Articles Tagged with ''loss prevention''

The organized retail crime initiative helps to solve retail theft cases and more effectively target the upstream criminal enterprises fueling them.

The city's new public-private policing initiative will make surveillance feeds in participating businesses directly available to the Chattanooga Police Department.

The Illinois attorney general has formed a task force comprised of national, state, and local law enforcement as well as large retailers to assess and eliminate organized retail crime in the state.

Many security operations centers employ artificial intelligence and machine learning tools to detect advanced threats, however, reaching too high too quickly with technological solutions can leave security teams with unclear or inefficient workflows.

Round1 Entertainment, a multi-entertainment facility offering bowling, arcade games, billiards, karaoke and other activities in an indoor facility complex upgrades its video surveillance solution to deal with not only internal and external thefts, but injury claims as well. 

In a case of insider theft, federal prosecutors charged a former U.S. Golf Association employee with stealing more than $3.4 million in U.S. Open tickets, reselling them for a profit.

As a critical business, Associated Grocers of New England needed to continue distribution to independent grocer members as well as its own stores throughout New England and New York, while also managing increased freight and procurement demands into the facility during the beginning of the pandemic. The organization’s Risk Management and Loss Prevention teams stepped up to help.

There has been a growing trend of retail location shoplifting. Combine this with new laws and pandemic-related demand, and the security officer’s role as a deterrent becomes more challenging than ever. 

The Shangri-La Jeddah in Saudi Arabia has appointed Suhail Al-Ghamdi as Director of Security for the hotel.

Just like about everything else in the world, the loss prevention/asset protection space has been hugely affected by the pandemic and the “traditional” threat landscape for security professionals in this area has evolved over the past year and half. Let’s take a look at pain points, best practices and COVID-19’s impact on loss prevention.