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.
Bill Strother had a problem. As director of corporate security for shopping center owner and developer of Weingarten Realty, his responsibilities extend to more than 400 properties, the majority of which are large open-air complexes.
The metal shutters or screens protect businesses from theft, say local business owners, but the Miami City Commissioner says they're an eyesore that deter pedestrian traffic.
The National Retail Federation’s ninth annual Organized Retail Crime (ORC) Survey found that 93.5 percent of retailers say they have been a victim of organized retail crime in the past year, down slightly from 96.0 percent in 2012.
In an effort to crack down on robberies at McDonald’s in Sydney, the company has hired a British security firm to install a system that sprays a “non-toxic solution with DNA Code” on would-be thieves on their way out the door of the fast-food outlets.
The bottom line may be Wrangler Jeans.
Just as security and business applications are blending together through technology, asset tracking, especially in retail, is fitting into enterprises as snug as a pair of blue jeans.