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June 17, 2011

Loss Prevention & Safety Recruiters Since 1983

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FRIDAY FOCUS

Coming June 24th:
Gary Johnson
Vice President LP
The Vitamin Shoppe
Also Vice Chair NRF Advisory Council,
Effective June 16 Chair of NRF Advisory Council

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

LP Program Spotlight
eBay's PROACT Team



RILA Invites You to Participate in


July 13-15, 2011
Click for details




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



Complimentary Webcast:
Enhancing Your Operational Audit Process


June 29, 2011
2:00 p.m. EST




Women in LP Caucus
Mentor Program
Register Here


August 7-10, 2011
National Food Service Security Council
32nd Annual Meeting

Hyatt Grand Champion
Indian Wells, CA




October 4-6, 2011

CLEAR/Coalition of Law Enforcement and Retail
2nd Annual Training Conference
Peppermill Resort/Casino
Reno, NV









 

American Retailers Try Again in Europe.
Abercrombie is the latest in a stampede of American retailers opening in Europe. The expansion is based on a major shift in how young Europeans think about American fashion. There were 150 people waiting to get into an American retail chain store. And that was one of the shortest lines since the store, Abercrombie & Fitch, opened here last month. Banana Republic will open its first French store later this year. Even Victoria's Secret is making the plunge, opening its first shop outside North America next year in London. Americans have tried to master European retailing. In the mid-1990s, American brands like Gap and Talbots expanded into Europe. But, said John Long, a retail strategist at the consulting firm Kurt Salmon, they found rent was too high, regulations were too onerous and the demand just wasn’t there.  (source: New York Times) 

Wal-Mart and now Target try out smaller boxes.

The smaller formats are designed to fit more easily into dense urban areas where these massive retailers have had trouble making inroads, and to generate extra business from rural customers who might be unwilling to spend the time and gas money to get a bigger store farther away. Last week, Wal-Mart opened the first of its Wal-Mart Express stores. At about 15,000 square feet, the store could be tucked into a tiny corner of one of Wal-Mart's giant Supercenters, which average 185,000 square feet. They plan to open 15 Express stores this year in Arkansas, North Carolina and the Chicago area. Target's experiment with smaller stores is slightly different, and more geared toward urban customers. The company plans to launch four CityTargets in 2012 and 2013 in Chicago, Seattle, Los Angeles and San Francisco. The CityTarget stores will be 60,000 to 100,000 square feet, making them about half the size of the typical Target.  (source: msnbc.com) 

Borders to Avoid Some Closings.

Borders Group Inc. reached a tentative deal with bankruptcy lenders to avoid closing more than three dozen stores. A judge would have to approve the changes. Borders had been preparing to close 40 stores this summer to comply with conditions of its bankruptcy financing. Borders has been in discussions with private-equity firms Gores Group and Najafi Cos. on possible bids for the chain. Borders has already closed more than a third of its stores, leaving it with a little more than 400 outlets, according a recent company tally.  (source: WSJ)    

Two private equity firms make offer for BJ’s.

Leonard Green & Partners and CVC Capital Partners disclosed the bid in a Securities and Exchange Commission filing. Leonard Green has been expanding its retail properties. It made a bid for 99 Cents Only Stores in March, bought Jo-Anne Stores and was part of a group that acquired J. Crew this year.  (source: boston.com) 

Prada raises $2.14 B in Hong Kong markets.

Prada has raised a lower-than-expected $2.14 billion in its Hong Kong share sale as turbulent global markets and a tax hurdle dampened investors' enthusiasm. Although only about 10 percent of the Prada offering was set aside for retail investors, some of Hong Kong's savvy stock buyers may have also been turned off by Italian tax rules that could shrink their profits. Prada warns in its prospectus that shareholders face Italian capital gains tax of 12.5 percent on any profits from selling their shares as well as up to 27 percent withholding tax on dividends.  (source: Daily Herald) 

Sears Canada receives Retail Sustainability Award.

Sears Canada goes 'green' winning the "Retail Sustainability Award" and Natural Resources Canada 2011 ENERGY STAR Retailer of the Year. In 2008, Sears Canada committed to a 20 per centreduction in its carbon footprint by 2013. Sears is on pace to beat that target with innovative programs which have already reduced its footprint by more than 15 per cent. The latest initiative is the replacement of 130,000 inefficient incandescent spotlights with energy-saving LED lighting in all Sears Home and full-line stores across Canada is in progress. This is one of the largest replacements of inefficient lighting ever completed internationally, saving the Company more than 16 million kilowatt hours (kWh) per year.  (source: fibre2fashion.com)  

The Wii U Announcement's Impact On U.S. Wii Sales.

Now that Nintendo has officially released details on the Wii U, a tablet and console combination, the days are numbered for the original Wii. While the final release date for the Wii U is still unknown, we believe that Nintendo will consider releasing it as soon as March or April of 2012. Even if Nintendo makes a March 2012 launch, that leaves at least nine months during which Wii sales are likely to decline precipitously. The company has attempted to slow that descent by cutting the system's price to $150 as of May 15, 2011.  (source: gamasutra.com)

Maryland lost 13,000 jobs in May.

Payrolls in Maryland shed more than 13,000 jobs in May, but the state's unemployment rate held steady at 6.8 percent. The largest losses were among administrative and support services firms, which shed 4,000 jobs; retail, which lost 3,600; and the sector that covers construction and mining, which lost 3,100.  (source: theDailyRecord)

Shoplifting Irish Spring from store turns into felony robbery.

Syracuse, NY -- A shoplifter steals 10 bars of Irish Spring soap from a Family Dollar store. When the store manager attempted to apprehend him, the shoplifter ran then stopped and punched the manager and pulled a knife. The Manager responded by tackling the man, bringing him to the ground and landing several punches to the man’s face. The manager released the man and he got up and walked away. Then the shoplifter calls the police to tell them he was assaulted during the apprehension.  (source: syracuse.com)

Prison escapee caught after knocking on wrong door.

SEATTLE - An escaped convict was caught following a day on the loose after he knocked on a cabin door - only to find out the man renting the lodge was an off-duty guard at the prison he just fled. Authorities said James Edward Russell took off from the Washington state penitentiary Tuesday morning. Early the next day, Russell - still wearing his prison uniform - went to the cabin asking to use the phone. After a scuffle, Russell ran off again. The guard reported the incident and Russell was caught a few hours later.  (source: abclocal.go.com) 

Eight Florida men arrested for string of Jewelry Store burglaries, totaling $6 Million dollars.

This case is ongoing, police are hoping to tie this organization with other similar break-ins. Officials say the high-end burglary ring, based in Miami, operated with multiple crews of burglars who would burglarize jewelry stores and pawn shops by cutting holes in the roof, disabling alarms and surveillance systems and using torches to access safes. Authorities estimate the value of the jewelry stolen at more than $6 million. [video and photos] (source: wbir.com)




 


ATTENTION LOSS PREVENTION PROFESSIONALS

truTV is producing a new reality project highlighting the work that you do!



We are currently casting for LOSS PREVENTION PROFESSIONALS to be featured on the show. If you're interested in helping us re-create a number of stories highlighting the work that you do every day, please call us or e-mail with your information. We are looking to hire a number of people to be LOSS PREVENTION AGENTS on camera for a few days work in mid to late July.

Please e-mail your personal info (with picture or video if available) if you're interested in being an agent on the show!

E-MAIL to: caughtredhandedtv@gmail.com OR call Jordan (323)468-4621.

 




Annual Technology Showcase and Golf Outing

June 29-30, 2011
Hilton Hotel
Beachwood, OH


Please see our
Invitation and Agenda

 

 

eBay Supported Investigation Leads to Federal Jail Sentence

eBay Global Asset Protection team assisted law enforcement investigators leading to guilty pleas and Federal jail sentences for three suspects involved in internet fraud and stolen goods scheme. U.S. Attorney spokeswoman Patricia Hartman said the suspects sold stolen merchandise, including laptop computers, printers, scanners, toner, televisions and industrial printing equipment. One suspect received 40 months in prison for his scheme to defraud 19 retail corporations, 12 financial institutions and the government out of a combined $700,000. They got the merchandise by providing false and fraudulent payment to victim corporations, and then sold the stolen goods throughout the country. (Click here for full article)


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

 
 

 

Job Opening

Company

Location

Origination

ORC Investigator Walgreens Texas Walgreens
Regional Loss Prevention Mgr Burlington Coat Factory AL, MS, TN Region Burlington Coat Factory
Regional Loss Prevention Mgr Burlington Coat Factory AR, LA, OK Region Burlington Coat Factory
Regional Loss Prevention Mgr Burlington Coat Factory Metro NY, NJ and CT Burlington Coat Factory
Regional Loss Prevention Mgr Burlington Coat Factory San Antonio Region Burlington Coat Factory
Director of Asset Protection Confidential NYC, NY Downing & Downing
District Loss Prevention Mgr Sears Holdings Corp. Honolulu, HI Sears Holdings Corp.
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 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
Corporate Inv. & Training Mgr Confidential Ohio Downing & Downing
Director of Loss Prevention Confidential California Downing & Downing
Regional LP Director Confidential Los Angeles, CA Downing & Downing

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

Job Opening

Company

Location

Origination

Sr. Loss Prevention Mgr Walt Disney Pasadena, CA Disney
Loss Prevention Mgr Office Depot Boca Raton, FL Office Depot
Loss Prevention Mgr Sears Holdings/Sears Spokane, WA Sears Holdings Corp
Loss Prevention Mgr Sears Holdings/Sears Henderson, NV Sears Holdings Corp
Loss Prevention Mgr Sears Holdings/Sears Midwest City, OK Sears Holdings Corp
District LP Mgr Wal-Mart Tampa, FL Wal-Mart
Market AP Mgr Physical Security Program Walgreens Deerfield, IL CareerBuilder
District LP Mgr Walgreens San Francisco, CA Walgreens
Loss Prevention Mgr Shopko Saint Cloud, MN Indeed
Store Safety and LP Mgr Lowes Wilson, NC Lowes
Loss Prevention Mgr Sears Holdings Corp Columbus, OH LPJobs
Profit Protection Mgr The Body Shop Wake Forest, NC LPJobs
 

Chance Bowling  was named Corporate Loss Prevention Manager of Petco.

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Loyalty is one of the most precious values there is and a loyal team that's unified in its goals and objectives, even in defeat, is strong and supportive.  Loyal teams can make the largest tasks seem effortless and they create a sense of ownership of family that inspires individual performance and comforts individual failure.  Earned slowly and grown daily, loyalty is a commodity no leader can be without because it fuels success, unifies purpose, and gives birth to exceptional performance.  Without loyalty, teams splinter and lose focus on the true objectives.  It's rare to build a truly loyal team and it's incredibly difficult to keep them together long term with private agendas always pressuring the balance.  And yes, even loyal teams require balancing because at the end of the day it's always about personal agendas.  Professional sports teams are constantly looking for that balance and the right players to fit as a team and the same holds true in business.  With the right team, anything is possible and conversely one team member can destroy the entire balance.  So being a team player is important even when you decide not to be.

Just a thought
Gus Downing

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