Tag: tjx data breach


The Link Between On-Shelf Availability, Sales, and Loss

The Link Between On-Shelf Availability, Sales, and Loss

You are driving to work as a supermarket supply-chain manager. The hot weekend weather has continued, it’s a lovely Monday morning, yet you’re surprised when your boss calls so early. Agitated, he shares how he just discovered from the CEO that all stores were reporting a massive sales loss because   Read More


9 Necessary Practices for Successful Shrinkage Control

9 Necessary Practices for Successful Shrinkage Control

In the generally unyielding area of retail loss prevention, few US corporations have been highly successful in staunching the pervasive problem of inventory shrinkage—the problem that refuses to go away. This post highlights nine key shrinkage control approaches that could potentially save US retailing billions each year.

For retail loss prevention practitioners across   Read More


Breaking the Retail Shrinkage Life Cycle

Breaking the Retail Shrinkage Life Cycle

For those of who have been in the loss prevention business for a number of years, you are surely familiar with the retail shrinkage life cycle illustrated in Figure 1. No doubt some of the businesses you have worked in have been around it a number of times.

It is a   Read More


Redefining Inventory Shrinkage—Four New Buckets of Loss

Redefining Inventory Shrinkage—Four New Buckets of Loss

What does inventory shrinkage mean to you?

For most companies, the answer to this question would be obvious: a significant problem, and usually something that is getting worse, not better, despite unprecedented developments in technological solutions and growing loss prevention budgets.

Some retail companies across the globe are gleaming examples of how   Read More


2016 National Retail Security Survey Results Released

2016 National Retail Security Survey Results Released

Results from the 25th annual National Retail Security Survey (NRSS) were recently released at the National Retail Federation’s (NRF) PROTECT Conference, which was held in Philadelphia in June.

In his Academic Viewpoint column for the July-August 2016 issue of LP Magazine, Richard Hollinger, Ph.D., reveals a number of key findings from   Read More


ASDA’s Fresh Approach to Grocery Loss Prevention

ASDA’s Fresh Approach to Grocery Loss Prevention

Most parents understand the narrative of “bringing up baby”—the tiny first steps that, with nurturing and encouragement, turn into giant strides as the infant learns independence. When the parent is a retail behemoth with a reputation for uniformity, it is fair to assume that an old-school “one-size-fits-all” approach would become   Read More


2016 National Retail Security Survey Key Findings

The 2016 National Retail Security Survey (NRSS) based on 2015 data from retailers was released at the recent National Retail Federation (NRF) PROTECT Conference held in Philadelphia. Now in its twenty-fifth year, the NRSS continues to be the bellwether survey that retail loss prevention executives use to compare themselves to   Read More


The Search for New Asset Protection Technology Solutions

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 the director of asset protection strategic initiatives at Walmart, and still deeply involved in the search for effective asset protection technology solutions.

EDITOR: Tell us about your   Read More