Loss Prevention

peppers

The Growing Problem of Organic Food Expiration: What AP/LP Professionals Need to Know

Organic foods, particularly produce, have risen in popularity among grocery shoppers throughout the past few years. According to the latest numbers from the Organic Trade Association, organic sales in the United States in 2016 reached about $47 billion, reflecting new sales of almost $3.7 billion—a clear surge as the food market overall remained stagnant. While…

grocery produce

4 Ways Supermarkets Can Build a Shrink Elimination Culture

Supermarket and retail shrink is a battle that may never truly end, but is increasingly being better handled by companies investing themselves in finding new ways to reduce it.

We’ve covered some of the specific tools and strategies supermarkets and retailers are using to win the war on shrink, but this time, we thought we’d step back to consider how leaders can power their shrink elimination efforts by making it a core pillar of their company culture.

large bills

How Grocers Can Address Counterfeit

This post is excerpted from our latest eBook, The Top 5 Asset Protection and Loss Prevention Problems Faced by Supermarkets During the Holiday Season. The use of counterfeit bills increases during the holidays. The large uptick in transactions during the holiday season means that stores can expect a reciprocal increase in customers using counterfeit cash….

prevent fraud

3 Ways Grocers Can Prevent Increased Holiday Fraud

This post is excerpted from our latest eBook, The Top 5 Asset Protection and Loss Prevention Problems Faced by Supermarkets During the Holiday Season. Instances of fraud increase during the holiday season. Fraud is not always easy to catch the moment it happens, but training employees to follow standard procedures and always be vigilant can…

supermarket view

How Grocers Can Manage Untrained and Overwhelmed Holiday Staff

This post is excerpted from our latest eBook, The Top 5 Asset Protection and Loss Prevention Problems Faced by Supermarkets During the Holiday Season. The holidays put an increased burden on existing and seasonal staff and create opportunities for theft by both shoppers and employees. Follow the strategies below to minimize the stress put on…

increase surveillance

4 Actions Grocers Should Take to Reduce Holiday Theft

This post is excerpted from our latest eBook, The Top 5 Asset Protection and Loss Prevention Problems Faced by Supermarkets During the Holiday Season. The holiday season brings more sales for grocers and supermarkets, but also brings a dramatic increase in property crimes and theft including shoplifting. Larger U.S. cities have reported a shocking 45…

How Inventory Cycle Counts Can Help Grocers Reduce Shrink

Roughly 16 percent of retail shrink stems from administrative paperwork errors, according to the latest National Retail Security Survey. While good accounting systems armed with proper protections can prevent costly pricing mistakes due to markups and markdowns, cycle counting your inventory can have a huge impact on shrink numbers as well. This practice, when implemented…

3 Automated Reports Grocers Should Be Sending To Their Department Leaders

As technology makes it easier to both gather data from supermarket operations and pull actionable insight from that data, some grocers are exposing this information to department leaders in each of their stores to drive improvement from the ground up. We sat down with Chad Knutson, Asset Protection Profit Improvement Manager at Wisconsin’s Festival Foods, to…

3 Out-Of-Box Analytics Platforms Grocers Can’t Ignore

It can be hard to stay on top of the latest advancements in grocery store data technology. With recent advancements in CCTV technology and loyalty programs — not to mention the rapidly-changing habits of 21st century consumers — analytics platforms that help inform supermarket business decisions might be pushed to the back burner. If you…

Modern CCTV for Grocery: How New Technology Is Changing Supermarket Video Surveillance

Traditional closed-circuit television (CCTV) systems, while still in use throughout grocery and retail stores, are increasingly being swapped out for more modern networked video tools. The major difference between old and new video systems boils down to the technology itself. While CCTV systems typically transmit signals to one particular set of monitors through wired connections,…