Tag: shrinkage
2011 NRSS Overview
We are now in the process of completing the 2011 National Retail Security Survey (NRSS) Final Report for publication on the web. I presented...
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...
Crime Control in Singapore
During this past fall semester, I was on an academic sabbatical. This is a time when professors are temporarily relieved of their everyday teaching...
2010 National Retail Security Survey Executive Summary
The final report of the 2010 National Retail Security Survey (NRSS) recently has been released in its nineteenth edition and has been posted on...
Managing Loss in the Rent-to-Own Industry
EDITOR'S NOTE: Bobby Templet (pronounced tom-play) is vice president of loss prevention for Rent-A-Center. He has thirty-plus years of loss prevention experience with Footstar,...
Retail Theft Victims and the Criminal Exception
Annually, retailers lose billions of dollars due to theft. In 2010, global retail shrinkage totaled $107.284 billion with shoplifting being the largest contributing factor....
EAS Merchandise Protection Strategy
In recent years, Gap Inc. has implemented a number of electronic article surveillance (EAS) solutions, including in-store applied hard and alarming tags, factory-applied source/soft...
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...
Through the Eyes of the Guest – Asset Protection at Gordmans
Successful asset protection and store security programs are never “tone deaf.” This means that the most effective programs are shaped, managed, and refined over time to reflect...
Transforming LP and Operations at Zale Corporation
As technologies evolve in the world, so often do the ways that organizations do business. When George Slicho, senior vice president at Zale Corporation, decided...