Not long ago, retail loss prevention was focused on catching shoplifters. But over the course of the last couple decades, the profession has evolved along with the entire industry. Effectively countering cyber crime, organized retail crime, workplace violence and other increasingly complex threats means loss prevention executives are more than a physical presence in a [...]
Earlier this month, we introduced our series on the evolving careers of retail loss prevention leaders, asking Dan Faketty of Winn-Dixie to share his career story. To get another perspective for our second installment, we asked the same of another stand-out leader from our LP Advisory Council, Keith White. White is the senior vice president of loss [...]
As we’ve been talking about all week here on the blog, the retail industry offers some unique and fascinating careers. With our Loss Prevention Conference and EXPO coming up in June, we decided to talk to some of our Loss Prevention Advisory Council leaders for a three-part blog series on the evolving careers of LP leaders. We’ll cover three [...]
March marked a symbolic victory for sales tax fairness advocates after the Marketplace Fairness Act amendment was approved in the Senate just before the spring recess. The 75-24 vote attached non binding language to the federal budget resolution giving states the right to require online sellers to collect sales tax the same as local brick-and-mortar stores. On [...]
Dealing with everything from shoplifting to extreme weather, the retail loss prevention profession requires constant vigilance in order to protect employees, customers and assets. While the range of threats is far-reaching, a few continuing and evolving trends are shaping the industry in profound ways. To explain the retail loss prevention landscape, we asked Rosamaria Sostilio, [...]
Early last week Hurricane Sandy struck communities along the East Coast, impacting the lives of people from Florida to Maine. Thousands of homes and businesses were flooded and many of them totally destroyed with millions of people left without power, heat, gasoline, food and clothing. Many people have perished and countless others are struggling to survive [...]
When it comes to looking at retail crime by the numbers, the statistics are staggering. Shrink – the loss of inventory due to employee theft, shoplifting, paperwork errors, or supplier fraud – cost retailers more than $34 billion in 2011, or more than 1.4% of their total sales, with shoplifting accounting for 35% of those [...]
John Sileo is one of the nation’s top experts on identity theft, but his expertise didn’t come easy. Sileo experienced the impact of identity theft first-hand, making him uniquely qualified to help others avoid similar experiences. Sileo is now president of The Sileo Group, which helps organizations minimize the risk of corporate data theft, and [...]
Last night was not just another night at the movies for citizens in Aurora, Colorado. Police have the suspect in custody that opened fire in a crowded movie theater, leaving at least 12 dead and dozens more wounded. This event underscores the unpredictability of where and when these incidents can occur, and that it’s imperative [...]
As states across the country did the best they could to beat the sweltering heat, NRF was hot on the heels of public policy in June. A push for sales tax fairness kicked into high gear with NRF President and CEO Matthew Shay making the case e-fairness in Chicago followed by a Retail Means Jobs [...]