Tag: retail shrinkage
Fifteen Years of Growth and Change
Its been fifteen years since LP Magazine was first introduced to the loss prevention industry. From that inaugural edition through today, there have been...
Retail Loss Prevention: How Much Do You Really Know?
The most recent National Retail Security Survey (NRSS), led by Dr. Richard Hollinger of the University of Florida, uses empirical retail loss prevention data...
Retailers Estimate Shoplifting, Incidents of Fraud Cost $44 Billion in 2014 According to National...
NRF/University of Florida Survey Finds Shrinkage Totaled 1.38% of Sales Last Year
Long Beach, California, June 24, 2015 – A new study being released from NRF...
The 2015 National Retail Security Survey Has Begun
It wasn’t that long ago that there was no consistent or reliable means to gather and interpret industry-wide information on retail shrinkage. Not only...
2012 National Retail Security Survey—First Glance at the Results
I am back in the saddle again after undergoing hip replacement surgery this past summer. That is why you did not see me at the...
2011 NRSS Overview
We are now in the process of completing the 2011 National Retail Security Survey (NRSS) Final Report for publication on the web. I presented...
Retail Theft Victims and the Criminal Exception
Annually, retailers lose billions of dollars due to theft. In 2010, global retail shrinkage totaled $107.284 billion with shoplifting being the largest contributing factor....
Benchmarking Your Performance on Shrinkage
The session took place on the second day of the conference and used an established technology that enabled individual delegates to “answer” questions in real time put...
The European Road Map—Managing Stock Loss in the Retail Sector
If shrinkage management could be viewed as a journey, then recent European experience would be one not only lacking a final destination, but one plagued by...
Managing Change at the Worlds Most Admired Specialty Retailer
EDITORS NOTE: Leonard A. Schlesinger is vice chairman and chief operating officer of Limited Brands. He also sits on the companys board of directors....