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November 16, 2010

Loss Prevention & Safety Recruiters Since 1983

Our Mission--To Educate, Inform, and Instill a Sense of Community
The LP industry's interactive daily e-mail column where YOU can make postings

News Brief Sponsored by WG Security Products, Inc.




Coming soon...
VENDOR SPOTLIGHT

Matt Steinfort
President & CEO, Envysion

Pat Quinn
Managing Director of
Creative Options,
a Protiviti Company


FRIDAY FOCUS
Barry Grant
Sr. VP LP & Operational Support
CPI Corp.

Jodie Murphy
Sr. Mgr. Investigations
Gap

Paul Jones
Head of Global
Asset Protection,
eBay, Inc.

LP Program Spotlight
eBay's PROACT Team



Know about an event we should feature here? Let us know.




Women in LP Caucus
Mentor Program
Register Here


February 1, 2011
NRF LP Professional Development Conference Call
2 PM Eastern



Save the dates!

Sunday, March 6-March 9, 2011

2011 Asset Protection Conference
Buena Vista Palace
Hotel & Spa
1900 Buena Vista Drive
Lake Buena Vista, FL 32830
For more information,
Click Here




 

Dan Patasnik was named Director of Loss Prevention for Swatch Group U.S.

Mike Tadros was named Director of Loss Prevention for Time Warner.

Burlington Coat Factory adds three more LP executives to their Assets Protection team bringing it to over a dozen new additions since Jim Connolly, SR. VP of Assets Protection, joined the organization.  This complete rebuild of their program is the first time Burlington Coat has so aggressively approached the effort and shrinkage.  In these economic times, it's great to see an organization so committed to the effort and making such an investment.  Certainly, the expectations are high and the next 12 months' performance will be interesting to see.  Best of luck to the team!

Target is actually winning the Toy price war this year beating Wal-Mart so far!  But it's early in the season and certainly Wal-Mart will respond.  (Source retailingtoday.com)

A Freehold, New Jersey, 23-year veteran police officer was charged with shoplifting at Home Depot on veterans day.  (Source courierpostonline.com)

BJ's again is said to be up for sale.  (Source supermarketnews)

U.S. Department of Commerce reports retail sales up 5.4% for October, which includes auto sales, and the NRF reported retail sales were up 2.6% excluding auto.  This may be a good holiday season all things considered.  (Source supermarketnews.com)

Urban Outfitters 3Q reports revenue up 13% with Urban up 11%, Anthropologie's up 14%, and Free People up 24%
Claire's Stores 3Q reports North American same store sales up 9.6% with net sales up 7.3%
Abercrombie & Fitch 3Q reports same store sales up 7% with domestic revenue up 8% and overall revenue up 18
Nordstrom 3Q reports same store sales up 5.8% with revenue up 11%
Dick's Sporting Goods 3Q reports same store sales up 5.1%
Saks 3Q reports same store sales up 5.7% with net sales up 9%
Home Depot 3Q reports same store sales up 1.5% with sales up 1.4%
Wal-Mart 3Q reports domestic same store sales down 1.3%, the 6th consecutive quarterly decline.  (Source Rueters)

EnvysionŽ, Inc., (www.envysion.com), the leading Managed Video as a Service (MVaaS) provider, today announced that ReTel Technologies, Inc. has developed a new set of services for Insight Marketplace, the innovative business solutions marketplace that leverages managed video to deliver services to Envysion customers. ReTel, an advanced video processing company, will provide analytic reporting services to Envysion customers.  Envysion Press Contact: 
Hayley Coxon, Envysion, Inc., 303.590.2374, hcoxon@envysion.com

Credit card bad debt is decreasing with statistics posted by five of the six biggest card companies mainly showed fewer balances being written off as uncollectible, and fewer card customers falling behind on their payments. Four of the six biggest issuers, included the largest, JPMorgan Chase & Co., reported their lowest levels of bad debt and late payments this year.  (Source Associated Press)

New Market Strategies International research shows the most fundamental change in economic outlook since the Great Depression is we now are in a "pay as you go, live within your means" world with 40% saying they've decreased using credit cards and 25% saying they're eliminating them altogether in the next 6 months.  (Source PRNewswire.com)

Collective Brands (Payless Shoesource) announces licensing agreement with Li & Fung Retailing to introduce their Stride Rite division to Greater China and Southeast Asia.  This Loss Prevention department, led by Jim Thomas, VP of LP and Internal Audit, has one of the best international LP models in the industry with Mexico and South America already developed and operating smoothly, in spite of all the inherent issues.  (Source PRNewswire.com)

Styles For Less Director of Loss Prevention, Lance Storm, having been there for 3-1/2 years, has produced record breaking shrinkage results for this 125-store chain and has accomplished it with only two LP executives.  Talk about doing more with less.  Congratulations Lance!

National Level Exercise (NLE) coming this May 2011, which will simulate a catastrophic earthquake and test crisis management and business continuity plans will encompass 8 Central U.S. Earthquake States.  More to follow.

TraceMyId.com survey shows the biggest risk for identity theft is purchasing an item from a website that you're unfamiliar with and motivated by the best price.   Purchasing from unknown, and potentially unprotected, sites can put consumers' credit, debit and other personal information at risk.  Over 50% of the consumers surveyed reported that their payment information is stored on at least one website, between one to three sites, or that they do not even know how many sites have their information stored.  Source and click here for their Holiday ID Theft Prevention Tips

The Great Cyberheist, how it all started one night in July 2003 in Manhattan with one NYPD detective and Albert Gonzalez, the original ATM fraudster that led the Secret Service to the Shadowcrew.com that was started by a part-time student in Arizona and a former mortgage broker in New Jersey that trafficked in databases of stolen card accounts and devices and posted tips on vulnerable banks and stores and effective e-mail scams.  Great Read!  (Source nytimes.com)

 

Return Fraud to cost Retailers $3.7 billion this Holiday Season (Source NRF Survey)
 

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Job Opening

Company

Location

Origination

Corporate LP Mgr HD Supply Orlando, FL HD Supply

District Loss Prevention Mgr

Sears Holdings Corp.

Boston, MA/Nashua, NH

Sears Holdings Corp.
District Loss Prevention Mgr Sears Holdings Corp. Charleston, SC Sears Holdings Corp.
Asset Protection Manager The Home Depot Phoenix, AZ The Home Depot
Asset Protection Manager The Home Depot Metro Northern NJ The Home Depot
Asset Protection Manager The Home Depot Sacramento, CA The Home Depot
Asset Protection Manager The Home Depot Salem, OR The Home Depot
Asset Protection Manager The Home Depot Detroit, MI The Home Depot
Director of Loss Prevention Confidential

California

Downing & Downing
Assistant VP Security Confidential

Southern CA

Downing & Downing
District Loss Prevention Mgr Confidential San Antonio, TX Downing & Downing

Today's Daily Job Postings from the Net - appearing today only

Job Opening

Company

Location

Origination

Dir, Health, Safety & Environmental
(link corrected, w/our apologies)
Barnes Group Cleveland, OH Indeed
Loss Prevention Mgr Sears Holdings Corp. Monroe, NC LPJobs
Loss Prevention Mgr Sears Holdings Corp. Milwaukee, WI LPJobs
Loss Prevention Mgr Sears Holdings Corp. Merrillville, IN LPJobs
Loss Prevention Mgr Sears Holdings Corp. Tuscaloosa, AL LPJobs
District LP Mgr Kmart Corporation Greenbelt, MD LPJobs
Loss Prevention Mgr Kmart Corporation Tinley Park, IL LPJobs
Store LP and Safety Mgr Lowes Companies, Inc. Loveland, CO LPJobs
ORT Manager Lowes Companies, Inc. Mooresville, NC LPJobs
Store LP and Safety Mgr Lowes Companies, Inc. Wenatchee, WA LPJobs
Store LP and Safety Mgr Lowes Companies, Inc. Longview, TX LPJobs

Asset Protection Mgr

The Home Depot Bronx, NY LPJobs
Environment, Health & Safety Spec Purolator Courier, Ltd. Quebec, Canada Workopolis
District Loss Prevention AJ Wright/TJX Co. Chicago, IL Monster
Loss Prevention Mgr Macy's Palouse Empire Moscow, ID Indeed
District 1 LP Mgr Kroger Co. Indianapolis, IN SimplyHired
 

Dan Patasnik was named Director of Loss Prevention for Swatch Group U.S.
Mike Tadros was named Director of Loss Prevention for Time Warner.
Lori Tobin named Regional Loss Prevention Manager for Burlington Coat Factory in the Northwest.
Katie Harper named Regional Loss Prevention Manager for Burlington Coat in the Southwest.
Joe Steffen named Regional Loss Prevention Manager for Burlington Coat Factory in Northern Calif.
Jason Bedsole has been named District Manager of Asset Protection at Polo Ralph Lauren.
Chris Hughes named EHS Supervisor for C&S Wholesalers.
Linda Masters named EHS Supervisor for C&S Wholesalers.

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While some may believe LP may be wearing too many hats, take a look at your counterpart in operations and ask them the same question, are they?  Retail has changed and everyone in it has expanded their responsibilities.  But expanding one's responsibilities is in actuality a good thing, because it forces growth and gets people out of their comfort zones and sometimes it's the only way people will grow.  The path of least resistance always leads to the least amount of effort and in these times there are no paths of least resistance.  So next time someone asks are we wearing too many hats, the answer should be Yes and thank God we have one to wear!

Good luck,
Gus Downing

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