Tag: shrinkage

There have always been arguments for and against each type of security staffing strategy, explains Breck Ellison [shown], COO of Gallaher and Associates , a Tennessee security and safety company.

Joy riding minors

FB post gets a confession

80% of the problem is here

Uber driver helps deputies

Undercover cops nab boosters

Store owners partner with PD

Research in the loss prevention industry is alive and well on both sides of the Atlantic. Several organizations are growing our body of knowledge...

Every loss prevention and asset protection team puts together some kind of "plan to win." As we've discussed before, there is too much at...

Interventions must be highly visible if they are to play a role in amplifying risk. There is no point in hiding it away or making it less than obvious to the would-be thief.

“We all know what we have to do together to reduce food waste, but it’s not happening.”

Given that restaurants operate on incredibly narrow margins, it is important to identify and reduce the opportunities for employee theft. Here are five common ways in which dishonest employees steal from restaurant owners and customers.

Between the physical and online space, ever-diminishing timelines, and the possibilities of pinpointing stock on its return journey (the so-called reverse logistics model), you have all the ingredients for a parallel universe where nothing is quite what it seems.

Despite retailers reporting worrisome and worsening ORC statistics, resources to fight it may be on the verge of stagnating. Only 40 percent said their companies are allocating more resources to fight ORC, down from about half of retailers that noted increased spending in both 2016 and 2015.

Students from the Retail Industry Leaders Association (RILA) Student Mentor program worked alongside the asset protection team from The Kroger Co to dig deep into the data and use predictive modeling to help make recommendations about problem areas.