The Loss Prevention Research Council's (LPRC)
7th annual "Impact Conference"

Read Hayes, PhD, CPP
Director- Loss Prevention Research Council
Co-Director- Loss Prevention Research Team, University of Florida


Retail crime and loss continues, meaning more research on problems and countermeasures are sorely needed. The Loss Prevention Research Council (LPRC) just held their 7th annual Impact Conference hosted by member Office Depot this month. Almost 130 leading retail LP and solution provider executives met to discuss recent and ongoing loss prevention/asset protection research. Companies like Toy-R-Us, Walmart, The Home Depot, Advance Auto, Lowes, Pep Boys, CVS, Bloomingdales, SuperValu, Sterling Jewelers, AAFES, Rite-Aid, Publix, Kmart, Meijer, Sears, Barnes and Noble, Walgreens, Abbott Nutrition, Elizabeth Arden, Kroger, AutoZone, TJX, OfficeMax, Proctor and Gamble, T-Mobile, Dick’s, eBay and Best Buy brainstormed together.

The Impact Conference is unique in that it features a series of breakout sessions with teams of similar retailers and their supplier and product partners working through key issues, needs and the implications of field research.

The LPRC currently has over 65 members and is driven by retailers to support their success by conducting rigorous, practical research on their priority issues. This year, the group explored macro-level research using predictive analysis, along with more micro-level research based on large numbers of in-store offender interviews. Breakout groups determined how to use project findings while identifying what they want the LPRC to further focus on in the supply chain and stores with predictive analytics, more internal and external interviews, and randomized field experiments. Ongoing working group breakouts also focused on benefit denial, video analytics, statistical modeling, and packaging innovation.

Visit their website and see how your company can get involved with the LPRC – Real Science. Real Results