Newsletter | July 19, 2012

07.19.2012 -- NextLP: Retailers Apprehend Over 1 Million Thieves; Cash Counting Saves Millions Annually

Retail Solutions Online Newsletter

Sponsored by: American Dynamics

In This Issue:

This Newsletter Is Sponsored By

 

From The Editor's Desk

Can You Put That LP Training Off?
By Matt Pillar, chief editor
The research says no, and that your current training program is probably out of date. As shrink caused by operational error grows, what's the LP professional's role?

Featured Integrated Solutions For Retailers Article

Weis Markets Uses IP Cameras To Aid Both AP And Ops
By Bob Johns, Integrated Solutions For Retailers
When a company grows to the size of Weis Markets, with over 160 locations and more than 18,000 employees, asset protection (AP) takes on an entirely new meaning. Just managing the various alarms and cameras deployed throughout the chain can be a challenge.

Weis Markets Uses IP Cameras To Aid Both AP And Ops

Guest Expert Series

The Underbanked, FIS Guest Series Part 2
By Jim Johnson, senior vice president, retail payments division, FIS
As the population of the U.S. soars past 300 million, the number of the underbanked also climbs. According to a recent Javelin Strategy & Research study, 15% of the U.S. population — 35 million people — is considered underbanked. Today’s underbanked is split fairly evenly among men (52%) and women (48%), but nearly half (45%) are Caucasian and more than one-third (36%) are between the ages of 18 and 24. Review Part 1 of this series here.

Featured LP Articles

Using Loss Prevention’s Tools To Achieve Results Across The Retail Organization
By Carlos Perez, vice president of product and marketing, Envysion
While it is clear that retailers realize the value of video as more than just a loss prevention tool, often the loss prevention team still owns the actual system. This presents an incredible opportunity for loss prevention teams, if they embrace a holistic, “profit champion” view of their role. This may force some out of their comfort zone, but those who can adjust have proven to be more valuable to their companies and are recognized and rewarded when they help deliver profit improvement.

Using Loss Prevention's Tools To Achieve Results Across The Retail Organization

Retailers Apprehend Over 1 Million Thieves
The 23rd annual retail theft survey by Jack L. Hayes International reports that shoplifters and dishonest employees stole over $7 billion from 23 major US retailers in 2010. These 23 surveyed retailers also apprehended over one million shoplifters and dishonest employees and recovered more than $148 million from them.

Retailers Apprehend Over 1 Million Thieves

Are You Ready For IP Video Surveillance?
Tyco Security Product’s senior product manager, Video Management Systems and Analytics, Dave Jackson talks to Erin Harris about the security and cost benefits of IP video surveillance. Jackson also advises retailers who may be interested in migrating to IP how to accomplish this even while they are still using their analog technologies.

Are You Ready For IP Video Surveillance?

The Proper Use Of Interview And Interrogation Techniques
Companies around the world are at risk of losing up to $3.5 trillion each year from occupation fraud and theft. This figure and other data from the 2012 Report to the Nations on Occupational Fraud and Abuse paint a clear picture of the challenges facing retail companies.

The Proper Use Of Interview And Interrogation Techniques

LP In The News

Gregg Smith, Senior Director Of LP For The Children's Place, Wins The Retail Equation's ‘Return To New Orleans For A Super Experience'
MOBOTIX Launches S14 FlexMount – The World's First Flexible Double Hemispheric Camera
IQinVision's New Mini Dome Series Has World's Smallest HD Megapixel Varifocal Lens
New Strain Of Zeus Malware Puts Retail At High Risk For Cybercrime
Honeywell Boosts Small-Business Security With Netaxs-123 Access Control Video Technology
Byerly Joins Diebold As Executive Vice President, Electronic Security
Tyco Retail Solutions Empowers Retailers To Derive Ongoing Value From EAS Investments
Edge Information Management Launches Paperless, Electronic I-9 Management System
Survey Finds U.S. Retailers Lost More Than $34 Billion To Theft In 2011
Checkpoint Systems' CheckView Introduces Retail Covert Kit In A Portable Solution
View more headlines

Get Connected!

 


Twitter LinkedIn
Twitter LinkedIn

 

Featured LP Content

Using Wireless To Stop The Stealing
The continued economic uncertainty in the United States is driving retailers to consider investments in new systems and processes to increase sales and reduce the cost of operations.

Top 5 Surveillance Trends Of 2012
When you're a business development manager, the art of prediction is somewhat implied by the title. You can only really develop a business if your predictions are true — or close to it, anyway.

Cash Counting Saves Millions Annually
As employee theft remains on the rise in the UK, Dave Lunn from Tellermate looks at the latest trends and considers whether the answer lies in new technology or a different approach by management.
Browse the content library

Featured LP Multimedia

Mobile Application Security
Mobile Application Security
Rick Hayes, senior principal consultant, and Karthik Rangarajan, principal consultant, at Dell SecureWorks talk to Erin Harris about the importance of preventing business logic flaws and what that means for your business. Specifically, they cover the vulnerabilities that are routinely overlooked during the Web application assessments. Hayes and Rangarajan also discuss how businesses can prevent or evaluate business logic flaws.

Industry Event

MRC Semi-Annual Platinum Meeting — Seattle

MRC Semi-Annual Platinum Meeting — Seattle

Our "Merchant-led" Seattle Platinum Meeting, October 1 to 3, will focus on in-depth group discussions and expert opinion sharing concerning future trends in the electronic payments and fraud sector. This unique panelist format will be highly interactive and will engage merchant members on the issues most vital to our industry. Keynote speakers include Avivah Litan, vice president and distinguished analyst from Gartner! Click on the banner to register and to see the latest agenda.

Free Magazine Subscription

 
For insight on how retailers can achieve critical business objectives by integrating leading-edge technology and operations solutions across the retail enterprise, subscribe to Integrated Solutions For Retailers magazine.