail Industry
For over a decade, Sysrepublic’s mission has focused on partnering with industry leaders to innovate new ways of building long-term value from big data. What started with one retailer in the UK is now a global user group spanning four continents – and they’re still growing strong.
Partnering with Law Enforcement to Combat Organized Retail Crime
While some of the tools of organized retail crime and methods of operation continue to evolve with the changes in technology and dynamics of...
Setting the Stage for an Organized Retail Crime Strategy
Editor's Note: Organized retail crime remains an ongoing challenge for loss prevention programs across the country. The following article serves as Part 1 of...
Organized Retail Crime: Overcoming Public Misperceptions
Editor’s Note: As 2015 draws to a close, LP Magazine is taking a look back at some of its top articles from the past...
“Selling” Loss Prevention Management Services – The Ace Hardware Story
Editor’s note: This content focuses on some of the different loss prevention management strategies that take place in a retail franchise environment, and how...
Alcohol Retailing in the Wine and Spirits Industry
The wine and spirits segment of retail is unique in the sense that few other goods available in retail stores are so tightly controlled...
Global Retail Theft Barometer Study Finds U.S. Retail Shrink Up
According to results compiled through the latest Global Retail Theft Barometer study, retail shrink is on the rise in the U.S., and it is...