Tag: shrink reduction
From Store-Level LP Associate to EVP of Stores
At the time of this interview in 2009, Marvin Ellison was executive VP of US stores at Home Depot and the first African-American in the company's executive suite.
Shrinkage Awareness – Communications with an Edge
In a large organization like JCPenney, new hires are immediately given a tidal wave of information on policies, procedures, scheduling, customer service, and register training as...
12 Months Into Becoming World Class
Many loss prevention professionals begin their career in established departments where they are lured to the structured succession planning, continuing programs, and enduring policies. However,...
Deterring Loss with Humility and Respect
EDITORS NOTE: PaulStone is vice president ofasset protection and riskmanagement at Best Buybased in Minneapolis.Stone started his lossprevention career asa store detective forJCPenney. He...
Managing Asset Protection at SUPERVALU
EDITORS NOTE: Carol Martinson isvice president, asset protection group, forSUPERVALU, where she oversees retail lossprevention operations, operations safety, foodsafety and quality assurance, and corporatesecurity....
Considerations for Evaluating EAS Source-Tagging Programs
While electronic article surveillance (EAS) has become pervasive in the US retail market, there are still a large number of retailers that have yet...
Growth: The New Shrink
United Kingdom clothing chain New Look is to retail what Madonna is to contemporary music—a brand that is successfully reinventing itself as an iconic...
Writing a Prescription for Controlling Shrink
EDITORS NOTE: Ernie Deyle is the vice president of lossprevention at CVS/pharmacy. Since joining CVS in 2002, thecompany has undergone dynamic changes in the...
Reorganizing Loss Prevention through Talent and Technology
EDITORS NOTE: Paul Jones is senior vice president of loss prevention for Limited Brands. He is responsible for overseeing the loss prevention, shortage control,...
Boosting Employee Shrinkage and Safety Awareness in the DC Environment
Four major retailers discovered that reducing losses in their distribution centers (DCs) boiled down to one primary challenge—getting associates to take responsibility and accountability...