Tag: shrinkage
How to Design a Loss Prevention Program to Attack Shrinkage in a High-Risk Store
Integrating an effective loss prevention program can yield dramatic improvements when it comes to mitigating inventory shrinkage. But aligning an LP department appropriately within...
Using Inventory Analysis to Untangle Fraud at 7-Eleven
According to the most recent data, the US retail industry loses nearly $60 billion annually due to shrinkage. As part of an increased focus...
Defining and Measuring Total Retail Loss
Professionals in the retail universe agree that loss is a problem. What they have not agreed on in the past is what actually makes...
A.C. Moore Achieves Million-Dollar ROI with Cloud-Based POS Plugin from Genetec
A.C. Moore opened its first arts and crafts store in 1985 in Moorestown, NJ. Today, the national retailer sells an assortment of merchandise in...
No Product Left Behind with Axis (Axis)
In order to fulfill its promise of same- or next-day delivery, home furnishings retailer RC Willey manages $500 million of inventory in warehouses and...
Predictive Data Analytics
In the 2015 US Retail Fraud Survey, retailers across the country identified analytics and monitoring as the number one area of need. With the...
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...
Beyond Shrinkage: Introducing Total Retail Loss
A major new report published by the Retail Industry Leaders Association (RILA) puts forward a dramatically different way of thinking about the problem of...