Tag: shrinkage control
Hibbett Sports Store Operations: An Exclusive Interview with Scott Myers, VP of AP
"In 1995, our president and CEO said to Hibbett Sports store employees: Your first job with the company is to protect the assets of the company."
Shoplifting Continues to Rise – 8 of Past 10 Years, According to the Annual...
Over 432,000 shoplifters and dishonest employees were apprehended in 2017 by just 21 large retailers who recovered over $188 million from these thieves, according...
Collecting Shrinkage Goals and Sport Memorabilia
EDITORS NOTE: Scott Myers is vice president of asset protection for Hibbett Sports. For much of his 22 years with the company, he held...
Theft Takes a Toll on Retailers’ Bottom-Line Profits, According to Jack L. Hayes International’s...
Over 438,000 shoplifters and dishonest employees were apprehended in 2016 by just 23 large retailers who recovered over $120 million from these thieves, according...
9 Necessary Practices for Successful Shrinkage Control
In the generally unyielding area of retail loss prevention, few US corporations have been highly successful in staunching the pervasive problem of inventory shrinkage—the...
Controlling Retail Shrinkage in the Specialty Environment
Retail shrinkage stems from a handful of causes that are rarely unique to a single retailer. Theft, whether internal or external, and operational error...
Breaking the Retail Shrinkage Life Cycle
For those of who have been in the loss prevention business for a number of years, you are surely familiar with the retail shrinkage...
The Apprehension of Shoplifters and Dishonest Employees Has Increased in 9 of the Past...
Over 1.2 million shoplifters and dishonest employees were apprehended in 2015 by just 25 large retailers who recovered over $200 million from these thieves, according...
Exacq Technologies Announces Integration with Sensormatic’s New Synergy Series
Exacq Technologies, part of the Security Products business unit of Tyco, announces an integration with the Sensormatic Synergy electronic article surveillance (EAS) detection system...
Organized Retail Crime Gangs Targeting Optical Goods
Reports indicate that security in the United States has worsened in many arenas since September 11, 2001. Many crime-fighting resources are being focused specifically...