|
|
|
|
|
Debra Martin promoted to Sr. Director Retail
Operations for Piggly Wiggly Midwest, LLC
Debra
has been with Piggly Wiggly for more than a year, starting with the company in
2022 as Director of Retail Operations. Prior to Piggly Wiggly, she spent more
than a year with Stop & Shop as Director of Store Operations. Earlier in her
career, she served as Sr. Director of Asset Protection for Fresh Thyme Market,
Director of LP for The Fresh Market, Director of AP - Safety and Compliance for
Harris Teeter, Senior Director, Global Security Operations for Walmart and VP,
AP, Risk & Safety for Raleys, among other LP roles. Congratulations, Debra! |
See All the Executives 'Moving Up' Here
Submit Your New Corporate Hires/Promotions or New Position
|
|
|
|
|
|
|
New ORC Laws: Understanding Their Impact on Retail Safety
September 27, 2023 | 1:00 p.m. ET
Retail crime is a significant problem throughout the country. Recent
headlines have highlighted a growing crisis with increased shrinkage
and violent retail incidents affecting multiple stores every day. To
address part of this issue, various states have passed new ORC laws,
modifying thresholds, penalties, and more.
Join us Wednesday, September 27 at 1:00 pm EST, where
ALTO lead
Attorneys, Sal Rozzi and Trei Gilpin, will explore recent changes in
ORC laws and their impact on retail safety. We will highlight the
importance of collaboration between the public and private sectors
in tackling this issue. This event will also feature a discussion
with Walgreens Major Crimes Managers, Jake Crank (New Mexico) and
Jose Barreto (Oregon), as we navigate the evolving landscape of
retail crime prevention and work towards safer communities.
|
The U.S. Crime Surge
The Retail Impact
Summer Wave of 'Flash Mob Attacks'
Thieves Swarm Luxury Malls, Driving Retail Crime to $100 Billion
California Governor
Gavin Newsom commits $267 million to fight “brazen smash-and-grabs” hitting
stores
“Losses from theft are
at historical highs, and I'd say, we find it unacceptable,”
Erik B. Nordstrom, chief executive officer of the eponymous department store
chain, said during an earnings call last month. “We're looking at everything we
can do to make our stores are safe and secure.”
Critics though, particularly within California, say
better
prevention and surveillance won’t ultimately solve the problem, and instead
point the finger at lax prosecution as a factor contributing to the jump in
flash raids.
Los Angeles, for instance,
no longer requires cash bail
for suspects charged with nonviolent misdemeanor penalties, allowing many people
accused of low-level crimes to be released without having to post a bond.
Petty larceny — theft of goods valued at $950 or less — is
a “cite and release” offense
in California,
according to Rachel Michelin, chief executive officer of the California
Retailers Association. Many participants in flash mob incidents started out as
small-time shoplifters, who graduated to more serious offenses after getting
away with a hand slap
for entry-level theft,
she said.
“When people realize
there's no consequence, that behavior is going to escalate,”
Michelin said.
The crimes are having a
ripple effect on local economies,
said Michelin. Sales tax revenue falls as
fearful
shoppers stay away from stores, leading to closures and demoralized workers,
making it harder for cities to pay police or clear sidewalk vagrants camped
outside vacant storefronts, further discouraging new businesses from opening.
When the Nordstrom in the Westfield San Francisco Centre announced in May that
it was closing, the mall’s owner, Unibail-Rodamco-Westfield,
blamed “unsafe conditions for
customers, retailers, and employees.”
This week, American
Eagle Outfitters sued Westfield,
accusing it of letting the mall “deteriorate into disarray” and
exposing its staff to violence
and robberies,
according to a complaint filed in Superior Court in San Francisco County.
In the Los Angeles area, where mall culture has long inspired Hollywood
scriptwriters, a summer
wave of flash mob attacks swept across various retailers,
from discount to luxury.
bloomberg.com
NYC: Robbery Up 5%, Larceny Up 5%, Burglary Up 2%
But the city saw a downward trend in major crimes at the end of 2022 and
major crime is down overall in 2023
Major crime in NYC continues to climb under Mayor Eric Adams — while NYPD
response times slow: report
Major
crime continued to rise during Mayor Eric Adams’s first fiscal year in office
— as NYPD response times slowed across the board, according to the mayor’s
yearly report.
The sprawling Mayor’s Management Report, — which addresses every facet of city
government and this year mentions the migrant crisis more than two dozen times —
says felony crime
nearly topped 127,000 reports over the fiscal year 2023, a 6.4% jump from the
prior year.
That’s also a more than
35.6% jump from pre-pandemic times,
according to the report which covers the period from July 1, 2022, to June 30,
2023.
Only two categories,
murder and rape, saw an improvement,
while the rest ticked up year over year. At the same time,
average response times for all
crimes jumped by nearly
two minutes to 14 minutes and 24 seconds.
The breakdown of crime from the report reveals:
• Murder was down 9% — 424 vs
465
• Rape was down 7% — 1,088 vs 1,168
• Robbery was up 5% — 17.047 vs 16,178
• Felony assault was up 8% — 26,959 vs 25,034
• Burglary was up 2% — 15,054 vs 14,793
• Grand larceny was up 5% — 51,455 vs 49,227
• Car theft was up 20% — 14,902 vs 12,448
The report also highlights the
NYPD’s clear refocus on broken
windows policing —
issuing 134,580 minor tickets, which is nearly double that last year.
“Under the mayor’s leadership, the city saw
a downward trend in major
crimes at the end of 2022
and major crime is down
overall in 2023,
year-to-date, including a double-digit decrease in shootings,” he added.
nypost.com
NYC's 'Forgotten Borough' Sees 129% Murder Surge
Staten
Island appears to be NYC's crime hot spot while other areas see improvement
Murders in Staten Island soar 129% so far in 2023: ‘Wholly unacceptable’
Staten Island secession might not be a bad thing — for New York City’s crime
stats. Murders in the
“forgotten” borough have surged 129%
so far this year over last year, to 16 from seven.
Major
crimes are up in every category and 17% overall,
according to NYPD data through Sept. 10. By contrast,
murders
citywide are down 10%,
to 280 from 311 this year. And
major
crimes have dipped 0.2%,
the data shows.
Staten Island
— where the migrant crisis has prompted the latest wave of secession sentiment —
is the only borough
whose murder rate is going in the wrong direction and the only one to only one
to see increases across all major crime categories.
“This year’s increase in crime on Staten Island is wholly unacceptable,”
District Attorney Michael McMahon told The Post, noting his office “has work to
do” because of “misguided
and harmful policies visited upon us by outside forces.”
Bail reform; changes to discovery protocols in criminal cases that have led to a
“mass exodus” of prosecutors; along with the Raise the Age law,
which lifted the age of criminal responsibility from 17 to 18, are among the
“devastating” policy decisions
sparking a more than 20% jump
in juvenile crime boroughwide
and “a total lack of accountability for teenage lawbreakers,” McMahon said.
Some of the murders and
robberies are fueled by street gangs,
mostly on the North Shore, said one recently retired veteran detective.
nypost.com
Backlash Grows After Oakland Misses Out on
Millions in State ORC Funds
Oakland merchants plan to strike over crime after city messes up grant funding
Several
Oakland merchants plan to go on a one-day strike in response to rising crime and
the city
missing a deadline to secure millions
in crime-prevention funds from the state, a prominent community leader said
Monday.
A date for the strike will be announced Wednesday, and
between 15 to 20 businesses
have agreed to participate,
said Carl Chan, a public safety advocate in Chinatown. Chan said small
businesses hope to send a message to city officials that merchants, their
employees and customers are “suffering” from crime.
“Right now we are under
siege,” Chan said
during a news conference. “We have been promised many times, but what about the
delivery?”
Chan announced the strike at the event that was held by the Oakland NAACP
chapter at a church in East Oakland. The chapter also criticized the city and
said it will launch an
independent investigation into why and how the city leaders missed the grant
deadline.
sfchronicle.com
abc7news.com
RELATED: Oakland flubs critical chance to fight
retail theft
Facial Recognition Expands in Police Departments
Worldwide
Irish police start €10M facial recognition body cam procurement
The Irish police, known as Garda Síochana, have officially started the public
procurement process for
facial recognition body-worn
cameras as the country
awaits regulation for
police use of face scanning software.
Ireland is
currently debating the Garda Síochána (Digital Management and Facial
Recognition Technology) Bill 2023 which
would
allow facial recognition to be used retrospectively to search through images.
The tender,
published on Tuesday, seeks recommendations on body-worn camera systems and
the Digital Evidence Management System (DEMS),
used for collecting and
analyzing footage obtained by the cameras, including retrospective facial
recognition.
The DEMS system also plans to
integrate or replace existing
CCTV surveillance systems.
The police say they expect the system to cost around 10 million euros
(approximately US$10.7 million) over five years.
The body-worn cameras will
first be introduced as a pilot in mid-2024, with full roll-out expected in 2025.
The draft bill promises to use the technology only in serious crime
investigations while the police say their cameras will only be switched on in
specific circumstances. The procurement documents also highlight that the
police have no plans to use
live facial recognition on body-worn cameras.
biometricupdate.com
New iPhone Launch Fueling Theft Surge
Phone shops brace for spike in robberies as iPhone 15 goes on sale
Three UK is rolling
out innovative watermarking technology in a bid to deter gangs of thieves from
targeting their stores next week.
Mobile phone retailers are
preparing for a spike in
organised robberies when Apple's new iPhone 15 goes on sale next week.
Thefts involving a group of people targeting a shop for goods are sometimes
referred to as "steaming" and
there were more than 300
incidents of this in telecoms stores last year.
Half of these incidents took place in the last three months of 2022, after an
iPhone launch,
according to data published by the Crime Communications Strategy Group (CCSG).
Three UK are hoping to combat the rise in robberies by rolling out watermarking
technology, in partnership with Selecta DNA and The National Business Crime
Centre.
This involves unique
codes being placed on high-value products, making them easier for police to
track if they are stolen.
"It's a deterrent," he continues. "We are going to have signs in our stores and
we are hoping that will deter people taking them in the first place."
news.sky.com
House ORC Bill Gets More Cosponsors
H.R.895 - Combating Organized Retail Crime Act of 2023
Two new co-sponsors signed onto the legislation (1 Republican and 1
Democrat), bringing the total to 70 cosponsors (36 Republicans, 34 Democrats).
It's picking up activity.
Edwardsville, IL: Police target organized retail crime, seek grant to help
NC Democrats rally for gun regulations in wake of recent shootings
'The Visionary 2024' Award to be Presented to
Dick's Executive Chairman
NRF Announces DICK’S Sporting Goods Executive Chairman Ed Stack as The Visionary
2024
The National Retail Federation today announced that DICK’S Sporting Goods
Executive Chairman Ed Stack will receive
The Visionary
award. Stack will be recognized
during the ninth annual
NRF Foundation Honors
on Jan. 14 in New York City.
“Starting
his retail career at a young age,
Ed Stack has led DICK’S
Sporting Goods through decades of remarkable growth
with tremendous business acumen and ingenuity,” NRF President and CEO Matthew
Shay said. “His story demonstrates how retail is unmatched in opportunity.
Throughout his tenure, Ed has stood by his convictions and dedication to making
a difference, and NRF is honored to recognize him with The Visionary award.”
Presented each year to an outstanding retail leader,
The Visionary award honors
Stack for his leadership of the largest omnichannel sporting goods retailer in
the United States,
guiding the company's evolution from two stores in upstate New York to a Fortune
500 company. From 1984 through January 2021, Stack served as the chairman and
chief executive officer of DICK’S Sporting Goods.
“I
have spent my life in retail, and I am honored and humbled to be recognized as
The Visionary by the National Retail Federation,” Stack said. “This recognition
is on behalf of the more than 50,000 associates with DICK’S Sporting Goods who
have helped build the company over the last 75 years.”
nrf.com
McKinsey & Company Study
Retail workers are fed up and quitting at record rates
Workers increasingly say the job isn’t worth the wages
To be a United States retail worker in 2023 means fielding an onslaught of
growing American anxieties about everything from high prices to politics.
Increasingly, some
workers say the job isn’t worth the wages.
Low
pay, erratic schedules and monotonous tasks have long been a challenge for the
nearly eight million Americans working in retail,
but the pandemic years have added a host of taxing new duties. Employees must
cope with an uptick in shoplifting and customer orneriness. They manage online
orders and run up and down the aisles to unlock items as quotidian as
toothpaste.
A 2022 McKinsey & Co.
study found that the
quit rate
for retail workers is more than 70 per cent higher than in other U.S. industries.
And the COVID-19 years made the problem worse. Before 2020, turnover for
part-time retail employees — who make up the bulk of the in-store workforce —
hovered around 75 per cent, according to data from Korn Ferry. Since then it’s
shot up to 95 per cent and hasn’t budged, which has at times led to understaffed
stores.
Demitrius, who was 17 when he was hired, spent his days toiling as cashier,
janitor, shelf stocker and passport photo taker.
At times, it seemed he might
have to provide security, too.
It was the weight of
these things that eventually drove him out of the minimum-wage gig in 2021.
“I had to quit and take a break from working for like a year just to regain the
ability to breathe and to focus,” he says.
financialpost.com
Retail Holiday Hiring Its Lowest Level in 15
Years
US retailer holiday hiring to drop to levels last seen in 2008
U.S. retailers will hire the
lowest number of seasonal
workers for this holiday season since 2008,
due to increased labor costs and shaky consumer confidence, according to a
report by Challenger, Gray & Christmas provided exclusively to Reuters.
Retailers are expected
to add just 410,000 seasonal jobs this season,
according to an analysis of nonseasonally adjusted data from the Bureau of Labor
Statistics (BLS) by the global outplacement and executive coaching firm. That is
just slightly above the
324,900 workers they added during the last quarter of the financial recession of
2008.
reuters.com
Saks Survey Sees Luxury Shoppers ‘Bouncing Back’
Each quarter, the
Saks Luxury Pulse canvases about 2,000 Americans on their shopping intentions
and views on the economy.
Saks, displaying some optimism in an otherwise sluggish apparel environment,
sees luxury consumers more inclined to shop in the near term. The latest Saks
Luxury Pulse quarterly survey found that
58 percent of the respondents
plan to spend the same or more on luxury in the August through October period.
wwd.com
Grabango lays off employees across several departments
The frictionless checkout provider declined to specify the number of impacted
team members, though multiple LinkedIn posts indicate cuts hit 40% of the
company.
Soft Surroundings files for bankruptcy, will close all 44 stores
Bed Bath & Beyond Employees Sue Over 401(k) Plan Losses
|
All the News - One Place - One Source - One Time
Thanks to our sponsors/partners - Take the time to thank them as well please. If
it wasn't for them The Daily wouldn't be here every day for you.
|
|
|
|
|
|
|
How Cloud Video
Surveillance Centralizes
Loss Prevention Efforts and Removes Silos
Loss prevention professionals are tasked with the
huge challenge of protecting their business against shrink and the increasing
threat of organized retail theft, among other concerns. To manage this
responsibility, they need to be able to quickly see problems, trends, and future
risks to their organization. But many of the tools today can't provide deep
context to data and evidence since it's collected and stored in separate tools.
This makes it time-consuming and difficult to investigate to find evidence,
overarching trends, or risks.
So with the problem of siloed EBR, video and case management, what's the
solution? It's time for a shift in how companies approach loss prevention to
make it more centralized and accessible.
Access a full suite of loss prevention
tools from one place
Solink's loss prevention platform gives you the power to focus an
investigation into a specific location, a region of the floor, or even a
particular transaction type. It connects with almost any commercial camera
set-up so you can:
-
Monitor multiple locations remotely at the same time
-
Get
notified of strange or non-compliant activity
-
Pair
video footage with transaction receipts to create contextualized evidence
-
Quickly distribute evidence to authorities or peers
All from just one
software tool.
Automate loss prevention capabilities
and fraud detection with Threshold Notifications
Threshold Notifications tells you when your key metrics are not where they
should be, finding the source of the problem fast. Set clear thresholds on your
data and get notified of any outliers from the expected norm. Use video paired
with transactions to validate or explain the reason for these outliers.
Threshold notifications save you hours per week on identifying where shrink
occurs and the paired video footage helps you navigate case management with
solid evidence.
Solink in action: how a grocery store
reduced shrink by optimizing their front-end operations
Frazier Farms, a specialty natural grocery store in California, was having
concerns about discount abuse and higher operational risks due to weakened
employee training. Through using the Solink platform across three store
locations at once, Matt Frazier, one of the owners, was able to immediatley
hone in on the exact moment that incidents occurred by using the motion search
feature. Then, pairing the video footage with strange transactions from POS data
such as high or frequent discounting, he was able to also identify employees
who were abusing their authorization levels. The ability to pair videos to
transaction data also helped him determine that new employees were not
trained on how to use the registers properly which had led to an increase in
void purchases. From here, he could send the video clips to authorities or
to internal teams for training and awareness, which helped improve store
operations.
Read the full story in detail here.
Integrate cloud video
surveillance to remove silos and start contextualizing your business risks from
just one platform
-
Accessible on any browser or mobile device (Web, iOS, Android, Apple TV)
-
Works with almost any commercial camera including your existing cameras
(Analog or IP)
-
Easily share video clips and collaborate with peers and law
enforcement
-
Search through surveillance video
with ease to view motion events, people, or vehicles
-
Access to features like video analytics and heat maps
-
Retain and store evidence securely for investigations
-
Customer support is available 24/7, 365 days a year
Learn more about Solink
Book a product tour
|
|
|
|
|
|
|
Cyberattack Hits Clorox & Causes Production
Delays
Clorox says last month’s cyberattack is still disrupting production
Clorox said a
cyberattack it disclosed last month will have a material impact on its quarterly
results.
Clorox
on Monday warned of a
material financial hit from ongoing production disruptions caused by a
cyberattack last month.
The company, which produces its namesake bleach products and Pine-Sol, among
other household items,
also said it doesn’t have an estimate for when it will be able to resume full
operations.
The cybersecurity breach
will impact fiscal first
quarter results due to product outages and delays,
Clorox said. Nonetheless,
the company said it believes
the threat is contained.
It expects to start bringing systems back up to speed next week, and will ramp
up to full production “over time.”
Clorox had disclosed the attack Aug. 14, saying that its systems had been
breached. After learning of the attacks,
the company took systems
offline and involved law enforcement.
Now, a month later, the attack is still
causing “widescale disruption”
to the companies operations, according to a Clorox securities filing.
While systems are being repaired, the company has had to go manual on many of
its procedures. As a result, the company has scaled back its order processing,
meaning
fewer products are making their way onto store shelves.
cnbc.com
CISOs Facing More Pressure Than Ever
How to Get Your Board on Board With Cybersecurity
CISOs can refine their soft skills to help get their cybersecurity
best-practices message across. Steps include increasing staff incident-response
training and staying current with the threat landscape.
Nearly three-quarters
(73%) of cybersecurity industry leaders have experienced burnout in the last 12
months — and who can
blame them?
The
shift to remote and hybrid
work models has
increased organizations' reliance on cloud services, limiting security teams'
visibility into employee network and endpoint environments. But reduced
visibility places company data at greater risk of cyber threats, and the
subsequent surge in software supply chain attacks and ransomware incidents has
cast a spotlight on the significance of cybersecurity. As a result,
CISOs
face more pressure than ever to maintain robust cyber defenses.
However, the role of the CISO has also evolved in other ways. With the frequency
and severity of cyberattacks increasing, security has become a board-level issue
given the potential reputational, financial, and operational damage associated
with an attack. While it's a positive development that
more C-suite and board leaders
are becoming active participants in cybersecurity conversations,
it has also placed added pressure on CISOs, who must communicate advanced
security protocols to a non-technical audience and justify their defense plans.
To champion
cybersecurity initiatives while staying within budget constraints and aligning
investments with overarching business goals,
you need more than technical prowess. You must be able to effectively
communicate and collaborate with your C-suite peers — and that's sometimes not
as easy as it sounds.
darkreading.com
The Growing Mountain of Cybersecurity Regulations
White House grapples with harmonizing thicket of cybersecurity rules
The regulatory road to harmonizing regulations for 16 critical infrastructure
sectors is long and treacherous one.
In recent weeks, the White House has embarked on a dizzying task:
trying to harmonize the
exceedingly broad number of cybersecurity-related regulations and technical
standards set by
industry that corporations and critical infrastructure operators must abide by.
That monumental task is
likely to span years — perhaps even administrations.
Its outcome has the potential to
radically reshape cyber policy
and regulations for 16 critical infrastructure sectors.
Assuming it gets done.
The initial goal is to
create a framework for a single mandate so critical infrastructure owners and
operators have “reciprocity” across standards.
That would mean that complying with a set of standards in one domain would, in
theory, result in compliance in another and reduce compliance costs.
Large
corporations spread across multiple sectors would spend more on cyber defense,
and smaller corporations that currently can’t keep up with security spending
might allocate a bit more of their budget toward defense.
Amid the task of harmonizing regulations, cyberattacks against critical
infrastructure organizations are only increasing.
Harmonizing regulations could
be a way to deliver significant security dividends at a time when ransomware
gangs are attacking everything from casino operators to hospitals and Russian
and Chinese hackers are increasingly probing U.S. critical infrastructure
entities. Harmonizing
regulations is task 1.1.1 in the National Cybersecurity Strategy Implementation
Plan, which calls on the Office of the National Cyber Director and the Office of
Management and Budget to lead the effort.
cyberscoop.com
Business Data Trap
The hidden dangers of low-value data
Despite data classification being essential to successful data security
strategies and compliance,
businesses are falling into
the trap of only focusing on protecting highly sensitive data,
such as personal information and records, and forgetting about low-sensitive
data. This includes marketing materials and data intended for public use, which
can still be valuable.
helpnetsecurity.com
American companies too vulnerable to attacks like MGM hack
Hackers tied to Las Vegas attacks known for sweet-talking way into company
systems |
|
|
|
|
|
|
In this special Travel edition of Tom's Tek Tips, Tom Meehan, CFI
will cover essential cybersecurity and tech tips to get the most out
of your tech while staying secure amidst traveling and the upcoming
fall trade show season.
Tip #3 - Utilize Travel Apps: Many apps are tailored for
travel, offering functions like itinerary management, local
recommendations, or language translation. Apps like TripIt or Google
Translate can be invaluable aids while you're abroad. Research and
download these before your trip to enhance your travel experience.
Watch this space every
Tuesday for more of
'Tom's Tek Tips - Travel Edition' |
|
|
|
|
|
70% of Online Consumers Quit Searches Without
Making Purchase
Can AI push
consumers toward the checkout page?
Will AI Take Online Product Search to Another Level?
A crop of AI-powered product discovery startups have arrived, including
Lily AI, Pixyle.ai, Syte,
ViSenze, and Vue.ai, to better match text and visual online product searches
with what consumers are actually looking for.
Lily
AI’s sophisticated algorithms, for instance, help link colloquial consumer
searches typed in search bars — such as “quiet luxury,” “study hall,” or “boho
chic” — to stock descriptions of goods, such as “midnight french terry active
wear,” according to a
profile in the New York Times.
The article notes that an estimated
70% of
consumers quit their searches without making a purchase.
“It starts with understanding the language of the customer, and realizing
just how poorly served they
are in the online shopping experience today,”
said Purva Gupta, Lily AI’s co-founder and CEO, in an
interview with Center for Data Innovation. “Products are often put on
shelves with legacy, ‘out-of-the-box’ attributes that come directly from
manufacturers and distributors, and that don’t capture the nuance and detail
that shoppers actually use when they’re looking for relevant products that match
their needs.”
Macy’s, Bloomingdale’s,
Gap Inc. brands, Abercrombie & Fitch, and thredUP are among Lily AI’s customers.
Pixyle.ai, which works with online marketplaces such as Depop and Otrium,
offers a visual search tool
that lets consumers upload an image of what they are looking for and get similar
results.
Pixyle.ai’s neural networks train its AI algorithms to not only identify but
categorize fashion items by attribute, such as color or pattern, that match the
keywords shoppers use when searching for an item.
Pixyle.ai notes in its
marketing copy,
“No words can describe
an abstract pattern of a fashion item the same way an image can.”
The AI advances in product search come as
Microsoft
and
Google both in February introduced ChatGPT-style chatbot
products that led to
speculation about how the technology would elevate online search.
retailwire.com
Apple is the Most Valuable Company in History
Study: Amazon is world’s fifth largest company by market cap
The top 10 includes seven technology companies, including Apple, Amazon and
Tesla 10
Apple tops the ranking,
which was commissioned by City Index, with a market cap of $3.03 trillion,
followed by Microsoft ($2.51
trillion), Saudi Aramco ($2.08 trillion), Alphabet/Google ($1.52 trillion) and
Amazon ($1.34 trillion).
Rounding out the top 10: Nvidia ($1.05 trillion), Tesla ($886.8 billion),
Berkshire Hathaway ($753.1 billion), Meta/Facebook ($733.1 billion) and Taiwan
Semiconductor Manufacturing ($534.9 billion).
City Index noted
that Apple, with its
market cap of $3.03 trillion, is the most valuable company in history.
It was the biggest company in the world for most of the 2010s, and in 2018
became the first U.S .company to surpass $1 trillion in value. It then surpassed
$2 trillion two years later.
City Index also studied the biggest companies in 1980 and 2000 by market cap to
establish how the stock markets have changed in the last 40 years.
chainstoreage.com
AI and E-commerce: Simplifying the Sales Process
How Gen Z envisions AI improving e-commerce |
|
|
|
|
|
|
|
Detroit, MI: Detroit man arraigned for alleged $80,000 organized retail theft
A Detroit man was arraigned on organized retail fraud charges for allegedly
stealing $80,000 of merchandise from Sam’s Clubs in Michigan. Kevin Tansil, 64
of Detroit, was arraigned before Judge Vikki Bayeh Haley in the 67th District
Court in Grand Blanc on five counts of organized retail fraud for his role in an
alleged theft and resale ring targeting Sam’s Club stores across mid- and
southeast Michigan, Attorney General Dana Nessel said.
In April, Michigan State Police and Sam’s Club investigators began observing a
group entering Sam’s Club locations and conducting “push-out” thefts, whereby
people push carts loaded with merchandise out the front door without paying.
Tansil allegedly stole bottled
liquor, electronic equipment and seafood from Sam’s Clubs in Auburn Hills, Grand
Blanc, Lansing and Ypsilanti and planned to resell the products. Nessel’s
new organized retail crime unit worked with the Michigan State Police to stop
organized retail crime with the intent to resell in either legitimate or
illegitimate marketplaces.
"Our FORCE Team and the
Organized Retail Crime Unit are working hand in hand with retail companies to
investigate and prosecute these coordinated theft and resale schemes,” Nessel
said in a statement. “In only its first year of operation, the FORCE Team has
already brought multiple charges against the operators of these often
sophisticated crime rings that cost Michigan retailers millions of dollars every
year.”
iosconews.com
Johnstown, PA: Man allegedly used 175 credit cards to defraud stores
A Johnstown man is in prison after he allegedly used over 175 credit cards to
commit fraud. Jesse Fields, 35, is facing 875 charges after he would allegedly
place orders with stores like Walmart and then claim that items were missing to
have his purchase refunded, according to a report from the Richland Township
Police Department. On Sept. 1 officers went to the Wal-Mart on Centre Drive
after they received a call from their loss prevention employee. The employee
told officers that a man, later identified as Fields, had been submitting online
orders and then calling corporate to allegedly say that items were missing.
According to the complaint, Fields had been using numerous names to place their
orders as well as different credit cards. Over 175 different credit cards had
been used to purchase items, according to the complaint.
wtaj.com
Hinsdale, IL: Police seek suspect in store robbery
Hinsdale Police are searching for two suspects in a robbery turned manhunt on
Chicago's west wide. Police allege the suspects robbed a Verizon Wireless store
for around $37,000. One suspect is in custody, with the other still on the run.
hometownregister.com
Louisville, KY: Police arrest man suspected of shoplifting $1000 of tools from
Menards on Preston Highway
Memphis, TN: Police looking for two suspects they say took $800 worth of laundry
detergent
Booneville, MS: Police charge Corinth woman with felony shoplifting; seeking 2nd
suspect
|
|
|
|
|
|
|
|
Shootings & Deaths
Harris County, TX: Man fatally shot after returning from corner store
The Harris County Sheriff's Office is investigating after a man was shot
multiple times and later died on Monday afternoon, officials said. According to
authorities, the shooting occurred in the 15000 block of Blue Ash, around 4 p.m.
When authorities arrived, they found a man with multiple gunshot wounds. The man
was taken to a nearby trauma center where he later died. Officials said
preliminary information revealed that the man was a corner store down the road
for a short time before the shooting. Authorities stated the man was returning
from the store when he was shot multiple times.
fox26houston.com
Macon, GA: 'It's been frustrating for years and years': Fourth death at Macon
gas station in three years
One Bibb County leader says the violence at an East Macon gas station has to
stop. On Saturday, 23-year-old
Jamon Jackson was shot at the Quick Serve on Emery Highway and died at a
hospital. But the death of Jackson marks the fourth death in less than three
years at the Quick Serve. For people who live near the gas station, some say
they are terrified of going there. In 2021, 27-year-old Gregory Watkins Jr. was
shot several times inside the store. Last year, the man's family filed a
wrongful death suit against the store owners. In 2022, two men — 30-year-old
Trey Smith and 27-year-old Debarius Sanford — were shot and killed there. “It's
been frustrating for years and years,” Bibb Commissioner Elaine Lucas said. She
says the frequent gun violence at the Quick Service is hurting the neighborhood.
“There's a certain fear that people are developing because they don't know what
store or business to go into,” she explained. Some people who live nearby told
me that they hear gunshots at all hours of the day, there's gang activity and
they don’t leave their homes when it gets dark. “Apparently someone in the
community has decided that this is the place where they're gonna settle their
disagreements,” Lucas said. She says law enforcement is working on finding the
root of violence.
13wmaz.com
San Antonio, TX: Shoppers run out of Walmart after shootout between police and
murder suspect
A shootout between law
enforcement and a wanted man sent shoppers at a northwest-side Walmart
running for cover Saturday night. Now,
Texas Rangers are
investigating. "It was very scary. My heart was beating, I was shaking,
it was very scary. I never thought something like this would happen, especially
at a Walmart," said Brandie Avila. Avila described the moments she and her
family heard gunshots ring out at the Walmart at 8030 Bandera Road. "When I
heard the first one, it just sounded like a loud bang like something had fell,
but then I heard it again back to back. I was like no that's gunshots let's go.
I grabbed my son and we ran out of there. I fell with my little one, luckily my
other son picked him up, and we just ran out the back door," Avila said.
This all unfolded Saturday night, just before 9 p.m. An affidavit states that
witnesses in Bandera County said that
Andrew Harrison Lester shot
and killed Amber Nicole Ashlaw and left the scene on a motorcycle. The
suspect was on a motorcycle and tried to get away from Bandera County Deputies.
Multiple law enforcement agencies joined the chase that ended at the Walmart.
The affidavit says Lester rode the motorcycle into the Walmart and fired a shot
inside the store before a deputy shot him. "They told us don't look back, just
keep running. We went through the back. There's a walking trail in the back.
They said just keep going, because we didn't know if the shooter was following
us," Avila said. Avila says she is just thankful, her family was able to make it
out of the Walmart safely.
"Everyone was just running
out. Workers running out, everyone just trying to grab their loved ones and run
out as fast as they can," said Avila. Texas Rangers were called into
investigate the shooting.
kens5.com
Memphis, TN: Shots fired at Frayser McDonald’s
Memphis Police responded to reports of shots fired at a McDonald’s in Frayser.
Memphis Police responded to the McDonald’s on Frayser Boulevard near Range Line
Road at around 7:12 p.m. Sunday night. Police say no one was injured. McDonald’s
owner and operator Alex Pina released a statement on the incident. “Our
thoughts and prayers are with those involved, and we are thankful that no one
was injured in this incident. The safety and well-being of our crew, customers
and the community remains our priority, and we are fully cooperating with local
law enforcement in their ongoing investigation.” There is no word on whether
anyone was arrested or detained.
news.yahoo.com
Huntington Beach, CA: 1 Wounded In Shooting At OC Jack-In-The-Box
One person was wounded during a shooting outside a Huntington Beach fast food
restaurant, authorities said Monday. The shooting occurred about 11 p.m. Sunday
at the Jack in the Box on Beach Boulevard and MacDonalds Drive, the Huntington
Beach Police Department's Jessica Cuchilla told City News Service. Paramedics
took the victim to a hospital with injuries not believed life-threatening,
Cuchilla said.
patch.com
Memphis, TN: Man, dog shot outside gas station near Overton Park
Robberies,
Incidents & Thefts
Normandy Park, WA: Police search for 6 after brutal assault, robbery at gas
station captured on video
A
woman is recovering after being brutally assaulted during a gas station robbery
in Normandy Park. It all happened Friday around 9 p.m. at the Friendly Normandy
Market. Leah Johnston is a cashier at the gas station, surveillance video shows
her getting hit multiple times and kicked to the ground. “Once he started
hitting me I pretty much just went into defense mode and I really didn’t see
anything after that,” said Johnston. Normandy Park Police Chief Dan Yourkoski
said they’re looking for six male suspects. In the video, they can be seen
wearing all black and face masks. Police said all six suspects arrived and took
off in two stolen vehicles, a Kia and Hyundai. Both cars have been recovered,
according to police. Johnston said the suspects were inside the store for about
four minutes. She added the suspects took around $100 in cash and handfuls of
merchandise from the cigarette case.
komonews.com
Delta worker accused of stealing $258K in bag from JFK Airport cleared by jury
A former Delta Airlines worker and his friend accused of stealing a bag
containing more than $258,000 from JFK Airport were cleared in the heist on
Monday. It took less than an hour of for a Brooklyn federal court jury to
deliver the not-guilty verdict for ex-Delta ground services worker Quincy Thorpe
and his pal, Emanuel Asuquo Okon, following a three-day trial in which
prosecutors tried to pin the Sept. 24, 2019 theft on the pair. “It’s the right
thing to do – have a good night,” one juror told The Post in a courthouse
hallway. Thorpe and Okon would have each faced up to 10 years in prison if
convicted of snatching the loot – which the feds have not recovered. “We’ll go
look for it now,” Thorpe joked as he left the courthouse with Okon and their
attorneys. Prosecutors had relied heavily on grainy surveillance video from JFK
that allegedly showed the step-by-step plan of Thorpe, then a 22-year airline
employee, who was working on the tarmac and was responsible for loading onto
Delta Flight 1225 eight bags of US and foreign cash that came from a cruise
ship. But the mountain of footage – and prosecutors’ allegations that the Thorpe
and Okon “made a tremendous mistake” by leaving behind evidence in a getaway car
– didn’t seem to persuade the jurors. “The videos worked against them. It just
didn’t show what they claimed that the video showed,” Thorpe’s attorney Lonnie
Hart Jr., said after the verdict was delivered.
nypost.com
|
|
•
Auto – Stanislaus
County, CA – Burglary
•
C-Store – Macon, GA –
Armed Robbery / Cashier killed
•
C-Store – Normandy
Park, WA – Robbery
•
C-Store – Houston, TX
– Armed Robbery
•
C-Store – Calvert
County, MD – Armed Robbery
•
C-Store – Hampton, VA
– Robbery
•
Dollar – Meridian, MS
- Armed Robbery
•
Dollar – Memphis, TN –
Robbery
•
Gas Station – Memphis,
TN – Armed Robbery
•
Grocery – Elmhurst, IL
– Burglary
• Jewelry – Aurora, CO
– Robbery
• Jewelry – Tampa, FL –
Robbery
• Jewelry – Bloomfield,
CO – Robbery
• Jewelry - Culver
City, CA – Robbery
• Jewelry – Roseville,
MI – Robbery
• Jewelry – Cabazon, CA
– Armed Robbery
•
Restaurant – Portland,
OR - Robbery
•
Restaurant – Memphis,
TN – Armed Robbery
Daily Totals:
• 16 robberies
• 2 burglaries
• 1 shooting
• 1 killed |
Click to enlarge map
|
|
|
|
|
None to report.
|
Submit Your New Hires/Promotions or New
Position
See all the Industry Movement |
|
|
|
Feature Your Job Here For 30 Days -
70% Aren't On The Boards
Post your job listing |
|
Featured Job Spotlights
An Industry Obligation - Staffing
'Best in Class' Teams
Every one has a role to play in
building an industry.
Filled your job? Any good candidates left over?
Help Your
Colleagues - Your Industry - Build
a 'Best in Class' Community
Refer the Best & Build the Best
Quality - Diversity - Industry Obligation
Security Director
Chicago, IL - posted
September 7
Reporting to the VP of Corporate Security, the Director of Corporate Security is
a professional security practitioner that acts as an advisor/consultant to the
assigned Property Management Group. Responsibilities include monitoring security
vendors' performance, evaluating for contract compliance, and serving as a
program quality control manager...
District Asset Protection Manager
Washington, DC - posted
August 31
The MidAtlantic Division has an opening for a District Asset Protection Manager
in Northern Virginia. This person will support Fairfax, Arlington, and Loudoun
counties. This is a salary role with up to 70% travel within the assigned
district. District Asset Protection Manager will provide positive/proactive
leadership, and instruction in the area of Security/Asset Protection...
Regional Manager, Asset Protection - Southeast
Georgia or Louisiana
- posted
August 7
In this role, you will embody Do The Right Thing by protecting People, Assets,
and Brands. You will work in an energized, fast paced environment focused on
creating a safe environment for our employees, teams, and customers; this is
critical to driving our Brand Power, Enduring Customer Relationships, and
exuding our commitment to Team and Values...
Corporate & Supply Chain Asset Protection Leader
Quincy, MA - posted
August 3
The primary purpose of this position is to manage the Corporate Asset Protection
function for all US Support Offices and Supply Chain. Direct team in the design,
implementation and management of physical security processes and equipment to
ensure facilities are considered a safe and secure environment for all
associates and external parties...
Occupational Health & Safety Manager
Mount Horeb, WI - posted
July 27
This role is responsible for examining the workplace for environmental or
physical factors that could affect employee or guest health, safety, comfort,
and performance. This role is also responsible for reducing the frequency and
severity of accidents. To be successful in the role, you will need to work
closely with management, employees, and relevant regulatory bodies...
Loss Prevention Auditor and Fraud Detection Analyst
Boston, MA - posted
July 7
As a LP Auditor and Fraud Detection Analyst for Staples, you will conduct LP
operational field audits remote, virtual and in person, within a base of 60
retail stores to ensure compliance to operational standards to drive operational
excellence and preserve profitability. You will also train store managers on
Key-Holder responsibilities, Inventory Control standards, Cash Office
procedures, Protection Standards, Safety and Fraud trends...
Manager, Physical Security
Jacksonville, FL - posted
July 7
Responsible for overseeing all aspects of the company's physical security
strategy for retail stores, warehouses, and store support center and field
offices. This includes responsibility for the capital expense and repair
budgets, developing written specifications, layout and design for all systems
and to ensure all installations and repairs are made to SEG standards...
Regional AP Mgr - South FL Market - Bilingual required
Miami, FL - posted
August 8
Responsible for managing asset protection programs designed to minimize shrink,
associate and customer liability accidents, bad check and cash loss, and safety
incidents for stores within assigned region. This position will develop the
framework for the groups' response to critical incidents, investigative needs,
safety concerns and regulatory agency visits...
Regional Director, LP & Safety (Midwest)
MN, MO, IL, KS, WI, MI, IN, or
WA - posted
June 27
We are looking for a Regional Director of Loss Prevention to join us in MN, MO,
IL, KS, WI, MI, IN, or WA. You will develop, execute, and maintain shrink and
shrink compliance initiatives. You will also conduct internal and external field
investigations, loss control auditing, store safety programs, and compliance
programs and audits...
|
|
Featured Jobs
To apply to any of today's Featured Jobs,
Click Here
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Being engaged in the business of your retailer is a critical element for every
Loss Prevention executive. For decades, our industry has often been accused of
being silo'ed and separate from the operators and the merchants. This
separateness in many cases ultimately leads to a disconnect, a sense that we
aren't part of the team. Which in actuality, regardless of your performance, it
can lead to your job being eliminated or just you being replaced with someone
new. So the real question is: How do you become engaged in the business and
truly add value to the company's success beyond reducing shrink? And then having
the courage to go make it happen. We all tend to stay in our comfort zones and
remain safe. At least that's what we think. But at the end of the day, it's that
comfort zone that can actually increase your risk. So the next time you're in a
corporate meeting or traveling stores with your operators or merchants, go
beyond with your comments and opinions - take a risk - add some value - help
them run the business - you might be surprised.
Just a Thought, Gus
|
Post Your Tip or Advice!
(content subject to approval) |
|
|
See More Events |
Recruiting? Get your job e-mailed to
everyone... everyday Post on our
Featured Jobs Board! |
|
Not getting the Daily?
Is it ending up in
your spam folder?
Please make sure to add d-ddaily@downing-downing.com to your contact list, address book, trusted sender
list, and/or company whitelist to ensure you receive our newsletter.
Want to know how?
Read Here
|
|
36615 Vine Street, Suite 103 Willoughby, OH 44094
440.942.0671 copyright 2009-2019 all rights reserved globally |