Crime Is Moving from Street to Store. Here’s What Retailers Need to Do.
The NYPD hosted a conference of the Metro Retail Crime Alliance in April, bringing together academics, law enforcement, and loss prevention representatives from several major retailers. Addressing...
View ArticleDay 2 of the 2018 NRF PROTECT Loss Prevention Conference and Expo
Day two of the NRF PROTECT Loss Prevention Conference and Expo began with opening remarks from Dan Faketty, vice president of asset protection for Southeastern Grocers and chairman of the NRF Loss...
View ArticleControlling Retail Shrink in Stores with No Loss Prevention
A question frequently asked by retail customers—and even some loss prevention professionals just getting started in their careers—involves many of the smaller stores where they shop, and how...
View ArticleSTUDY: Are Flea Market Products Stolen Goods?
In each edition of LP Magazine, the Loss Prevention Research Council (LPRC) team will feature a past LPRC or University of Florida (UF) study that typically includes the topic, research method,...
View ArticleShoplifting Penalties Rarely Benefit Retailers These Days
Most readers of the LPM Insider are pretty familiar with shoplifting, its definition, its negative impact on retail operations and profitability and the shoplifting penalties for their state. It would...
View ArticleBreaking News in the Industry: July 2, 2018
Shoplifting suspect who died in crash after fleeing police identified A shoplifting suspect who was fleeing from police died in a crash on Gap Road Thursday morning, according to Knoxville (KPD), in...
View ArticleBreaking News in the Industry: July 6, 2018
Man faces charges after retail theft, pursuit preceded officer-involved shooting This all began around 2 p.m. Thursday at the Kohl’s store on Golf Road in Delafield, Wisconsin. According to a criminal...
View ArticleHow to Sell Your Proposal to a Senior Loss Prevention Executive
“Great ideas are worthless unless they are put into practice.” Most, if not all, of us have experienced this maxim time and time again in our business careers. We have a brilliant plan that will...
View ArticleHow to Manage Inventory: Shrink Visibility
At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer’s bottom line. But retail shrink numbers are vulnerable to blind spots and imprecise...
View ArticleThe Blurring Lines between ORC and Cyber Crime
In 2003, the Loss Prevention Research Council (LPRC) worked on a three-year international research project with the University of Leicester, UK. The research was focused on the impact of organized...
View ArticleShoplifting Penalties Rarely Benefit Retailers These Days
Most readers of the LPM Insider are pretty familiar with shoplifting, its definition, its negative impact on retail operations and profitability and the shoplifting penalties for their state. It would...
View ArticleBreaking News in the Industry: July 2, 2018
Shoplifting suspect who died in crash after fleeing police identified A shoplifting suspect who was fleeing from police died in a crash on Gap Road Thursday morning, according to Knoxville (KPD), in...
View ArticleBreaking News in the Industry: July 6, 2018
Man faces charges after retail theft, pursuit preceded officer-involved shooting This all began around 2 p.m. Thursday at the Kohl’s store on Golf Road in Delafield, Wisconsin. According to a criminal...
View ArticleHow to Sell Your Proposal to a Senior Loss Prevention Executive
“Great ideas are worthless unless they are put into practice.” Most, if not all, of us have experienced this maxim time and time again in our business careers. We have a brilliant plan that will...
View ArticleHow to Manage Inventory: Shrink Visibility
At a time when store margins are under intense competitive pressure, retail shrink can make or break a retailer’s bottom line. But retail shrink numbers are vulnerable to blind spots and imprecise...
View ArticleWhat Is Organized Retail Crime?
Organized retail crime (ORC) involves the association of two or more persons engaged in illegally obtaining retail merchandise in substantial quantities through both theft and fraud as part of an...
View ArticlePeople on the Move: July 2018 Loss Prevention Personnel Transitions
Professional advancement and building a successful loss prevention career can mean many things to many different people. For some individuals, it may mean reaching a top leadership position at a...
View ArticleHow to Protect Your Cargo Logistics Network from Thieves
In most large-value cargo thefts occurring at stores, there are two key components: a store employee and a driver. The employee allows access to the goods, while the driver has the means to transport...
View ArticleWhat Is a Loss Prevention Manager?
What is a loss prevention manager? What might appear to be a fairly simple question now requires a much more complicated answer in a new age of retail where roles and responsibilities are changing on a...
View ArticleBreaking News in the Industry: July 18, 2018
Suspect drags LP associate through mall parking lot A Florida man was arrested on multiple charges after dragging a Dillard’s loss prevention associate from his car in the Melbourne Square Mall parking...
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