Tag: the shrinkage
The European Road Map—Managing Stock Loss in the Retail Sector
If shrinkage management could be viewed as a journey, then recent European experience would be one not only lacking a final destination, but one plagued by...
Developing a Strategy for Professional Development and Shrinkage Reduction
EDITORS NOTE: William M. BillTitus is vice president of lossprevention, environmental health,and safety for Sears, Roebuckand Co. He is responsible for overseeing over 2,400full-line...
An Academic Approach to LP
EDITOR’S NOTE: Richard C. Hollinger, Ph.D. is a professor in the Department of Criminology, Law and Society at the University of Florida in Gainesville. He is...
The Dual Role of Internal Audit and Loss Prevention
EDITORS NOTE: Sandy Katz is vice president of audit and control for Talbots, the specialty retailer focusing on misses, petites, and women's fashions, as...
How GUESS? Turned LP into a Mission-Critical Business Operation
Shoplifters’ Destination of Choice
From Aruba to Venezuela, the GUESS?™ brand is ubiquitous. Known globally for its innovative, highly visual design sense...and for launching the careers...
Targeting Shrinkage with a Comprehensive Program for High-Risk Stores
Despite a difficult second half for most retailers, Stage Stores, Inc. achieved solid financial results during fiscal 2002. A weak economy and declining consumer...
Gems of Leadership for Loss Prevention
EDITORS NOTE: Richard Mellor is divisional vice president of loss prevention at Helzberg Diamonds based in Kansas City, Missouri. He assumed this position in...
What Shoplifters Say about Stopping Shoplifting
With all the advances in security measures, FBI Crime Index statistics show shoplifting offenses were up 13.3 percent in 1999 compared to 15 years ago. This...
How EAS Source Tagging Rewrote Shrinkage History in the Music and Video Sector
History repeats itself until history is rewritten. For decades, prerecorded music and video products have been prone to high shrinkage. Whether it was the...
The View from the Top
EDITORS NOTE: Thomas Coughlin began his career as a store detective with Macys in California. After several years in various LP positions with Cook...