Why Your "Loss Prevention" Efforts Aren't Working
Editor's Note: This post first published January 2024. It was updated August 2024. Ever since retailers started reporting record losses on quarterly earnings calls in early 2023, my phone has been ringing off the hook. Everyone from asset protection professionals to reporters to my next-door neighbors want to know where things are going wrong. How is so much inventory walking out the door in these stores? Why aren’t thieves being stopped?