Tag: shrinkage
CASE STUDY: A Secure Display Case Breaks Down Barriers
Over many years, cabinets have presented themselves as physical barriers to customers wishing to interact with high-value items. Locking merchandise away in a secure display case was seen as good for reducing shrink, but it could also run the risk of sales reduction.
The 60-Second Guide to Total Retail Loss
There is no agreed-upon definition of what constitutes "shrinkage." Most estimates are based only upon measures of merchandise losses where the cause is unknown. The total retail loss concept offers a new definition of loss.
Loss Prevention Certification: Recently Certified – June 2018
We are pleased to recognize and congratulate industry leaders who recently obtained their LPC certification. Despite their demanding schedules, they still saw the value and took the time to obtain this industry-leading credential.
How to Define Loss Prevention
“So, what do you do?” This is common question that for some loss prevention professionals presents a perplexing set of thoughts. “How do I adequately satisfy the inquirer’s request, without overcomplicating the dialogue?”
Can a Retail Buyer Help Reduce Shrink?
When LP teams and buyers work together, a retail organization can reduce shrink through effective inventory management.
Zebra: Robust, Simple-to-Deploy Physical Inventory Solutions — Booth 220
Zebra Retail Solutions offers robust, simple-to-deploy physical inventory solutions, with audit applications approved by the Big 4 auditing firms, that are out-of-the-box simple. Visit Booth 220 to learn more.
Retail Data Analytics: A Straightforward Breakdown of Types and Sources
Preliminary analysis of how LP teams are using data analytics suggests it is being used in at least three ways, based on the type of analysis being performed, the frequency with which it is done, and the type of employees using it.
The Cult of Technology in Asset Protection: LP/AP’s Adoption of Multidisciplinary Concepts
As technological advances have occurred in other domains such as computer science, the realm of capabilities in our LP/AP world has exploded. However, all too often, there is a willingness to believe that technology offers a panacea.
Shoplifting Continues to Rise – 8 of Past 10 Years, According to the Annual...
Over 432,000 shoplifters and dishonest employees were apprehended in 2017 by just 21 large retailers who recovered over $188 million from these thieves, according...
