Tag: retail theft
Finding a New Way Forward in Loss Prevention
According to the 2014 Global Retail Theft Barometer released late last fall, losses from shrink cost retailers around the world more than $128 billion...
Checkpoint Systems Introduces New Solutions for Food Retailers to Reduce Shrink
Checkpoint Systems, Inc, a global supplier of merchandise availability solutions for the retail industry, recently announced at the FMI Asset Protection Conference two solutions...
Time for Some Hard Work on Soft Sentencing
I recently watched a video of a panel discussion on organized retail crime (ORC). The panel discussed current ORC issues, legislation, coalitions, online sales...
The Global Retail Theft Barometer
It probably comes as no surprise that shrink remains a significant operational challenge for retailers around the world. That's one top-line conclusion of the...
Turning Point Justice Expands Shoplifting Offender Compliance with Hire of Michaela Andruzzi as...
Loss prevention cloud technology company Turning Point Justice (TPJ) is continuing its rapid growth, announcing that it has hired Michaela Andruzzi as Corporate Counsel...
Taking Control of the Situation – Part I
Ed. Note: This whitepaper is a sample from Victor's upcoming book, tentatively titled Training Ordinary People to be Everyday Heroes. For more information, please...
Crime Control in Singapore
During this past fall semester, I was on an academic sabbatical. This is a time when professors are temporarily relieved of their everyday teaching...
Is There a Punishment for Shoplifting If Merchandise Is Recovered?
Many are under the assumption that a retailer does not sustain any damages if the merchandise stolen in a shoplifting incident is recovered in...
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....
The Evolution of Data Sharing in Retail’s Battle Against ORC
Over the past decade, much has changed in loss prevention. As we look back at the transformation that has occurred...even to this magazine...we see...