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There is little consensus on what constitutes “loss” within the retail world nor how it should be measured. The terms “shrinkage” and “shortage” have been loosely applied to encapsulate some of the areas that generate loss, but they are not terms enjoying a clear and agreed-upon definition across the sector.
The APLC provides a platform for industry leaders to come together to address challenges and issues in asset protection.
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While omni-channel was indeed a significant point of discussion throughout the conference, loss prevention and risk management issues were hardly mentioned. Maybe I shouldn't have been surprised, but I was.
Stinde was most recently vice president of asset protection at Dallas-based 7-Eleven.
Solutions to address theft and loss are often led from the retailer side of the partnership, but manufacturers do face responsibilities when it comes to product protection. From manufacturer to retailer, product protection is everyone's job.
The Retail Industry Leaders Association (RILA) recently recognized Profitect, a leader in prescriptive analytics software, as a valuable strategic partner to the Association and...
In a world where opposites attract, denial of service could be a force for good and put to commercial use, particularly in retail where organized retail crime gangs and opportunist thieves have had a free hand at disrupting legitimate business.
Cheryl Blake has been promoted to division president at Verisk Retail. She was most recently the vice president of business development for the solution...