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The three major causes that contribute to inventory shrink in any retail operation are internal theft, external theft, and operational compliance. An effective loss prevention program must focus on all three of these areas.
Am I sure that he is attempting to steal this merchandise? "Yes, I am sure."
For this benchmarking survey, the authors looked at how some of the biggest retailers in the US are experiencing shoplifting, violence associated with these incidents, and the shoplifting policies and procedures put in place to manage these issues.
After hearing loss prevention leaders describe recent efforts to enhance the security of their stores after closing, it becomes immediately clear that the long,...
These tragic events remind each of us of the unpredictable nature of troubled minds and the vulnerability that comes with getting caught up in chance circumstances.
A loss prevention supervisor of a Kohl’s in Pennsylvania has been charged in connection to a fire that occurred in the West Manchester Township...
In his bestselling book, The 7 Habits of Highly Effective People, Stephen Covey presented a holistic, principle-based approach for solving personal and professional problems....
Many have taken issue with the video’s depiction of how the loss prevention representative handled the situation, accusing him of being too rough with the juvenile. Others are defending the loss prevention representative’s actions as warranted given the circumstances. See the survey results.