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Tag: the shrinkage

Managing Retail Loss Prevention and Safety in a Customer-Service Culture

Dennis Wamsley is the director of loss prevention and safety for Publix Super Markets, Inc. He is a 2010 recipient of Publix President's Award,...
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The Search for New Asset Protection Technology Solutions

Brand Elverson was the director of asset protection systems and analysis with Walmart when this interview first appeared in LP Magazine. He is currently...
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2010 National Retail Security Survey Executive Summary

The final report of the 2010 National Retail Security Survey (NRSS) recently has been released in its nineteenth edition and has been posted on...
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Shrinkage Awareness – Communications with an Edge

In a large organization like JCPenney, new hires are immediately given a tidal wave of information on policies, procedures, scheduling, customer service, and register training as...
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Profit Protection—A U.K. Spin on Loss Prevention

EDITOR’S NOTE: Ian Carter is head of profit protection for B&Q plc, the number-one home improvement and garden center retailer in Europe and the third largest in the...
Retail Theft Statistics, Fraud Statistics

Benchmarking Your Performance on Shrinkage

The session took place on the second day of the conference and used an established technology that enabled individual delegates to “answer” questions in real time put...
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Deterring Loss with Humility and Respect

EDITORS NOTE: PaulStone is vice president ofasset protection and riskmanagement at Best Buybased in Minneapolis.Stone started his lossprevention career asa store detective forJCPenney. He...
Growth the New Shrink

Growth: The New Shrink

United Kingdom clothing chain New Look is to retail what Madonna is to contemporary music—a brand that is successfully reinventing itself as an iconic...
Integrating Data to Maximize LP Effectiveness

Integrating Data to Maximize LP Effectiveness

Which areas in your company have the greatest shrinkage reduction opportunities? Is there data that loss prevention can use to help determine the root causes...
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Selling Your Proposal to Senior Executives

“In God we trust. All others bring data.” In the September/October issue of LossPrevention, we focused on mapping out the process by which we sell a...
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