LP 101

How to Improve Case Resolution Rates in Retail

When a shoplifting incident occurs, the clock starts ticking. Every minute counts in solving the case and preventing future losses. But what exactly determines how quickly and effectively these cases…

Estes Robbery: When Shoplifting Turns Violent

A shoplifting incident can quickly turn dangerous, transforming a misdemeanor into a serious felony. This scenario, known as an Estes Robbery, poses significant risks to retail employees and loss prevention…

Employee Body Cameras: Balancing Security and Privacy

Workplace safety and accountability have become essential priorities across industries, prompting businesses to adopt innovative tools to address these needs. One such tool is employee body cameras, which, while traditionally…

Source Tagging Technology in Loss Prevention Explained

Retail theft and inventory management have long been challenges for businesses. Source tagging technology—where security tags or labels are embedded at the point of manufacture or distribution—helps address these issues…

Pressure to Reduce Shrinking: A Challenge for Modern Retailers

Shrinkage remains a significant concern for retailers worldwide, impacting profits and operational efficiency. From shoplifting to administrative errors, the cumulative effect of shrinkage pressures businesses to find effective solutions. Understanding…

The Role of Audit Scheduling in Loss Prevention and Compliance

Regular audits play a crucial role in loss prevention, compliance, and operational efficiency. Whether it's ensuring inventory accuracy, verifying safety procedures, or tracking regulatory compliance, audits provide essential oversight. However,…

Swell Allowance: What Retailers Need to Know

Retailers are constantly managing inventory to balance customer demand with operational efficiency. But what happens when unsellable products accumulate due to damage, spoilage, or expiration? This is where swell allowances…

The Role of AI in Risk Prediction in Retail

Risk prediction has become a critical challenge for retail businesses. As global markets become more interconnected and unpredictable, traditional risk assessment methods are proving inadequate. Companies are increasingly seeking more…

Retail Store Operations Checklist: A Comprehensive Guide

Running a successful retail store requires attention to detail and consistent execution of daily tasks. A well-structured operations checklist can help store owners and managers maintain efficiency, ensure customer satisfaction,…

Warehouse Loss Prevention: Best Strategies for Streamlined Operations

Efficient inventory management, robust security measures, employee training, and advanced technology integration—these are the cornerstones of effective warehouse loss prevention. For companies, reducing shrinkage means protecting profit margins, enhancing operational…

Loss Prevention Incident Reporting for Effective Results

With thefts and security breaches on the rise, robust loss prevention incident reporting becomes essential to enhance your security strategy. By meticulously documenting each incident, retail managers, loss prevention teams,…

Retail Risk Management: Top 8 Threats and Strategies

Retail businesses face numerous retail risks that can impact their operations, profitability, and reputation. This article outlines the top eight threats in retail and provides strategies to manage them effectively.

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