Tag: shoplifting

Understanding how to calculate shrinkage in retail is important. However, understanding why it is important to control these results and how we can impact company profitability by both improving sales and controlling retail shrinkage is the key to success.

Criminologists and security researchers have developed several ways of thinking about and solving crime problems. The LPRC’s 5D Retail Crime and Loss Prevention concept refers to broad strategies that focus on five tasks

Oscar Arango is vice president of assets protection at Target. His thirty years of experience includes loss prevention management roles with Timberland and Urban Outfitters prior to Target.

In 2019 CIS Security Solutions and the Loss Prevention Research Council coordinated to test a new product developed by CIS, the CIS Tick-R-Tape Tag, in two StoreLabs in Gainesville, Florida.

Stakeholders and communities can no longer ignore the impact that a collective lack of attention to youthful, first time, and low-level shoplifting has had on the proliferation of shoplifting in the US.

The Neiman Marcus Group (NMG) and Misses Kisses have joined the Buy Safe America Coalition, a diverse group of retailers, consumer groups, wholesaler-distributors, manufacturers, and law enforcement officials

Retail’s evolution will be reshaped in the years ahead by how stores assess the changing needs of customers, but it will also be a byproduct of the environment.

The security industry isn’t uniquely prone to implicit bias, but the costs can be particularly high if a bad security decision is made because of it.

On a single night in 2020, approximately 580,000 people were homeless in the United States, a 2 percent increase since 2019 and the fourth consecutive annual increase nationwide.

RILA and the FBI’s Cleveland Field Office have established a working relationship to facilitate communication between the FBI and retailers.