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News Brief - Sponsored by WG Security Products
 

Toys R Us donates $1 million to Hurricane Sandy New Jersey Relief Fund.
The Wayne, New Jersey based retailer is teaming up with New Jersey’s Governor Chris Christie to assist in rebuilding the Garden State. Toys R Us has over 4000 employees who work and live in New Jersey. Jerry Storch, chairman and CEO, Toys R Us, Inc. said “We take very seriously our responsibility to be a caring neighbor in the communities we serve, and hope this donation to the Hurricane Sandy New Jersey Relief Fund will help provide assistance and comfort to the many children and families who were impacted by this disaster.” (Source chainstoreage.com)

US Banks asking for government help fighting cyberattacks.
Banks are spending millions of dollars each year to protect both profits and customers from cyberattacks. The latest threat seems to be from Iran, but their government denies the claim. PNC Financial Services Group, SunTrust Banks and BB&T are a few of the banks being affected and asking the U.S. government to assist or seek some type of diplomatic solution. (Source csoonline.com)

NCR makes a deal with PayPal.
NCR will broaden their mobile technology application to include PayPal as a payment option in retail, restraint and hospitality locations. The combined effort between NCR and PayPal will start with the integration of PayPal into NCR’s Aloha Online Ordering, already established in over 60,000 restaurants.  (Source chainstoreage.com)

New ATMS now dispense exact change to the dollar.
Chase and PNC both have new ATMS which allow customers to withdraw denominations as low as $1-5. Chase began rolling out the ATMS about 18 months ago and currently has 350-400, with an expectation to double the number by the end of the year. The new machines are also able to dispense coins, but the service is not currently available.  (Source cnn.com)

Walmart to open on Georgia Tech campus.
The first mini Walmart location opened on the campus of University of Arkansas back in 2011, and Georgia Tech will open this spring. The Walmart will be a 2500 square foot convenience store and will be Walmart’s smallest unit in the country. (Source chainstoreage.com)

UK’s Lidl to create 1000 new jobs in 2013.
The German global supermarket chain currently has 600 stores in the UK, with hopes to open 35 to 50 new stores in 2013. (Source uknetguide.co.uk)

14 retailers named in Fortune’s 2013 Top 100 Companies to work for.

 #5 Wegmans, #16 The Container Store and #17 REI top the list.
(Source cnn.com)

Pearle Vision targeting Florida, Ohio and Michigan for growth.
Pearle Vision announced its 2013 U.S. expansion plans, which includes the re-licensing of 34 locations in 10 states. With more than 520 eye care centers in the United States, Pearle Vision is now seeking to grow its national footprint and has identified Florida, Ohio, and Michigan as the first markets for its aggressive re-licensing effort. (Source heraldonline.com)

Meijer names new president, youngest in company’s history.
Meijer has named J.K. Symancyk president of the company, effective Feb. 3. Symancyk was named COO of Meijer last year. Symancyk is a graduate of the University of Arkansas; following graduation started a 12 year career with Walmart. Symancyk left Sam’s Club where he had risen to divisional merchandise manager over fresh foods to be Meijer’s vice president over perishables. In just over a year, Symancyk was promoted to executive vice president of merchandise, overseeing the merchandising and marketing teams. (Source mlive.com)

K-Swiss brand sold to E.Land World Ltd of South Korea for $170 million.
K-Swiss Inc. rallied 48% in premarket trades on Thursday after the Van Nuys, Calif., sneaker maker agreed to be purchased by Korean conglomerate E.Land Group in a deal valued at $170 million. K-Swiss shareholders will receive $4.75 a share in cash for each share of the company. The merger is expected to close in the second quarter. K-Swiss got its start more than 40 years ago with the first all-leather tennis shoe in 1966. (Source bloomberg.com)

Nordstrom Rack robbery suspect now charged with two counts of forcible rape.
Raymond Sherman was believed to be the most violent of the three suspects in the Nordstrom Rack robbery last week in Westchester, California where 14 hostages were taken. Sherman will also stand trail on charges of rape, kidnapping and assault with a deadly weapon. (Source latimes.com)


Truckload of counterfeit merchandise seized in Southern Utah. Three men were arrested Monday in Southern Utah by US Customs Enforcement agents, but have been released. The undercover operation transpired around 6 a.m. in the parking lot of the city’s Walmart store where agents with ICEs Homeland Security Investigations had scheduled a meet with suspected traffickers. (Source kutv.com)


Four men face 60 charges in cargo theft from Australian shipyard.
Four men were arrested and charged with the theft of at least $150,000 worth of tires from the Chipping Norton facility. (Source theaustralian.com.au)

Newly released video shows CVS shoplifting suspect’s death for stealing toothpaste. (Warning violent video) CVS claimed in 2010 that the store manager who was trying to apprehend a shoplifting suspect was acting in self defense. The suspect was approached in the alley near the store by a store manager and a fellow associate; it appears that after several minutes of a struggle the suspect died. Police had ruled the death as accidental, but his mother has filed a lawsuit against CVS and now a U.S. congressman is calling for a special investigation. (Source dnainfo.com)


Jewelry store owner scares off three armed suspects in North Fair Oaks, California. Three masked, armed men entered Plaza Jewelers but the owner saw them coming and grabbed his own gun. Once the owner cocked his gun the suspects made a very quick exit. Two of the three suspects were capture later that day by San Mateo County sheriff's deputies. (Source mercurynews.com)



Rosenberg, Texas RadioShack robbed by three masked suspects.
No reports of injuries during the robbery, but the three armed men did escape with an undetermined amount of cash and merchandise. Police have recovered the van used in the escape, but the three suspects are still at large. (Source myfoxhouston.com)

Two thieves pull off the biggest ever jewelry heist in Scotland, nearly $2 million (usd) in diamonds and watches stolen.
ROX in Edinburgh opened only four months ago and its opening was attended by several television and music personalities. The two armed robbers, one with a gun and the other with an axe, entered and began to smash out showcases. No one was injured. (Source deadlinenews.co.uk)

California based Rapper arrested with 5 others for credit card Fraud and identity theft.
Charles Tony Williamson, aka “Guerilla Black” was arrested yesterday in Manhattan Beach with five others for bank fraud, aggravated identity theft and fraud in connection with computers, access device fraud, use of stolen credit card accounts, receiving stolen property and conspiracy. Authorities say those operations were taking in nearly $20,000 per month. (Source abclocal.go.com)



Hawaiian Identity Theft Ringleader sentenced to 20 years.
Pyong Pak was first arrested for identity theft in 2001 and served 8 years for the crime. Upon getting out of prison he started an identity theft ring and now faces 70 counts and 20 years. Pak served in the U.S. Army during the Gulf War in the early 1990's and was decorated for his service. His attorney says his client suffers from Post Traumatic Stress Disorder and battles drug addiction. (Source khon2.com)
 

 


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PayPal Announces 2013 Q4 & Annual Results - Great Profit Growth

eBay Inc finished last year with a flourish as bargain-hunting holiday shoppers flocked to its Internet shopping mall and digital payment service to help lift the company's fourth-quarter earnings above analyst projections. The results announced served as the exclamation point on the best year yet for eBay Inc., an e-commerce pioneer founded in 1995 when the concept of buying merchandise online seemed absurd. The company, based says its mobile applications have been downloaded on to more than 120 million devices, putting its services in easy reach of consumers even as they peruse the aisle of brick-and-mortar stores. "Mobile is quickly becoming the new normal, and we are leading this new way consumers shop and pay," eBay CEO John Donahoe told investors during a Wednesday conference call. He predicted that PayPal and eBay's marketplaces division, where most of eBay's shopping activity occurs, will each process more than $20 billion in mobile transactions this year. EBay is now trying to extend PayPal's reach offline. The company already has struck agreements with 23 retailers, including Abercrombie & Fitch, Barnes & Noble, RadioShack and Home Depot, to accept PayPal in their stores. Beginning this spring, PayPal also will be accepted at retailers that take the Discover card. "EBay is back in a big way now," Donahoe said during a Wednesday interview. Click here to read the full article.

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Target the target of a multi-county shoplifting spree.
Torral Scott of Queens, New York, is charged with stealing more than $30,000 worth of items such as computer hard drives, and ink cartridges. The thefts occurred at several Target stores in Pennsylvania, including Berks, Lehigh, Monroe and Northampton counties.  (Source wfmz.com)


Myrtle Beach Walmart shoplifter accused of stealing $15,000 of merchandise. 
Horry County Law Enforcement is searching for Michael Steven Knarr, who is believed to have used several phony disguises in his attempts to hit several Walmart stores in the area. Deputies have one warrant out for Knarr and believe he lives in the Columbia area. Knarr is accused of stealing Beats headphones, Playstation 3 Gaming Systems, video games, fishing reels and several items of clothing. (Source wbtw.com)

Providence father uses toddler to shoplift. 
The father of a 17-month-old boy used the stroller to steal 17 bottles of perfume from a Shoppers Drug Mart store in Providence, (Vancouver) British Columbia. Among the items recovered by police, a notebook with a shopping list of the items he was told to steal, along with a phone number of a possible fence of the merchandise. (Source theprovince.com)
 

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Tyco Retail SolutionsTop Retailers Continue to Deploy RFID Solutions from Tyco



Tyco Retail Solution’s RFID Inventory Intelligence Solutions Installed at More than 1,000 Stores

New York, NY – NRF Big Show 2013 Booth #2611 – January 14, 2012 – Tyco Retail Solutions (www.tycoretailsolutions.com), a leading global provider of retail performance and security solutions, continues to play a leading role in the market in retail RFID implementations. From tags to readers, software to professional services, Tyco Retail Solutions offers comprehensive RFID solutions to help top retailers turn technology innovation into tangible business value. Tyco’s RFID solutions are installed today at more than 1,000 retail stores, providing critical item-level data and insights at both the store and the enterprise level. The company is on track to double the number of store locations implementing RFID by fall 2013 based on deployments currently underway. To learn more about Tyco Retail Solutions innovative RFID applications visit Tyco at the 2013 NRF Big Show (booth #2611) or visit www.tycoretailsolutions.com.

Retailers are under intense pressure to grow revenues while managing the bottom line and providing customers with a better in-store experience. Real-time access to item-level data has become a critical component to achieve those objectives. Tyco’s RFID-based Inventory Intelligence solutions provide retailers with the insights they need to ensure inventory availability regardless of how the customer chooses to shop or receive goods. Retailers can gain visibility into inventory location across the enterprise to quickly and efficiently satisfy shopper demand.

IHL Group’s Greg Buzek stated in December of 2012, “One technology that is finally going mainstream is item-level RFID. One could argue that RFID is the key to doing cross-channel merchandising effectively. Without it shipping from stores is simply not reliable enough to trust. For many retailers, inventory accuracy is off by as much as 25%. RFID brings a promise of 95% to 97% inventory accuracy.” As demand steadily increases, Tyco is expecting to ship 750 million Sensormatic brand RFID tags (with the ability to be re-circulated) by the fall of 2013. During the same period, Sensormatic RFID device shipments are expected to grow over 250%.

“Industry experts and retailers agree the market for RFID has reached a tipping point. As the global standards and technology have evolved, pricing options have become more attractive and retailers are realizing RFID can deliver compelling benefits to the store and to the enterprise,” said Nancy Chisholm, vice president and general manager, Tyco Retail Solutions. “We have been at the forefront of RFID from the very start, helping pioneering retailers implement solutions that drive real-world value and performance. Our breadth of offerings and commitment to innovation has driven top retailers across the globe to partner with us for RFID and other retail performance solutions.”

To learn more about how Tyco Retail Solutions helps retailers leverage RFID for item-level inventory visibility please read our case study at http://bit.ly/TSlixo.

Contact:

Jim Caudill
Tyco Retail Solutions
+1 (561) 912-6066
jcaudill@tycoint.com
Sarah Murray
Attune Communications
+1 (781) 378-2674
sarah@attunecommunications.com

 

Thought Challenge
 


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"Personal Development: The battle to stay relevant"

By Brad Reeves
Manager of Field Asset Protection
The Great Atlantic & Pacific Tea Company

as published on August 1, 2012


Through my years in the loss prevention industry I have seen many things come and go. Unfortunately at times it has been people; and good people. At other times it has been more ambiguous elements such as an entire organization reputation, credibility or influence. Why does this happen? Well, there are many moving parts to the answer, but one of those parts is: development, or should I say the lack there of.

I just gave a very brief review of things that I have seen go. Well something that definitely comes and will always be around the corner is change: Change is constant. So in the battle to stay relevant we must arm ourselves with the weapon of development. There are so many dynamics when it comes to the topic of development, but a few challenges I would pose would be:

· Does your organization have a commitment to development?
· Is the program well rounded, autonomous, a priority?
· Do you as an individual have a commitment to development?
· What is the last thing you did to develop yourself?

Have you ever worked with someone that was a good guy but just kind of didn't get it? Perhaps this individual was a real warrior, day to day or old school. Our environment needs leaders. To be a leader one needs to be equipped with a unique set of skills. To get those skills we need development. Sure there is natural talent out there, but even the best talent needs work like enhancing, practice or learning new things.

Two examples of personal development would be technical skills and leadership skills. The first could be industry or company specific, such as CCTV, various store operations or specific company loss prevention operations. The latter includes a few of a lengthy list such as conflict management, motivation, communication, teamwork, and influence. The equation is simple: Development will help individuals become better employees; better employees create great organizations and great organizations equal excellent companies. Without development we cannot react to change. We cannot improve or do more with less or stay relevant in the war of business.

Times now more than ever require a more refined, enhanced and professional individual. The old days of simply clocking in and chasing shoplifters down the road have been long gone. The new days of maintaining P & L, determining ROI, shortage control, establishing a loss prevention organization with strength and influence are here. My question to the nay sayers out there is how many of you know how to do the old days and how many of you know how to do the new days?
 

 

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Director, Loss Prevention REI Kent, WA REI
Global Director of LP Nike, Inc. Portland, OR Nike, Inc.
Director, Loss Prevention Lumber Liquidators Toano, VA Lumber Liquidators
Director, Security Major League Soccer New York, NY Major League Soccer
Director - Loss Prevention Vans Cypress, CA Vans
Mgr, Loss Prevention Office Depot Boca Raton, FL Office Depot
Corporate LP Manager Eddie Bauer Seattle, WA Eddie Bauer
Asset Protection Director Macy's Secaucus, NJ Macy's
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Dir Div LP, Safety & Hazmat Lowe's Moorseville, NC Lowe's
Regional Director, LP Rite Aid Flushing, NY Rite Aid
Asset Protection Mgr Sam's G1 Rome, GA Walmart
Asset Protection Mgr Sam's G1 Birmingham, AL Walmart
Loss Prevention Mgr Macy's Bozeman, MT Macy's
Area LP Mgr Bed Bath & Beyond Nassua County, NY Monster
Sr Business Partner HQ AP Target Minneapolis, MN Target
Executive Team Leader - AP Target Houston, TX Target
Executive Team Leader - AP Target Leesburg, VA Target
District Operations Mgr Home Depot Miami, FL Home Depot
Store AP Mgr Home Depot New Orleans, LA Home Depot
District LP Mgr Big Lots Washington, DC Big Lots
District LP Mgr Big Lots St. Louis, MO Big Lots
District LP Mgr Big Lots Buffalo, NY Big Lots
District LP Mgr Big Lots Seattle, WA Big Lots
 

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Self-Improvement Strategies for Becoming a More Authentic Leader Authentic leadership doesn't come from your title, your social stature, or how much money is on your paycheck. Instead, I believe it comes from how you live and how you impact those around you. (Authentikos)

3 Important Traits You Can Use in Any Job  It takes more than just having education, experience, and a good reference, to land a job. These days, employers want well-rounded people. These people can add value to their team and be successful in almost any position. (The best fit)

4 Questions You Need to Ask Your Team Intelligent leaders don't know everything, but they're smart enough to know what questions to ask. The right questions are the ones that elevate your team's thinking and turns everyone into vested participants instead of passive spectators. (Ask these now)

Steer Clear of To-Do List Icebergs: 6 Tips  Icebergs can cause big problems for sea captains. The reason? What you see on the surface is no indication of what lies beneath. The same can be said about some of the items on your to-do list. Here are some steps to ensure you're not surprised by that to-do list iceberg. (Not like the Titanic)

“Without hard work, nothing grows but weeds.”
― Gordon B. Hinckley
 

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Getting advice from trusted friends, family members, co-workers and former bosses is always a great thing to do and, quite frankly, it can help you to see more clearly. But remember, at the end of the day it's your decision to make and it's your decision that you have to live with. Your friends, co-workers, and former bosses won't be living with the consequences, but your family will be. So you've got to be more sensitive to their advice. Advice is easy to give, hard to follow and almost impossible to live up to. And everyone has a lot of advice to give; it's the easiest thing to give. Just remember, at 5 a.m. after all the advice has been given, the mirror may be where the answer lies.

Just a Thought,

Gus Downing


Gus Downing

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