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December 10, 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.





FRIDAY FOCUS
Coming next Friday
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.


 




 


 




Public Service Announcement

The NRF's Crowd Control Mgt. Guidelines

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

 


 


 




 


 

TJX is shuttering its A.J. Wright stores and cutting 4,400 jobs, closing 71 stores, closing 2 distribution centers, and converting the rest to other brands.  (Source Associated Press)

Do-it-Yourself hacking tool released by hackers to the public so anyone can attack companies that don't support WikiLeaks and now PayPal is under attack by hackers!  Meanwhile, Dutch authorities arrest a 16-year-old for attacking MasterCard and Visa who confessed to the attack.  Great Read!  (Source cnn.com)

Dallas-Fort Worth "wide-spread" credit card fraud ring arrested yesterday with over 6,500 instances of identity theft and counterfeit cards being used.  (Source athensreview.com)

Equifax to pay $1 million for improperly handling an identity theft report.  (Source courthousenews.com)

7-11 to buy 183 Exxon sites in Florida.  (Source  supermarketnews.com)

A 20-year-old Burger King employee in Detroit punches 67-year-old man who fell and later died.  (Source Associated Press)

Retailer Genesco's website was attacked by a hacker today and they are investigating.  (Source Associated Press)F

Former employee of WikiLeaks is launching a new whistleblower site this coming Monday called "Openleaks." (Source Associated Press)

The Federal education officials have found Virginia Tech broke the law when it waited 2 hours to warn the campus that a gunman was on the loose in 2007 when 30 students and faculty were killed.  Corporate response times in these types of incidents will be scrutinized by prosecutors in the future.  (Source Associated Press)

 

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

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eBay Supported Investigation Leads to Arrest in Million Dollar Equipment Theft

eBay Asset Protection investigators provided extensive eBay & PayPal records supporting the Massachusetts US Attorney's office into federal investigation of employee theft at EMC Computer Data Storage Company. Federal prosecutors charged two men with stealing more than $1 million in high-tech equipment from EMC facilities and trying to sell it over the Internet. Prosecutors charged Kevin Kelly, 33, of North Carolina, and Mark Rothfuss, 47, of Brockton, Mass., as well as a company known as BL Trading LLC of Hanover, Mass., with wire fraud and selling, receiving or transporting stolen property in interstate commerce. Kelly was also charged with aggravated identity theft. The arrested suspects used multiple identities and alias, including names of former colleagues in their attempt to sell the stolen computer equipment. This investigation was coordinated and conducted by the U.S. Immigration and Customs Enforcement and Office of Homeland Security Investigations. Brockton Post article. Computer World UK article.

For further information on PROACT email inquiries to; PROACT@eBay.com

eBay Direct - Click Here
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Barry Grant, Senior Vice President Loss Prevention & Operational Support, CPI Corp.

About CPI Corp., the leading portrait studio operator in North America with over 3,100 locations, principally in Sears and Wal-Mart stores.


Going Beyond the Traditional


With a BA Degree in Criminal Justice, Barry started his career at J.C. Penney as an LP Officer and joined AutoZone in 1993 as a District Loss Prevention Associate and progressed rapidly to the Director of Loss Prevention position in 2000.  During those seven years, Barry was fortunate to hold and experience various positions in the field, Distribution, Recruiting, Training & Development, and the corporate office.  This early development gave him a wide prospective and enabled him early on to learn how the various functions fit together and added value to the overall LP effort and to the company. 

In 2002, Barry joined CVS Drug Stores as a Director of Loss Prevention where he was responsible for the Loss Prevention, Security, and Safety issues for over 4,100 locations.  This experience enabled him to gain exposure to the complicated Pharmaceuticals business and broadened his inventory control knowledge.  While working with Ernie Dyle, the former Vice President of Loss Prevention for CVS Drug Stores, Barry was able to focus on the various elements that drive a company's profitability and learned how to manage and impact the financial statements which played an invaluable role in his next position.

In 2007, Barry joined CPI Corp, North America's largest Portrait Studio operator with over 3,100 locations, as their first Director of Loss Prevention.  From the very beginning, Barry knew that in order to truly make an impact and drive value, he had to go beyond the traditional approach and broaden his role to more of a "Profit Enhancement" model that looked at loss globally and went beyond the traditional shrinkage definitions.  While certainly they had theft as any other retailer does, their exposures were limited and the team he put together was able to quickly reach exceptional traditional shrinkage results.  From the beginning, Barry took a holistic approach and, in partnership with Operations and Finance, started looking at virtually every aspect of the business that represented an expense line on the P&L and started his journey of improving each line by looking at the controls and operating efficiencies from long distance phone bills, labor control and time clock utilization, shipping expenses, individual store expenses, and cost of goods.  Barry took the opportunity to get involved in the business and improve profitability on his own and without being asked.  This Loss Prevention executive saw a void and grabbed it and consequently was recently promoted to the Senior Vice President position he now holds. 

When Barry was hired at CPI, his boss told him they wanted someone with a strong entrepreneurial spirit and Barry, using everything he had learned in his 20 years of experience, took the matrix and investigative principals he had used in LP and applied them to every element of the business he was touching and made an impact. 

Barry's advice is simple actually; understand how to read financial statements, learn to manage your budget well, hold your team accountable, hit your numbers, use those same principals with anything you manage, and practice good common sense.  He talks about the need to be extremely flexible and points out how he moved 7 times in 9 years early in his career to get the exposure he needed.  Barry believes that to truly be successful, you've got to be willing to take on new responsibilities and learn how to pick and choose your battles.  And just as important you've got to be able to put a positive spin on everything you do because at the end of the day you have to sell them on it.

Barry's success at CPI shows how an LP executive can take a role and expand it beyond the traditional definition.  He's a great example and role model for any young LP executive and especially those that truly have a desire, a dream to go beyond.  And after knowing him for over 20 years, we can also say he's an absolute gentleman as well.

Great job leading the way Barry.

Share Your Thoughts

 

Job Opening

Company

Location

Origination

National Account Sales Mgr Confidential New York City, NY Downing & Downing

District Loss Prevention Mgr

Sears Holdings Corp.

Boston, MA/Nashua, NH

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 Los Angeles, CA Downing & Downing
District Loss Prevention Mgr Confidential New York City, NY Downing & Downing

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

Job Opening

Company

Location

Origination

Store LP and Safety Mgr Lowes Companies, Inc. Sterling, VA LPJobs
Store LP and Safety Mgr Lowes Companies, Inc. Brown Deer, WI LPJobs
Loss Prevention Mgr Sears Holdings Corp Greensboro, NC Indeed
LP Mgr Distribution Ctr (corporate office) Patterson, CA Indeed
Regional Loss Prevention Mgr Barnes & Noble Chicago, IL Monster/HotJobs
 

None to report

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Networking has always been a key to career development and finding that next job.  However, if you're not careful it can also limit you, eliminate you and even work against you.  If your network is comprised of executives doing exactly what you do, then you may have competition and may even find some working against you.  You've got to broaden and expand your network outside your immediate group and establish relationships outside your company and your professional circle.  Remembering that quantity is no substitute for quality and, as in any mutually beneficial relationship, what you bring to the table for them is as important as what they bring to the table for you.

Good Luck
Gus Downing 

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