Tag: shrinkage
What Shoplifters Say about Stopping Shoplifting
With all the advances in security measures, FBI Crime Index statistics show shoplifting offenses were up 13.3 percent in 1999 compared to 15 years ago. This...
RFID: The Future of Supply-Chain Management
Imagine a microchip the size of a grain of salt attached to every single manufactured product in the supply chain. Every can of soda,...
Outsourcing Options in Specialty Loss Prevention
Over the past two years, several specialty retailers including Stride Rite, Wilsons Leather, and Fredrick’s of Hollywood have made the decision to outsource their...
How EAS Source Tagging Rewrote Shrinkage History in the Music and Video Sector
History repeats itself until history is rewritten. For decades, prerecorded music and video products have been prone to high shrinkage. Whether it was the...
A Tale of Two Companies: A Roadmap for Merging LP Departments
LensCrafters is the largest chain of optical superstores with more than 860 stores in the U.S. and Canada. Sunglass Hut International is recognized as...
The View from the Top
EDITORS NOTE: Thomas Coughlin began his career as a store detective with Macys in California. After several years in various LP positions with Cook...
If You Don’t Ask, You May Not Find Out
Paul searched the local classifieds and found a job listing that piqued his interest. He called the special number and had a favorable five-minute...
