Tag: shrinkage reduction
New Loss Prevention Requirements and Challenges Call for the Expertise of Partners Like These
Today's loss prevention requirements are vastly different from those of yesterday. Luckily, these solution provider partners are up to the challenge.
Sweethearting: The Dark Side of Good Customer Service
One of the most commonly held principles of shrinkage reduction, especially for shoplifting deterrence, is achieved by giving good customer service. This idea is...
The Three Amigos
Exemplifying the True Meaning of Solution Provider Partner: An Interview with Kevin Lynch, Mike Grady, and Rex Gillette
Calculating the ROI of Loss Prevention Solutions
Over the past 25 years, return on investment, profit center, cost center, and value-added have become significant buzzwords in the loss prevention industry. While not...
“Selling” Loss Prevention Management Services – The Ace Hardware Story
Editor’s note: This content focuses on some of the different loss prevention management strategies that take place in a retail franchise environment, and how...
Moving to the Dark Side: The Transition from LP Executive to Solutions Provider
The loss prevention industry is fortunate to have a strong support network of quality solutions providers. Some of the executives with these companies started...
Profit Protection—A U.K. Spin on Loss Prevention
EDITOR’S NOTE: Ian Carter is head of profit protection for B&Q plc, the number-one home improvement and garden center retailer in Europe and the third largest in the...
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...
Integrating Data to Maximize LP Effectiveness
Which areas in your company have the greatest shrinkage reduction opportunities?
Is there data that loss prevention can use to help determine the root causes...
Developing a Strategy for Professional Development and Shrinkage Reduction
EDITORS NOTE: William M. BillTitus is vice president of lossprevention, environmental health,and safety for Sears, Roebuckand Co. He is responsible for overseeing over 2,400full-line...