Articles by tag: retail crime

Mob-led Theft is Costing the Retail Industry Billions. We Need More Than Just Store Security to Stop It.

mob-led theft

Target has announced the closure of nine stores across California, Oregon, Washington, and New York, due to a surge in thefts and organized retail crime. And its shoplifting concerns are being echoed by other retailers: Whole Foods and Ulta Beauty are among the several businesses that have reported rising theft, while Nordstrom recently closed […]

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Can Businesses Prevent Retail Theft Without Hurting Their Customer Experience? Here’s What’s Working.

Last year, retail theft caused businesses to lose a staggering $112.1 billion. Released by the National Retail Federation, these findings indicate a 19.4% increase compared to the previous year. From brands like H&M announcing enhanced anti-shoplifting measures to Target closing nine stores, retail theft is having serious repercussions on retailers and shoppers. Is there […]

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A Sound Loss Prevention and Asset Protection Strategy Could Mitigate the Rise in Retail Crime

A spike in retail crime and the changing dynamics of the city were two reasons cited for the permanent closure of the iconic San Francisco Centre Nordstrom store, a staple for over three decades. Chief Stores Officer Jamie Nordstrom had previously alerted employees about the company’s decision not to renew its lease, citing the […]

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How Leveraging Social Media Investigations Can Detect and Resolve Crimes

Dave Mozden, a board member of the International Supply Chain Protection Organization (ISCPO) and consultant with Sendero Solutions Group, discussed at the ISCPO 2023 Conference how leveraging social media can detect and resolve crimes.  Social media has become a gray market platform for the movement of illicit goods. Organized retail crime has now become organized […]

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Target Was the Target of Retail Thieves in 2022, And It Cost The Company Millions

Target’s recent quarterly earnings were unfortunately lackluster all-around, missing quarterly expectations with a profit margin of 3.9%, lower than its 5.35% estimates. Consumers’ dwindling confidence and tightening pocketbooks are likely to blame for a slow down in revenue for the retail giant; chairman and CEO of Target blamed “meaningfully” lower sales and profit margins […]

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sustainable building practices
Galvanized Steel Leads the Way in Sustainable Building Practices From Cost Savings to Environmental Benefits
April 22, 2024

As the construction industry navigates the complexities of sustainability and economic pressures, the role of galvanized steel has become increasingly pertinent in sustainable architecture. This material, celebrated for its durability and low environmental impact, is gaining attention amid global steel market fluctuations and rising demands for sustainable building practices. With significant shifts in manufacturing […]

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Edge AI
The Winning Combination in Edge AI is Combining Cutting-Edge Hardware with Smart Software
April 22, 2024

As the world heads towards a technology-driven future, the integration of AI and edge computing is proving to be a game changer, particularly in the realm of IoT. These innovations are making it possible to process and analyze data where it’s collected, drastically reducing latency and enhancing real-time decision-making capabilities. The burgeoning field of […]

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cloud environments
Rethink Everything: Modern Cloud Environments Demand a Fusion of New Security Architectures, Continuous Education and Educated Partnerships
April 22, 2024

As businesses increasingly transition to cloud environments, the conversation around cybersecurity has become more crucial. The shift from on-premise to cloud-based infrastructures offers notable benefits like scalability and cost savings, yet it introduces unique challenges and complexities in security management. The stakes are high, with a significant rise in cyber threats exploiting the vulnerabilities […]

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Bullying, Suicide, and Society The Unseen Crisis in K-12 Education
April 22, 2024

In a recent episode of the Secured podcast hosted by Mike Matranga and Mike Monsive of ASAP Security Services, the tragic case of a transgender student named Nicks Benedict from Oklahoma grabbed national attention. Benedict, a 16-year-old who identified with he and they pronouns, died by suicide after a bullying incident at school. The […]

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