Browsing: theft

Loss prevention has entered the digital age. Some of the latest advancements to stop shoplifters are security cameras that can be monitored from a cell phone or home office, specialty tags to stop shoppers from buying garments with the intent of wearing them once and returning them, and tags that beep if a pin is tampered with, a lanyard is cut, or the thief tries to grab an item and run.

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Halting the ripple effect of losses reverberating throughout the retail organization requires consistent implementation of processes, as well as quick and complete follow-up.

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As new technologies evolve in the retail marketplace, retailers and consumers alike must adjust to new ideas and opportunities that have the potential to change the…

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It is said that, “What you can’t see won’t hurt you.” But in retail, nothing could be further from the truth. While loss prevention (LP) professionals…

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The most common type of return fraud is return of stolen merchandise. Wardrobing, the return of used non-defective merchandise, like special occasion apparel and certain electronics,…

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