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retail store closing

Closing of Some Brick-and-Mortar Retailers Part of Natural Evolution

The national news has been filled with stories about the demise of brick-and-mortar retailers, but such closures are part of a natural evolution of...

You’ve Just Lost Your Job. Now What?

In today’s tumultuous retail environment, it’s happening all the time. It could be downsizing, a corporate buyout, store closing, or even an entire company going out of business. The days of forty years with one company and a gold watch are gone. At some point, most professionals in retail will be looking for a new job. You need to be ready.

LPM Insider’s Top 5 Retail Industry Articles of 2018

Amazon Go, Toys "R" Us, and holiday shoplifting prevention were all top of mind for readers interested in the retail industry category in 2018.
security survey

The Checklist: An Old-School Retail Operations Process That Still Works

No pilot would ever dream of flying an airplane without the extensive use of pre-startup, pre-taxi and pre-takeoff checklists. Pilots know that checklists are the best way to ensure consistent operation—a necessary condition for safe flight.
retail industry, grocery store shrink

Managing Grocery Store Shrink Begins with Problem Identification

One question I have been asked frequently is, “How did you know how to battle retail shrink in the grocery business, especially considering your...

Stop Worrying about the Retail Apocalypse and Focus on the Tsunami of E-commerce Returns

In the July-August 2017 issue of this magazine, I wrote an article titled "Brick-and-Mortar Is Not Dead; Amazon Just Proved It." That statement continues...
closing a retail store

Closing a Retail Store: Loss Prevention’s Role

In recent years, senior loss prevention executives throughout retail have had to come to grips with a different type of promotional sale events—the all-too-frequent store-closing sale. It...

Is It High Noon in the US Retail Industry?

Last week, GameStop became the latest retailer to announce a major round of store closures. Citing a 13.6 percent drop in sales last quarter,...
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