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restaurant theft

Restaurant Theft: The 5 Most Common Methods

Given that restaurants operate on incredibly narrow margins, it is important to identify and reduce the opportunities for employee theft. Here are five common ways in which dishonest employees steal from restaurant owners and customers.
on-shelf availability

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 they had sold out of strawberries.
employee theft statistics

Analyzing Employee Theft Statistics from a Specialty Retailer

When I was a doctoral graduate student at the University of Minnesota during the late 1970s, I began conducting research on employee theft. At...
Shrinkage Control, in-store audit

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...
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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...
Redefining 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...

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...
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...

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...
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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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