One of the oldest discussions in the LP World over the years is whether it pays to apprehend shoplifters or not.  As with most decisions made by retailers, is there a sufficient ROI to the program to make it a part of the business? Recently, I was talking to a friend who works for a major department store.  He mentioned they were backing off apprehensions and moving to more auditing and increased focus on internal theft. ROI can be a difficult standard to show here to justify the program.  In most cases, the......

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Loss prevention Techniques to Curb Shoplifting Most merchants take only basic precautions to lessen the instances of theft in their stores.  They think just training their employees and installing surveillance systems can help them combat such serious issue. However, these two steps are not enough. There is still room for more. The article discusses a few loss prevention techniques that can help you keep the thieves at bay. Make arrangements for constant video surveillance In the morning, in the hustle of opening the store and setting the things, many merchants forget to......

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Formation of Assumptive Questions to ask ORC Suspects… We are pleased to post a guest blog article by Eric Mizner Sr., currently an Asset and Protection Mgr for KMart. Formation of Assumptive Questions to ask ORC Suspects When you apprehend a booster it is important to ask the right set of questions. Remember that more often than not the booster is the lowest man on the organizational chart. Like a narcotics officer who is not as interested in “the man who has a bag of pot” – He is after the man......

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Loss prevention Practices: Internal & External Theft and Administrative errors… Inventory shrinkage is not acceptable in any condition. It causes losses in your business as a result of which you have to face many issues. Due to this, you annual budget shrinks and so are the plans for your growth. To combat the problem, the store owner needs a loss prevention plan that focuses on identifying the causes of inventory shrinkage. Let’s peek in a few significant loss prevention practices that you can comply to: Putting a stop to employee theft Whether......

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