Tag: richard hollinger
Shedding Light on Retail Theft Statistics
The NRSS indicates that shoplifting accounted for 35.7 percent of the reported shrink in 2017, which is down from 39.3 percent in 2016.
LPF Announces Strategic Partnership with the University of Florida
The Loss Prevention Foundation has recently announced a new partnership with the University of Florida that aims to benefit UF students and the loss prevention/asset protection community.
Today’s Need for Retailers to Engage with NASP to Prevent Shoplifting
Today, more than ever, retailers need solutions to address the ever-growing problem of shoplifting and theft. The criminal justice system has not been effective in solving this. [Sponsored Post]
Employee Investigations: Does It Pass the Smell Test?
When it comes employee investigations, sometimes the "smell test" will not let you rest. You know, those situations when you listen to a story or a business practice, and something just plain stinks.
Finding Answers through Research
Research in the loss prevention industry is alive and well on both sides of the Atlantic. Several organizations are growing our body of knowledge...
Reduce Employee Theft by Removing Opportunity
Not every solution needs to feed into the crime prevention arms race. An important foundation, say researchers and industry experts, is for retailers to assess whether their basic control policies and procedures might be inadvertently contributing to employee dishonesty.
A Lifetime of Learning
EDITOR'S NOTE: Chad McIntosh is the vice president of loss prevention and risk management for Bloomingdale's. He has more than forty years of loss...
How to Sell Your Proposal to a Senior Loss Prevention Executive
While it would be impossible to give an exact formula for success in every company and project, it is reasonable to explore a framework that can be used to increase our chance at getting our proposal approved and implemented.
NRF/University of Florida Survey Says Retail Shrink Decreased to $46.8 Billion in 2017
Thefts, fraud and losses from other retail “shrink” decreased to $46.8 billion in 2017 from $48.9 billion the year before as shoplifting and organized retail crime continued to be the leading causes.