Tag: walmart global investigations
Beyond the Usual Inventory Shrinkage Definition: Total Retail Loss
There is little consensus on what constitutes “loss” within the retail world nor how it should be measured. The terms “shrinkage” and “shortage” have been loosely applied to encapsulate some of the areas that generate loss, but they are not terms enjoying a clear and agreed-upon definition across the sector.
The Lurking Costs of Cargo Theft
Cargo theft often is thought of as a silent and victimless crime, despite the fact that it accounts for losses of billions of dollars annually in the United States.
Working in Loss Prevention Alongside Law Enforcement: Can It Be Done?
For years, there have been those who have questioned whether retail loss prevention and law enforcement can effectively work in partnership with one another. Professionals working in loss prevention have often felt that law enforcement was unconcerned about helping them with their business.
Case Preparation: The Key to Successful Shoplifter Prosecutions
The loss prevention associate finally caught them red-handed. For three months, he had been trying to catch these shoplifters in the act. This time,...
Solving Access-Control Challenges by Engaging with Retailers
Our products are commonly used by retailers to help prevent shoplifting by helping control how customers exit stores, to help deter internal theft at receiving back-room doors, and to help prevent burglaries when stores or distribution centers are closed.
Access Control and the Case of the Missing Camera
When I first approached this writing assignment on access controls, I brainstormed the usual items on the topic. I realized quickly that a 3,000-word...
