Tag: shrinkage
2017 Survey Reveals Organized Retail Crime’s Top Stolen Items
The 2017 Organized Retail Crime (ORC) Survey, an annual survey conducted by the National Retail Federation, continues to show the impact that organized crime...
Target’s Minimum Wage Increased. What Does That Mean for Theft?
Employee theft is a source of loss simply too costly to ignore, which is why loss prevention practitioners are always on the lookout for...
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...
5 Recent Cases of Retail Robbery and Theft—And the Safe Technology to Thwart Them
At any given time, even the most casual Google search for “retail robberies” will return pages and pages of recent news items—some recounting thieves’ success; others, their failure.
Physical Inventory Control Methods
“What is the single most important measure of the success or failure of your company’s loss prevention efforts?”
If you were to ask senior retail...
Australian Retailers Are Working Together to Defeat Shrink
Australia is famously referred to in a Men at Work song as the “land down under, where women glow and men plunder,” which according...
Random Lessons from the Room: Part Two
This is the second in a series of articles where we will discuss lessons that we have learned over the years while interviewing tens...
Understanding Data Analytics in Loss Prevention
The focus of our next benchmarking survey will be data analytics. In our survey of loss prevention practitioners, this topic was ranked second highest...
A Mall Within a Store?
The future of online and offline shopping is constantly changing. What should malls be doing in order to stay with the times?
Smart People Say Smart Things
In every issue of the print magazine since 2001a and now in our digital magazine LPM Onlinea we have conducted an executive interview with...