Tag: Loss Prevention Academy


I would want you to ask yourself these questions as it is paramount to our discussion: What is organized retail crime? What impact does it have on retailers? I would elaborate on the questions as well as pointing out solutions to the menace.   Organized Retail Crime (ORC) Organized retail crime is merely the purchasing of stolen goods to resell at a higher price or move large amounts of merchandise to a “middle man” who resells it to the community.  Often, ORC merchandise is re-entered into the logistics chain to be re-worked......

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It is generally accepted that smartphones are playing a significant role in the transformation of the retail industry, but the real picture of the story indicates that smart stores are fundamentally changing both retail stores as well as shopping experiences of the consumers. Amazon is one of the best in class brands in the market today. It is outperforming all other benchmark brands by reducing the friction in the journey and staying at the forefront of continuous market innovation. Amazon is continuously connecting with modern consumer market and proposing a challenge to......

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Retail Loss is probably the worst of all theft types in the country. Retail loss prevention is an attractive but less explored proposition till date. Each year, retailers suffer sizeable losses due to theft and other types of injuries. To this day, the problem continues and doesn’t seem to end anytime soon until more technology, and employee training is incorporated into the retail industry. From small neighborhood stores to shopping marts, retail loss commonly occurs everywhere. However, retailers can overcome these losses to a good degree by incorporating cutting edge technologies and......

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Whether you run a business or a store, preventing it from thefts and losses is your prime responsibility. There have been cases where even the most secure premises can get robbed, often by own employees. This is where the need for loss prevention becomes an absolute necessity. To identify the culprit, you start interviewing employees to make sure not to nominate the innocent. However, this type of interviewing is becoming increasingly difficult as business crime rate goes at an all-time high. Here, you’ll learn a few tricks that’ll make your workplace interrogation......

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