Viewing on a mobile device? click here for our mobile version

 

 

 

 

 


  

March 1, 2012 SUBSCRIBE

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

       

With cyber threats and breaches taking center stage the C-suite is now engaged more than ever in security While this is the major opinion at the RSA conference being held this week in San Francisco it parallels the attention they're now giving to how technology can play a critical role on earnings and shrinkage. Thus, security and loss prevention executives must understand how to communicate effectively with their bosses to not only explain the threats, and opportunities, but also to make the case for budget. (Source scmagazine.com)

The International Council of Shopping Centers reports 20 retailers were up 6.7% in February - biggest gain since June 2011 (Source cleveland.com)

Gap enters Central America Gap Inc. is expanding its footprint in Latin America. Leveraging its franchise model, the company has opened its first stores in Panamá and plans to introduce its brands to three additional Latin American countries: Colombia, Uruguay, and Peru. (Source retailingtoday.com)

West Virginia Mine Security Chief Gets 3 Years in Jail Prosecutors said that Stover, the security chief of the mine where 29 men died, required his team to watch for inspectors so they could alert mine workers when they arrived, despite being told that such alerts were illegal. He falsely denied that such a practice existed when questioned by authorities, they said. Stover was also convicted for obstructing the investigation into the disaster by ordering the disposal of thousands of pages of Massey security documents in a trash compactor, but the materials were recovered. Prosecutors had asked that Stover be sentenced to the maximum 25 years in prison citing the gravity of the case, far above federal sentencing guidelines that recommended a prison term of 33 months to 41 months. (Source insurancejournal.com)

More Than Half of Organizations Take Months Or Years to Discover a Breach, Verizon Says Over 90 percent of data breaches are the result of external attacks and almost 60 percent of organizations discovered them months or years later, Verizon said in a report released at the RSA security conference on Wednesday. (Source csoonline.com)

FBI Vows to Catch Insider Traders on Facebook and Skype The FBI has said it is closely watching social media sites, including Facebook and Twitter, as well as the Skype chat service, in order to catch insider traders. (Source csoonline.com)

Quarterly same store sales results

Pier 1 Imports 4thQ up 10.3% with revenue up 11.8%
Costco 2Q up 8% with net income up 13%
PetSmart 4Q up 5.5% with total sales up 8%
Collective Brands (Payless ShoeSource) up 1.7% with a net loss of $41.6 million and plans to close 475 stores (Source retailingtoday.com)
Liz Claiborne revenue down 2.6% with Juicy Couture down 15.4%, Lucky Brand's up 23.2%, Kate Spade's up 73.4%

February same store sales

Limited Brands up 8%
Target up 7%
Perfumania up 6.4%
Macy's up 4.6%
Gap up 4%
Stage Stores up 3.7%
Kohl's down 0.8%
Fred's down 0.7%
Cato down 5%

 
 








FRIDAY FOCUS
Doug Marker
Vice President
LP, Risk and Audit
Michael Stores, Inc.

Coming in February
Kelly Gorman
Vice President LP
PETCO



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




NRF 2011 ORC Survey

Executive Summary
Full Report 

Effective Crowd Management Guidelines

Education Awareness on Personal Safety
Full Report

Return Fraud Survey
Full Report

 





Watch for our article the day after each event!


2012
Asset Protection Conference


March 11-14, 2012
Hyatt Regency
New Orleans, LA


 





2012 Retail
Loss Prevention
Conference

x
September 12, 2012
International Centre

Contact
events@retailcouncil.org
 




2012 International Organization of Black Security Executives

Spring Conference
April 18-20
Chicago, IL

Click here
for more details.
 





 



Northern Michigan University, located in Michigan’s incredible Upper Peninsula, offers one of the only baccalaureate loss prevention management programs in the United States. It is offered completely online and accepts up to 92 transfer credits. An affordable investment into a dynamic and growing profession.

Learn more here
 

 


Retail Fraud 2012

Largest Retail Fraud & LP conference in Europe

Novotel West, London

April 19, 2012

Click here for details
.

 


 

Educating today for growth tomorrow

The objective of LPNN is to provide educational, recorded-live videos to the LP community that helps the LP executives from the single unit world all the way up to the corporate LP executives. LPNN also provides them with timely information and guidance that helps them with their jobs, their careers, and to help them with getting to know their various solution providers - their partners that allow them to build LP programs that deliver cost effective solutions that drive shrinkage down.

If you have an idea or thought about a future episode please feel free to contact us as we are constantly looking for material that can add value to the industry and can help foster the LP community.

Currently we have over 20 episodes in production and 10 scheduled to shoot over the next few months.


Episodes Coming Soon!

The NRF Leaders - Filmed during the NRF's Big Show in NYC in January. This three-part episode includes Rich Mellor, VP of LP for the NRF; Joe LaRocca - Senior Asset Protection Advisor for the NRF; and Gary Johnson, VP of LP for Vitamin Shoppe and current Chairperson for the LP Advisory Council for the NRF.

The IOBSE - Suni Shamapande, Div. Vice President Sears Full Line Stores, and President of the International Organization of Black Security Executives. In this short one-part episode filmed at the recent LAAORCA 3rd annual conference Suni talks about the upcoming IOBSE conference next month in Chicago which is hosted by Sears Holdings Corp. Suni talks about how one of the missions of the IOBSE is helping students who are interested in the criminal justice field and how they've truly prioritized educating and supporting these young people. Additionally Suni talks about the IOBSE's future plans and how they plan on increasing their role in the LP community.

LAAORCA Speakers - 5 episodes - With LAAORCA being the largest ORC event in the U.S., with fantastic support from the public law enforcement community and extremely well run, we feel there's great value for the LP community to hear the opening speakers themselves straight from the the nation's second largest city. These speakers speak to the need - the importance - and the critical times we face in the nation with the city budgets threatening reduced police coverage and assistance for the nations retailers. Hear them directly talk about the important role each LP executive plays in combating this national problem.

Leadership & Development Series

Bill Titus, VP of LP for Sears Holding's Corp., and former Chairperson for the NRF LP Advisory Council. "Building Best In Class LP Programs" In this three-part series Bill talks about his career, his accomplishments, and his ability to develop Loss Prevention programs that have delivered industry leading shrinkage results. He shares how he's integrated certain management philosophies into the fabric of his programs and how he's molded Loss Prevention executives to fit his successful LP models. This 35-minute interview broken down into three parts will give you a look inside how one of the leading LP executives of our time has been so successful.

Neil Watanabe, CFO Anna's Linens, "The Journey to CFO" In this three-part series Neil shares with us his secrets on how he navigated his way from store controller to Vice President of LP and all the way to Chief Financial Officer. His experience - tips - advice - logic - and grounded philosophy make it a great series to watch for any Loss Prevention executive that wants to hear how to get ahead in their career.

Tomorrow we'll be sharing information about two additional episodes - "The ORC Leaders Panel Discussion Series" - the first of its kind in history, where seven ORC Directors of major retailers come together to talk about this national issue. We'll also share information about our three-part series on "The LAAORCA Leaders" - all three of which are currently in the editing stages and will soon be released. Additionally we'll be sharing information about our two other episodes we've filmed. Stay Tuned as the LPNN brings the LP industry to you.
 

Solution Providers! Sponsor an episode

Get involved & help us bring this to life for the LP community.
Let's work together on "educating today for growth tomorrow."
 

Share Your Thoughts                  Sponsor this Section of the Daily


 

Excerpts from GAO-11-675:  Efforts to Combat Organized Retail Crime

The U.S. Government's Accountability Office report on ORC (June 2011) found the following, Part 2 of 3

What GAO Found

Emerging regional networks are facilitating information sharing among ORC stakeholders including retailers and law enforcement, but limitations were cited with the existing national database. Officials from all eight of the local law enforcement entities GAO interviewed have, with retail partners, established regional networks in recent years to facilitate information sharing among stakeholders and identify linkages between connected retail theft cases. A national database, which was created by the retail community with input provided by the FBI based on a legislative mandate, also exists to share ORC information. However, all five retailers GAO interviewed reported concerns related to the database’s functionality, such as missing analytics to help retailers or law enforcement identify trends. In April 2011, the system was acquired by a company with experience managing large information-sharing databases in several major industries. According to the owner, when the new system becomes operational in the summer of 2011, it will include a series of enhancements intended to address the key concerns identified. It is too soon to tell to what extent retailers will expend resources to utilize an enhanced national ORC database. (Source gao.gov)

Tomorrow Part 3 of What the GAO found doing the study.
 

The $6.4 million San Diego - "Box Stuffer Crew" Update - Three of the five suspects plead out.
With the ring leader getting eight years and two other getting 5 to 7 years in prison. Two other gang members remain scheduled for trial. Thanks to Detective Dave Iorillo for providing this information. For the details make sure you watch the LPNN's segment with Detective Iorillo talking about how they hit a store and what advice he has for the LP Managers out there in the stores.


The LP News Network

educating today for growth tomorrow


Detective Dave Iorillo and Jake Wilson -
"Box Stuffer Crew" bust

Group of possibly 5 young individuals working together hit a Wal-Mart store in Rochester. A group of at least three individuals were stopped Wednesday afternoon after allegedly working together to shoplift from Wal-Mart in an incident leading to one arrest, so far. With possibly two more suspects involved, the Police Chief said the incident is unique among shoplifting incidents due to the number of people allegedly involved. (Source fosters.com)

Three men hitting Home Depot stores in New York charged with organized retail theft. Three New York men face larceny charges in connection to the theft of nearly $2,000 worth of electrical wire from Home Depot, police said. The same men may have been involved in a similar theft at the Home Depot in Norwalk. Both incidents occurred on Tuesday. (Source patch.com)



ORC ring apprehended called "serial shoplifters" and travels from Vermont to Massachusetts hitting stores. Teri Fowler and Daniel Wainwright have been arrested in connection with several thefts. Police say the pair shoplifted from a Bennington Wal-Mart and were about to steal a cart of groceries from Price Chopper when they were apprehended and had a list of stores they hit. (Source wnyt.com)

 

Do you have an ORC case to share? Publishing it educates the LP & retail community which might fuel even more jobs and funding.
Share your ORC news and help the industry grow


Job Opening


Company


Location


Origination
 

Account Program Coordinator Vector Security Northern New Jersey Vector Security
Zone Asset Protection Mgr 7-Eleven, Inc Multiple 7-Eleven, Inc
Zone AP Specialist 7-Eleven, Inc Multiple 7-Eleven, Inc
Asset Protection Manager Walmart Multiple Walmart
Director of Asset Protection Saks Fifth Avenue New York, NY Saks Fifth Avenue
Exec Team Leader - AP Target New Mexico Target
Exec Team Leader - AP Target Albuquerque, NM Target

Director of Loss Prevention

Confidential

Midwest

Downing & Downing

National Account Sales Mgr

Confidential

Chicago, IL

Downing & Downing

Asset Protection Manager

The Home Depot

Phoenix, AZ

The Home Depot

Asset Protection Manager The Home Depot Metro Northern > The Home Depot
Asset Protection Manager The Home Depot Salem, OR The Home Depot
Regional LP Director Confidential Los Angeles, CA Downing & Downing

Be the first "Employer of the Month"

 

Today's Daily Job Postings from the Net - Appearing Today Only
 

Job Opening

Company

Location

Origination

Loss Prevention Mgr Kmart Kingsland, GA Sears Holdings Corp.
Loss Prevention Mgr Sears Rochester, NY Sears Holdings Corp.
Loss Prevention Mgr Kmart Little Rock, AR Sears Holdings Corp.
Loss Prevention Mgr Sears Kahului, HI Sears Holdings Corp.
Loss Prevention Mgr Sears Austin, TX Sears Holdings Corp.
Loss Prevention Mgr Sears Fort Worth, TX Sears Holdings Corp.
Mgr - AP Walmart Red Bluff, CA Walmart
Loss Prevention Mgr Macy's Langhorn, PA Macy's
Asset Protection Mgr Home Depot Detroit, MI Home Depot
Regional LP Mgr DSW Inc. Plano, TX DSW Inc.
Retail LP Mgr Younkers Omaha, NE The Bon-Ton Stores, Inc.
Regional LP Mgr Apple Dallas, TX Apple
Regional LP & Safety Mgr PetSmart Phoenix, AZ PetSmart


 

Dr. Daniel Downs was named Statistical Criminologist for The Retail Equation.
 

Post Your New Job or Promotion! Click Here


 
Science Suggests That Wacky Office Designs Really Do Increase Creativity Yet more reason to hate cubicles. They're lousy at firing your imagination. This article shows a study done by a team of researches at both the University of Michigan and NYU which proves you should think "outside the box." (Burn your cubicle)
 
How do you renew your creative spark? Ever have one of those days where you just can't seem to think up good ideas? Greg Sebasky, CEO North America of Philips Electronics answers this business question. (Get inspired)
How do you renew your creative spark? Part 2 Did you just watch Greg Sebasky's video and still need help on getting the juices flowing? Then watch Nancy Mahon, Senior Vice President at M-A-C answer the same question. (You can never have too much advice)

How to Get Creative: Stop Trying
We all have those weeks where we're on fire. We're in the zone and every day we feel as if we're accomplishing two or three days' worth of work. Creativity can come out of nowhere. The trick is to sense it - and ride it to the end. (You can't keep your edge)

Share Your Thoughts


 

Selecting the companies you want to work for is harder than you think. It may not be the obvious list when you take into consideration geography, organizational structure, and success of the retailer, growth plans and growth opportunities for your own career. Do some research on each company and open your mind to the small companies. They have just as many opportunities as the rest. They're harder to get in and communicate with, but if it's done right, you may be surprised. One executive years ago sent a letter to a company president who didn't have an LP program and made some bold commitments. He went on to build a very successful LP program there. Be aggressive!

Just a Thought,
Gus Downing

 

Post Your Tip or Advice! Click Here

SUBSCRIBESU  update account /      change e-mail /      /     FEEDBACK    /      www.downing-downing.com     /     ADVERTISE WITH THE DAILY