Protect Your Profits: Retail Theft On The Rise
The Global Financial Crisis has, much like the Great Depression, increased the potential for internal and external theft – resulting in approximately 3% of revenue loss for retailers. Read more…

Richard Hollinger: Workplace Dishonesty - Anticipatory employee theft and dishonesty
The retail industry continues to be particularly hard hit as both large and small businesses fail. Even those firms left standing announce plans daily to lay off thousands of employees just to stay economically viable. Richard Hollinger for Loss Prevention Magazine April 09. Read more…

Richard Hollinger: A call for more diversity in LP management
Richard Hollinger explores the changing nature of the Loss Prevention industry as it becomes increasingly liberalised to the greater American culture – where colour, race and background were breaking organisational barriers. Read more…

Richard Hollinger: The “R” Word and Its Likely Effects on Internal Theft
Workers in all types of industries seem to react in deviant or criminal manners against their employers when economic news is not positive. Richard Hollinger explores the ‘Recession’ word and its effect on Loss Prevention. Click here…

New Visual Technology Aids in Identifying and Reducing Organized Retail Crime, by David Speights
Organised retail crime, or ORC, the general term for mega-shoplifting, is a serious problem, no question. Sophisticated criminal enterprises continue to steal and stockpile stolen merchandise, and eventually resell the stolen goods for a handsome profit. According to a recent RILA report, the stolen merchandise is often returned to the store for cash—or sold to unwitting buyers through flea markets, swap meets, pawn shops and increasingly through Internet auction sites. Click here to continue reading…

Five Questions: Employee Communication in Recessionary Times
What are the expectations your customers have of you during the current economic times? When budgets are squeezed, what is your argument for maintaining awareness programs during these times? What unique values do you bring to your customers that allow them to justify doing business with your company? How has the buyer-vendor relationship changed with reverse auctions and purchasing involvement in the process? How do you measure the impact of an awareness program? Patricia Quinn gives her expert opinion, Click here…

How to Incorporate a Security Company in Your Loss Prevention Department
Loss prevention departments often utilize contract security companies to assist in their efforts to control shrink, prevent liability, and protect assets, including the most valued business asset, the employees. Why is this a good idea? Written by Eric D. Echols, Click here…

How retailers can stem shrinkage, Inside Retail
Inside Retailing Magazine: Rising unemployment and belt tightening spell the season for ‘sticky fingers’. How can retailers stem shrinkage? Read more...

Don’t leave your in-store cash there for the taking
The security of takings in a store are often overlooked, but cash thefts are on the rise in the current climate. Liz Morrell asks how the issue should be tackled. Read more...

Retail Loss Prevention - Thoughts for small-medium business owners
Stephen Bullen (Lowes-Manhattan), keynote speaker, loss prevention expert, and writer - contributes his advice for small-medium business owners. All retailers have the opportunity to add to their profits by reducing losses. Read more...