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March 10, 2011

Loss Prevention & Safety Recruiters Since 1983

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FRIDAY FOCUS
Rosamaria Sostilio
Sr. Vice President
Corporate Asset Protection,
Saks Fifth Avenue

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

Dan Provost
VP US Retail Store and Distribution Center LP,
Staples, 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




 



March 30-31, 2011
RILA Disaster Recovery & Preparedness Committee Meeting
Washington, DC



 


Jewelers' Security Alliance
March 9-11, 2011
Flamingo Hotel
Las Vegas, NV
jsa2@jewelerssecurity.org for info on registering




 


October 4-6, 2011
CLEAR/Coalition of Law Enforcement and Retail
2nd Annual Training Conference
Peppermill Resort/Casino
Reno, NV


 


 




 




 

 

Wal-Mart announces their first three Wal-Mart Express locations to be opened this summer in three towns in northwest Arkansas.  Keeping the first three 15,000 square feet units close to corporate gives them the ability to keep a close eye on it and make the changes they need to quickly.  This will be interesting to watch over the next 5 years as this could be the second punch Wal-Mart is looking for.  (Source supermarketnews.com) 

RILA comes out and joins the NRF in opposition to the new proposed changes the Federal Motor Carrier Safety Administration wants to make to the current federal hours-of-service rules for truck drivers.  The changes take the current 11-hour-on-duty to 10 hours and also adds the requirement of two midnight-to-6 a.m. periods of rest to be included in the already established 34 hours of time off required between each week of driving.  Their assertion is that the changes would not make any valid improvements and it would be at the expense of the drivers and businesses.  (Source supermarketnews.com)

Kohl's plans on opening 39 stores this year, thus creating probably about 40+ LP positions.  (Source kxl.com)

Total fraud losses in the UK fell to $577.3 million in 2010 - down 17% from 2009 which follows a 28% reduction in 2009 over 2008.  This downward trend  was possible because of a number of initiatives, which include: "better awareness amongst retailers about how to protect their chip and PIN equipment from criminal attack; greater sign-up to online fraud prevention initiatives such as MasterCard SecureCode and Verified by Visa by cardholders and retailers; improved industry sharing of fraud data and intelligence; increasing use of fraud detection tools by banks and retailers; the increasing rollout of chip and PIN abroad and the upgrade of chips on UK cards."  (Source theretailbulletin.com)

CargoNet, a division of Versik's ISO Crime Analytics unit, released their first annual cargo theft report providing a snapshot of cargo theft in the United States from 2009 to 2010 with more than 1,000 cargo thefts incidents reported.  "The report includes information on stolen commodity type; theft incident location, date, and time; cargo origin and destination; and additional analysis based on more than 300 data points.  The report helps supply chain participants mitigate risk by pinpointing areas of vulnerability during the movement of goods, mapping patterns of theft from a "flow of goods" perspective, and providing guidance to improve supply chain security."  (Source thestreet.com)

The jailed Chinese appliance retail tycoon Huang Guangyu still maintains control of China's largest appliance retailer, Gome Electrical Appliance Holdings, even from a jail cell.  Convicted in 2009 of insider trading and other crimes and serving a 14-year sentence, Guangyu was able to ward off a tussle for control by the Chairman he had put in the position in 2009.  The Chairman resigned yesterday "to spend more time with his family."  (Source Associated Press)

A sweeping largest-ever federal investigation into the organized theft and selling of Indian artifacts in the Southwest's Four Corner's region led to 26 indictments, a number of suicides, and a 150-federal-agent raid on homes which was helped by one undercover operative, Ted Gardiner, a former grocery chain CEO who, himself, committed suicide last March.  Organized theft takes place everywhere and the consequences are significant.  (Source Associated Press)

Leo Anguiano, the new Vice President of Loss Prevention for Central Parking, the nation's largest parking company, is breaking new ground and attempting to develop that industry's first loss prevention model and data-mining system that truly impacts revenue manipulation (their industry's shrink).  With one-attendant lots all over the country and very little supervision or oversight and an unsophisticated register system, this will be a major accomplishment for that industry.

Federal indictment of 12 people in Minnesota broke up a $10 million bank fraud ring that involved multiple states, inside employees at a number of America's largest banks, and depended on identity theft.  Recruited bank employees would obtain customer information to create phony bank and credit card accounts, apply for loans and get cash.  (Source Associated Press)

Mobile app's are the number one online malicious activity security threat in 2011 with social network-base scams and fake antivirus programs being the next two.  (Source pcworld.com)

Jo-Ann Stores 4Q reports same store sales up 2% with revenue up 3.6%
Men's Wearhouse 4Q reports same store sales up 4.3% with revenue up 18.6%

 

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Vector Securitys 2011 LPF Scholarship Program Receives Record Number of Entries

Third year of program sees a doubling of applicants --


If the adage "the third time is the charm" is a predictor of what will come, it certainly held true when it came to the results of Vector Security's 2011 Loss Prevention Foundation (LPF) scholarship program.  Begun in 2009, Vector's third year of the program garnered a record
number of scholarship applicants.  In fact, this year's level of interest (105 applicants) doubled last year's results and brought additional credence to the fast growing value of the LPF programs, and to Vector Security's commitment to help educate LP professionals.  According to Vector's Executive Vice President, Michael Grady, the remarkable increase in entries is the result of several important factors.  "First and foremost, the growing desirability of the LPF educational program speaks for itself.  They offer a level of loss prevention education which is virtually unavailable outside the LPF.  Second, loss prevention professionals are realizing that continuing education is important in a field where their roles are expanding quickly.  LP professionals are expected to be sharp, technically savvy business managers, leaders, educators, social scientists, accountants, statisticians, high level executives, and of course -- investigators.  Third, the loss prevention industry has received increasing levels of awareness due to the LPF's great job at expanding the coursework to colleges and universities.  That's attracting a more diverse level of people to their programs and the retail LP industry in general."

While Grady is complimentary to the LPF, their President, Gene Smith, returns the compliment.  "Vector Security has been and remains the most stalwart supporter of the LPF program among the various business organizations that support it.  Their scholarship model has helped promote the value of our programs and, most importantly, has provided educational opportunities to many deserving people who might otherwise not be able to afford these courses."  Vector will be announcing the 2011 winners during the week of March 7th.  This year, Vector increased
the number of scholarships to 15 each for both LPQ and LPC coursework. 

About Vector Security:  Vector Security is a leading provider of residential and commercial electronic security services.  It operates branch offices throughout the East Coast and southern California, and three specialized business groups:  National Accounts, Authorized Dealer Services, and Vector Security Patrol, which provides guard and patrol services.  Vector Security is owned by The Philadelphia Contributionship, a private insurance company founded by Benjamin Franklin in 1752.  Three of its founding directors -- Benjamin Franklin, John Morton and Robert Morris -- were also signers of the Declaration of Independence.  Vector has captured many prestigious industry recognitions, to include the following:

Received the Association of Public-Safety Communications Officials -- International's (APCO)
highest honor, The President's Award, in 2009 for its outstanding contributions to the
improvement of alarm dispatching communications methods in 911 centers
Chosen as Frost & Sullivan's 2008 North American Commercial Alarm Monitoring Company of
the Year
Became the industry's first U.S-based central station facility to earn Underwriter Laboratories of
Canada (ULC) certification in 2008
Captured the first Police Dispatch Quality (PDQ) Award in 2006
Honored as the False Alarm Reduction Association (FARA) Associate of the Year in 2006
Rose to a position as the SDM Magazine/Central Station Alarm Association (CSAA) Central
Station of the Year in 2006
Named SDM Magazine Dealer of the Year in 2003

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Job Opening

Company

Location

Origination

National Account Mgr (NAM) Vector Security Pacific Northwest Vector Security
District Loss Prevention Mgr Sears Holdings Corp. Washington DC Sears Holdings Corp.
District Loss Prevention Mgr Sears Holdings Corp. Honolulu, HI Sears Holdings Corp.
District Loss Prevention Mgr Sears Holdings Corp. Redwood City, CA Sears Holdings Corp.
Regional LP Mgr Sears Holdings Corp. Atlanta, GA Sears Holdings Corp.
Divisional LP Director Confidential Chicago, IL Downing & Downing
Director of Investigations Confidential Central US Downing & Downing
Director of Loss Prevention Confidential Midwest Downing & Downing
National Account Sales Mgr Confidential New York City, NY Downing & Downing
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
District Loss Prevention Mgr Confidential Los Angeles, CA Downing & Downing
District Loss Prevention Mgr Confidential Stanton Island, NY Downing & Downing

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

Job Opening

Company

Location

Origination

Asset Protection Mgr Luxottica Knoxville, TN Luxottica
Asset Protection Investigator e-Bay San Jose, CA JobNet
Store Loss Prevention Mgr Follett Higher Education Tempe, AZ Juju
Loss Prevention Mgr Sears Roebuck and Co. Murfreeboro, TN CareerBuilder
Executive Protection Specialist Sears Holdings/Corporate Hoffman Estates, IL Sears Holdings Corp
Director, LP - Logistics Sears Holdings/Corporate Hoffman Estates, IL Sears Holdings Corp
Safety Engineer/Hygienist ArcelorMittal Steel Cleveland, OH Indeed
Regional LP Mgr CVS Pharmacy Oakland, CA Indeed
Loss Prevention Mgr Lord & Taylor King of Prussia, PA Indeed
Loss Prevention Mgr Confidential Posting Minneapolis, MN Indeed
District Loss Prevention Bed Bath and Beyond Atlanta, GA Bed Bath and Beyond
Senior LP Mgr JCPenney Peoria, IL LPJobs
 

Thomas Matthews was appointed to the Board of Advisors for Profitech.
Travis Lewis was named Chief Marketing Officer for Inmar.
John Thompson was named Vice President of Digital Strategy for Inmar.

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Virtually every executive can talk about the basics of their craft, how things should work, what to do in different situations, and the results they got in every position.  But what separates the good ones from the great ones is their ability to articulate exactly how they achieved every result and are able to express how they influenced change and dealt with individual conflict situations.  The ability to verbalize in detail individual accomplishments, results, mistakes, lessons learned, and how they achieved certain goals in a clear and understandable way is an incredibly powerful trait and one that takes practice, confidence, and a willingness to be self-reflective in order to truly develop it.

Just a Thought
Gus Downing

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