Tag: shrink reduction
The Benefits and ROI of Online POS Exception Reporting
According to industry surveys as well as industry buzz, it’s one of the hottest technologies in the retail loss prevention industry, with users swearing...
The Shipman Group: Looking to Reduce Shrink and Exposure for Your Company?
The Shipman Group LLC is a group of professional practitioners specializing in Loss Prevention/Asset Protection, Profit Enhancement, Crisis Management, Emergency Management, Premise Liability and Reputational Risk issues.
From Running a Loss Prevention Department to Running a Marathon
David Lund, CFI, LPC, is the vice president of loss prevention for DICK'S Sporting Goods based in Pittsburgh. DICK'S Sporting Goods operates over 600...
Rethinking Loss Prevention and Shrink Management
The pace of change in the retail industry has accelerated dramatically over the past few years. The move to online shopping, emergence of mobile...
Changing Roles and Challenges in Loss Prevention
Interviewee Bios
Stacie Bearden
Director of Asset Protection, Field
The Home Depot
Bearden is responsible for the field organization's theft and fraud including Home Depot's organized retail crime...
Loss Prevention Strategies at Canadas Largest Food Distributor
Dean Henrico is senior vice president of loss prevention for Loblaw Companies Limited where he is responsible for loss prevention strategies across the enterprise....
What Is Big Data?
Big data is a very large amount of complex data that can be structured, semi-structured, and unstructured. This can be a collection of traditional...
When Dealing with Shoplifting, Safety Is Always Our First Option
There are thousands of stories dealing with shoplifting that appear every week across digital media in a continuous stream of petty crimes and tragic...
Asteya and the Attitude of Gratitude: Building a Strong Employee Awareness Program
lululemon's LP philosophy is founded in the roots of Yoga, in the Sanskrit word “Asteya,” which translates from Sanskrit to “non-stealing.”
The Challenge of Using Target-Store Programs to Control Retail Shrink in Specialty Retail
In order to effectively manage retail shrink, loss prevention strategies must be applied differently according to the specific needs of the retail model. This...