LP Magazine

JUL-AUG 2019

LP magazine publishes articles for loss prevention, asset protection, and retail professionals covering shrinkage, investigations, shoplifting, internal theft, fraud, technology, best practices, and career development.

Issue link: http://digital.lpportal.com/i/1146652

Contents of this Issue


Page 69 of 76

CALENDAR Organized Retail Crime (ORC) Continues to Increase. Losses from ORC are reported to be over $30 billion annually, with almost 100 percent of retailers acknowledging they have been a victim of ORC activity in the past twelve months. These thieves work diligently to commit their theft of popular items such as over-the-counter medicines, razors, batteries, tools, cell phones, and designer clothing. It is common for them to work in teams, employ distraction techniques, and use booster-bags to circumvent anti-shoplifting systems. Employee Theft The following employee theft issues were cited in the recent report. Less Effective or Reduced Pre-Employment Screening Requirements. More restrictions on various types of pre-employment screening has resulted in the hiring of less-than-desirable associates. In addition, some retailers have reduced their pre-screening requirements in an effort to save money and staff locations more quickly. Less Supervision of Associates and Fewer Associates. Overall opportunities for dishonest associates to commit acts of theft/abuse with less chance of detection has increased with reductions in staff and supervisors. Stolen Merchandise Is Easy to Sell to Larger Audiences. Dishonest employees have found that selling stolen items through various online auction sites or having a friend or family member return the stolen goods for a merchandise credit or gift card (which they sell to a second party) results in quicker sales and much higher prices. A General Decline in Honesty. On a regular basis we hear of business, government, law enforcement, celebrities, sports figures, and even church leaders being caught up in questionable activities. Such events make it easier for "borderline" employees to rationalize their theft acts. A link to the full report is available on the magazine website, LossPreventionMedia.com. Search "2018 Hayes survey." July 16, 2019 Cyber Security Summit: DC Metro Ritz-Carlton, Tysons Corner McLean, VA cybersecuritysummit.com July 18, 2019 Cyber Security Summit: Seattle Sheraton Grand Seattle (WA) cybersecuritysummit.com August 4–7, 2019 Restaurant Loss Prevention & Security Association RLPSA Annual Conference Renaissance Downtown Nashville (TN) rlpsaannualconference.com August 12–15, 2019 Axis Retail Leadership Forum Westin Bellevue Hotel Seattle, WA axis-communications.com/arlf2019 August 22, 2019 GROC Retail Crime Conference Cobb Galleria Atlanta, GA georgiaroc.org August 27, 2019 Cyber Security Summit: Chicago Hyatt Recency Chicago (IL) cybersecuritysummit.com September 8–12, 2019 ASIS International GSX Global Security Exchange McCormick Place Chicago (IL) gsx.org September 10–11, 2019 North American Supply Chain Executive Summit The Westin Chicago (IL) North Shore sci-summit.com September 24, 2019 Retail Council of Canada RETAIL SECURE 2019 International Centre Mississauga, ON rcclpconference.ca September 25, 2019 Cyber Security Summit: Charlotte The Westin Charlotte (NC) cybersecuritysummit.com September 30–October 2, 2019 Loss Prevention Research Council IMPACT 2019 University of Florida, Gainesville lpresearch.org/impact October 10, 2019 Cyber Security Summit: New York Grand Hyatt New York cybersummitusa.com October 17, 2019 Cyber Security Summit: Scottsdale Hilton Scottsdale (AZ) Resort & Villas cybersummitusa.com October 21–23, 2019 Consumer Returns Management 2019 Hyatt Regency Austin (TX) consumerreturns.wbresearch.com October 23–25, 2019 LP Magazine Annual Meeting The Westin Hilton Head Island (SC) meeting@lpportal.com October 24, 2019 Carolinas Organized Retail Crime Alliance 2019 CORCA Conference Embassy Suites Hotel, Concord (NC) corca.org October 28–31, 2019 Coalition of Law Enforcement and Retail CLEAR 10th Annual Training Conference Bahia Resort Hotel, San Diego (CA) clearusa.org November 5–7, 2019 Florida Law Enforcement Property Recovery Unit FLEPRU Training Conference Rosen Plaza Hotel, Orlando (FL) flepru.org November 6, 2019 Cyber Security Summit: Boston The Westin Copley Place, Boston (MA) cybersummitusa.com November 21, 2019 Cyber Security Summit: Houston The Westin Houston (TX) Memorial City cybersummitusa.com December 5, 2019 Cyber Security Summit: Los Angeles The Beverly Hills (CA) Hilton cybersummitusa.com January 11–14, 2020 NRF 2020 Vision Retail's Big Show Jacob Javits Convention Center New York City nrfbigshow.nrf.com 69 LP MAGAZINE | JULY–AUGUST 2019

Articles in this issue

Links on this page

Archives of this issue

view archives of LP Magazine - JUL-AUG 2019