Businesses lost $30 billion a year to organized retail crime, according to The National Retail Federation. Several Cook County enterprises are teaming up to get crime data and investigation material out to retailers in seconds, not days.
Plato’s Closet puts a luxurious spin on the typical consignment store concept by offering brand-name, high-end clothing and accessories. In this cash-heavy, bargaining atmosphere, surveillance is at a premium.
How do you measure a proactive means of what can be done to mitigate the unique risks of retailing? On the front end; by setting the foundation through relevant, strong policies, clear procedures and guidelines, developing a policy/compliance/validation audit program focused in on physical security, loss prevention measures.
With malls turning into today’s town squares, complete with a community full of strollers, bands and holiday decorations, it’s not a place where hazards should intrude.
Back in the day, convenience stores were as convenient to robbers as to customers. It once was estimated by law enforcement officials that six percent of all robberies of businesses in the U.S. involved convenience stores.
What started out years ago as an informal way local retailers could share information on employees separated for a security-related reason to avoid hiring them elsewhere has turned into a viable third-party business.
Savvy, confident organized retail crime gangs -- who steal billions of dollars worth of merchandise each year only to sell that merchandise online or at brick-and-mortar or fencing locations – continue to test retailers.
Loss prevention is a difficult but rewarding career path. During a special ceremony under the banner of the National Retail Federation Loss Prevention (LP) Conference in June, winners of the 2013 Loss Prevention Awards were honored.