Loss Prevention Foundation News

As retail crime continues to evolve in scope and sophistication, an increasing number of retailers are focused on protecting their staff by deploying advanced technologies and augmenting their teams with expert security monitoring. According to the latest NRF survey, a substantial 46% of retailers have responded to increased security needs by ramping up their reliance on third-party security solutions.  Security Operations Centre To help retail and restaurant chains discover how they can...

What should be done to stop organised retail crime (ORC)? That’s the big question for retail businesses nationwide, as widespread concerns about ORC have sparked a multitude of strategies spanning everything from state-of-the-art surveillance technology, to advocacy for new state and federal legislation, to products locked up within theft-prevention cases — and, in some extreme cases, even the decision to outright close certain brick-and-mortar locations. Retailers are spending mill...

ShotSpotter, Inc, a pioneer in precision policing technology solutions that enable law enforcement to more effectively respond to, investigate and deter crime, launches its ShotSpotter SiteSecure™ for Retail program to provide outdoor gunfire detection for retail chains and malls. ShotSpotter SiteSecure is a gunfire detection solution that alerts retail security personnel within seconds of a shooting incident around their stores and parking lots, protecting retail shoppers and associates...

Theft, fraud, and losses cost the retail industry $61.7 billion in 2019, according to the annual National Retail Security Survey conducted by the National Retail Federation, security executives reported a steep increase in incidences of shoplifting, organised retail crime, and employee theft over the year prior. The Loss Prevention Foundation (LPF), a pioneer in educating and certifying retail loss prevention and asset protection professionals, and ASIS International, the membership organisatio...