Breaking News in the Industry: April 30, 2018
Leader of organized Lego theft ring had $50K in stolen sets at home A Portland, Oregon, man was arrested for allegedly organizing a Lego theft ring and selling thousands of dollars in stolen toys...
View ArticleBreaking News in the Industry: May 4, 2018
Suspect steals $52.6K in designer merchandise from area stores An eagle-eyed loss prevention associate is being credited with stymieing an alleged professional shoplifter, with security camera footage...
View ArticleBreaking News in the Industry: May 9, 2018
Police shoot, kill man tied to shoplifting incident One person is dead after a midday police-involved shooting at a busy Orlando, Florida, shopping plaza. The shooting happened Monday at the Colonial...
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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...
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People on the Move: May 2018 Loss Prevention Personnel Transitions
Professional advancement and building a successful loss prevention career can mean many things to many different people. For some, it may mean reaching a top leadership position at a particular...
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Security at the Source
Manufacturer involvement in designing product protection is decades old, noted University of Florida research scientist Read Hayes, PhD, CPP. He remembers Walt Disney’s Buena Vista Pictures as being an...
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LPF Announces ORC Certificate Course Webinar Sponsored by Tyco Retail Solutions
The Loss Prevention Foundation (LPF) has recently announced an organized retail crime (ORC) certificate course webinar sponsored by Tyco Retail Solutions. WHAT: Loss Prevention Foundation – ORC...
View ArticleBreaking News in the Industry: May 21, 2018
Woman tracks stolen phone, leads police to 69 others Police are trying to pair nearly 70 cellphones with their rightful owners after they were apparently stolen during last weekend’s Shaky Beats...
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2018 Sensormatic Global Shrink Index Compares Shrink Rates Across 14 Countries
Tyco Retail Solutions has just released the industry’s most extensive study conducted in recent years, providing insights into the sources and impacts of global retail shrink. The Sensormatic® Global...
View ArticleBreaking News in the Industry: May 22, 2018
Store catches group on camera stuffing stolen items into their pants [Viral Video] A group of men in Texas were caught on camera stuffing more than $1,000 worth of clothes into their pants at a...
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The LP Revolution Starts with Analytics
Retailers have used data analytics for inventory and merchandising management for some time to help make smarter, better operational decisions. Loss prevention, however, has been slower to adopt data...
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New Problems, Fresh Opportunities—LP Readies to Rise to the Occasion
Sponsored by NRF PROTECT As retail undergoes broad transformation, it’s not surprising that loss prevention is embroiled in a sea change of its own. Bob Moraca With essential shrink challenges as...
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LPM Excellence Recognizes Cathy Langley, LPC, for Leadership
Excellence in Leadership Cathy Langley, LPC, Senior Director of Loss Prevention, Rite Aid “I don’t believe that leading in asset protection is much different than leading in other industries,” said...
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LPM Excellence Recognizes Louise Kadege for Partnerships
Excellence in Partnerships Louise Kadege, Managing Director, ORIS (United Kingdom) “The core objective of ORIS is to reduce risk in the retail sector through collaboration, education, and sharing best...
View ArticleBreaking News in the Industry: June 4, 2018
Lingerie purchases lead to employee’s prison term in $243K embezzlement case A former Apple employee’s penchant for Victoria’s Secret merchandise led to her arrest and conviction in a $243,000...
View ArticleNRF/University of Florida Survey Says Retail Shrink Decreased to $46.8...
Thefts, fraud and losses from other retail shrink decreased to $46.8 billion in 2017 from $48.9 billion the year before as shoplifting and organized retail crime continued to be the leading causes,...
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How NOT to Investigate Organized Retail Crime
According to the National Retail Federation’s (NRF) 2017 Organized Retail Crime Survey, over nine in 10 responding retailers said that they believe their companies to have been the victim of organized...
View ArticleBreaking News in the Industry: June 7, 2018
Retail loss ‘shrinks’ in 2017 Retailers are making progress when it comes to fighting criminal activity and lowering their shrink rates. Thefts, fraud and losses from other retail “shrink” decreased to...
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What Does a Loss Prevention Associate Do?
Loss prevention—also known as asset protection—is an ever-broadening, ever-growing field that has a lot to offer an entry-level job seeker. According to the Loss Prevention Foundation, the industry’s...
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Bob MacLea Honored as Newest Member of the NRF PROTECT Ring of Excellence
The National Retail Federation (NRF) PROTECT Conference’s Ring of Excellence Award recognizes pioneers in the retail loss prevention and asset protection community whose honor, integrity and character...
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