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Retail (3)
Retail Security Tips to Keep Customers and Staff Safe in Uncertain Times
Retail sales are up, but so are security concerns. As consumers continue to visit brick-and-mortar stores, retailers must add...
Why do Employees Steal? How to Minimize Opportunity and Motive
Unfortunately, dishonest associates impact the bottom line of nearly every business. Investigating and terminating an employe...
Retail Shrink and the Complexities of Known and Unknown Loss in 2022
Retailers have long struggled to minimize shrink. The term itself has been around for more than 150 years, but in that time, ...
Operations and Loss Prevention: Working Together to Reduce Shrink
While often thought of as two separate teams, retail operations and loss prevention (or asset protection) teams have signific...
How to Reduce Shrink by Flagging Sales Reducing Activities
As retailers search for new ways to engage with customers, they are also seeking new ways to detect formerly hidden losses. T...
Click-and-Collect Loss Prevention Best Practices
Buy Online Pickup In-Store (BOPIS), curbside pickup, and automated lockers make it convenient for customers to get what they ...
How to Survive the Retail Labor Shortage
Retailers are facing more labor and stock challenges than ever. As stores continue to monitor the supply chain to keep store ...
Loss Prevention as Data Experts? Supporting Total Retail Loss
In the past, companies depended on LP to have a keen eye for theft and behavior patterns. LP professionals are seasoned data ...
How Retailers can Uncover Operational Shrink Impacting Profit Margins
Operational shrink, including losses caused by systemic issues and poor promotion execution, is more common and costly than f...
5 Gaps in your Retail Loss Prevention Strategy
Loss prevention shrinkage has cost the retail industry nearly $62 billion in 2020 alone, an all-time high. These losses can b...
How to Identify and Handle Shoplifters in your Retail Stores
The prevention, detection, and management of shoplifting is an integral aspect of running a retail business. Long gone are th...
Fighting Chargeback Fraud: Is there such a thing as Friendly Fraud?
Retailers are making it easier to return online purchases, issuing refunds before they receive the return goods. This policy ...Subscribe to our blog
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