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Meijer's rolls out new
Vice President of Asset Protection position
With over 190 stores and 60,000 team members in
five states this "superstore" inventor is now looking
for it's first Vice President of Asset Protection in
it's company's history. This regional player is well
respected and focused on looking at LP exec's who have
grocery experience. With $16.6B in 2011 sales this
retailer is truly making a commitment to the AP
industry. There's not many new frontiers left in our
industry and this may the biggest "new job" of 2013.
Loss Prevention at Apple retail may be in for some
changes with the departure of Apple's VP of Retail
A key player in the birth of Apple’s retail chain and a
potential candidate to lead the retail stores has left
the company. Jerry McDougal, Vice-President of Retail,
said goodbye to his colleagues last Friday. Loss
Prevention reported to him for many years and this is
the second key retail exec to leave Apple recently as
this executive helped build the retail platform with Ron
Johnson, the current CEO at JC Penney. McDougal was
Johnson’s right-hand man from the moment the chain was
conceived in 2000. An Apple spokesman told AllThingsD
that Jim Bean, a 15-year Apple veteran, has moved from
his VP Finance position and assume McDougal’s position.
Now you've got a finance executive running the LP
program and not an operator. Whenever you have such
changes the likely hood of more change is greater.
(Source
ifoapplestore.com)
International identity theft ring of 13 indicted in
Chicago that reached to Russia and Poland and hit
retailers An
international identity theft scheme was halted by the
FBI following an investigation on Friday that dates back
to 2009. The United States Department of Justice
announced that two federal grand jury indictments were
handed down, charging a total of 13 individuals with a
variety of offenses - from scheming to obtaining goods,
cars and money illegally. Among those charged were Peter
Vana, 36, of Skokie, with three counts of wire fraud and
Yaroslav Bolesta, 25, of Northbrook with one count of
wire fraud. The duo is alleged to have participated in
the fraud of purchasing multiple pieces of clothing,
sporting goods, electronics and even vehicles through
the use of identity theft and credit card fraud. All in
all, 24 counts were made against 13 defendants, some of
which were against people from Moscow and Poland.
(Source
patch.com)
The new breed of "bounty hunters" - Third party auditors
- going after suppliers for $1B to $2B annually
The recession caused retailers large and small to look
for ways to improve profit and the third party auditors,
who scour payment records between retailers and their
suppliers looking for pricing errors, freight foul-ups
and other opportunities for lost revenue, have just
"inundated" suppliers with audit claims worldwide. And
some say they've become the new breed bounty hunters
making life as a supplier miserable. Working on a
contingency basis - only getting paid from recoveries
for retailers have become very creative in finding new
claims. Across the entire retail channel, Evert says
there is $1 billion to $2 billion in errors that
suppliers and retailers are trying to recover for
themselves with the help of third party auditors.
(Source
thecitywire.com)
MoneyGram teams up with the International
AntiCounterfeiting Coalition to cut off funds for
counterfeiters worldwide
MoneyGram will participate in the IACC Payment Processor
Portal Program, which is designed to prevent
disreputable merchants from selling counterfeit goods by
disabling certain payment processing channels, such as
MoneyGram money transfers, to these merchants.
(Source
yahoo.com)
The C-Store industry continues to explode, now hitting
149,220 stores in the U.S.
That figures is up 1,094 units from the prior year. The
store count among companies with more than 500 units
grew by 8.9% to 21,738 stores, compared to the less than
1% growth that saw units operated by independents
increase to 93,819 stores. Convenience stores now
account for 34.8% of all retail outlets in the United
States, according to Nielsen, and the total count of
slightly more than 149,000 units is double what it was
in 1982. With 7-Eleven leading the way with over 8,030
stores and growing at a rapid pace, Mark Stinde is
leading the Asset Protection efforts and building the
best in class program in that entire industry.
(Source
retailingtoday.com)
Now down to about 500 U.S. stores how long does
Blockbuster have?
When Dish Network bought them in 2011 they had 1,700 and
closed 500 last year alone. They also came to the market
shortly after the purchase and were going to fill a new
Director of LP position and backed off within three
months. Never to approach that one again. With a
skeleton LP team they won't be around much longer. It'll
be surprising if they make it to 2014.
(Source
retailingtoday.com)
Fresh & Easy continues to have problems with prosecutors
fining them $833,136 for overcharging at the registers
On the block for sale, closing stores, eliminating most
of the LP department last year this retailer just can't
get a break. Prosecutors alleged that Fresh & Easy had
charged customers more at checkout for certain products
than the prices listed on shelves and had marked meat
and seafood packages at a higher price per pound than
indicated on the shelves. Weights and measures officials
in 12 California counties recorded instances of price
fraud during 124 inspections at 82 Fresh & Easy stores.
(Source
supermarketnews.com)
"The popularity and increased adoption of cloud-based
security services will influence the shape of future
security marketplaces," Growth
rates for cloud-based security services are set to
overtake those of traditional on-premises. Security
equipment over the next three years with operational
cost reduction, flexibility of deployment across
multiple IT environments, and fast implementation and
product updates among major factors driving demand. Are
you in the cloud yet? It's here and it's more cost
effective. (Source
net-security.org)
70% of exploit kits released or developed in Russia -
the center of Cybercrime
Russia's notoriety as a home for cybercriminals was
highlighted in the conviction of the creator of the
infamous Gozi malware and a new report that found the
majority of exploit kits were built in the country. On
Wednesday, federal prosecutors in New York unsealed an
indictment that charged Russian national Nikita Kuzmin
with creating the Gozi Trojan. The malware infected more
than 1 million computers globally and led to 10s of
millions of dollars in losses at several major U.S.
banks. Russia is home to some of the world's most
notorious malware writers and distributors. Lax law
enforcement and an economy favoring the wealthy have
pushed many computer programmers underground. A large
number of the developers build the malware and then sell
or rent it to others. (Source
csoonline.com)
The new ID theft scheme - flood your inbox to distract
you from valid emails confirming purchases or balance
transfers from fraudulent transactions
The victims' email inboxes suddenly get flooded with
thousands upon thousands of emails, as many as 60,000
during a 12- to 24-hour period, that contain no links,
no graphics, and no advertisements. "[The contents are]
nothing but mash-ups of words and phrases from
literature." Although the attack, while under way, makes
it almost impossible to use one's email account, the
real point is to distract the user from valid email,
which will likely include confirmations of purchase
receipts or balance transfers from fraudulent
transactions made with the victim's credentials.
(Source
csoonline.com)
Three women hitting stores at Towne Center in Mount
Pleasant, N.C. hit policeman with car and lead cops on
20 mile chase A Mount
Pleasant police officer was investigating reports of
thefts at several stores at the Towne Centre shopping
center when she spotted three women matching the
description of the suspects about 2:15 p.m. and tried to
detain them. The women knocked the officer over as they
sped away in a silver car, police said. Victoria’s
Secret was among the stores the shoplifters reportedly
targeted. More than 20 squad cars from several agencies
joined the chase ending when they crashed into a
residential garage almost hitting the home owner.
(Source
postandcourier.com)
Longmont, Colorado, police standoff with suicidal
Walmart robbery suspect ends peacefully
19-year-old Longmont man held
police at bay, at times with a gun pointed against his
neck, for nearly 90 minutes Tuesday night after
robbing Walmart of ammunition. An employee in the
sporting goods department said a man with a black
handgun took a box of 9 mm ammunition.
(Source
dailycamera.com)
Florida Police Bust Cargo Truck Theft Ring responsible
for every truck theft in Florida last year except one
Five people have been arrested by Jacksonville police
and at least two others are in custody elsewhere in
Florida in an investigation into a statewide truck theft
ring. Police said the suspects took between 20 and 25
tractor-trailers in Jacksonville, Nassau County,
Orlando, Tampa and Lakeland. Investigators said the
stolen goods were being shipped to Miami. "In October,
we, in conjunction with six other law enforcement
agencies throughout the state, started a cargo theft
task force," Jacksonville Sheriff's Office spokeswoman
Melissa Bujeda said. "In that cargo theft task force,
people were watching the individuals." Police said the
theft ring came to a halt on I-95 in Jacksonville when
the suspects were arrested. Police said the suspects
were connected to every truck theft in the state last
year except for one. (Source
officer.com)
12 Luxury Cars Stolen In Smash-And-Grab At Hayward, CA
Dealership
Thieves made off with a dozen high-end vehicles after a
break in at a Hayward car dealership early Monday
morning. (Source
cbslocal.com)
Dothan, Alabama jewelry store loses $85,000 in smash and
grab; police investigating over a dozen burglaries.
In the past several weeks the Circle City area has been
hit with over a dozen break-ins. Yesterday the thieves
took aim at Interco Coin and Jewelry, smashing out
showcases with a brick and made off with 176 jewelry
pieces valued at $85,000. The owner stated to police
that the thieves were inside the store for 10 to 15
seconds. (Source
dothanfirst.com)
Ogden,
Utah jewelry robbery may be tied to robbery in Maine.
No smashing of the showcase for these two suspects.
During store hours with customers and sales staff in the
area, two men cut the glass from the showcase, emptied
the case and disappeared from the Morgan Jewelers in the
Newgate Mall. Police say the operation was identical to
a robbery that occurred during store hours in Maine last
year, getting away with $125,000 in merchandise.
(Source
fox13now.com)
Two
women steal $1600 of testosterone booster from Complete
Nutrition store in Wisconsin.
The Associate was helping another customer when two
middle aged women entered the store and concealed
bottles of testosterone booster valued at $180 a piece.
Police are investigating the theft but currently have
only the video surveillance to go on.
(Source
news8000.com)
Two arrested in Walmart arsons in Baton
Rouge.
Paul Triplett a former Walmart Associate, turned himself
into police and has been charged with two counts of
aggravated arson, two counts of terrorizing and one
count of felony theft, Quinteria Sanders was arrested
later and charged. Triplett and Sanders also have been
arrested and accused of stealing a computer valued at
$900 from the Wal-Mart on Jan. 12, where they allegedly
set one of the fires. Another area Walmart also had a
fire the same morning, in both cases customers were
ushered out of the store by associates. Officials
believe each store sustained about $11,000 in damage.
(Source
fox44.com)
South
Pasadena Police arrest a man after year long credit card
fraud scheme. Feng Xian,
21 drove a Mercedes, had the designer clothing and
jewelry and had no visible means of support. In most
cases, Xian placed his own name on the front of the
credit cards, so they matched his own ID, but coded the
magnetic strips on the back of the cards with
information linked to other people's accounts. Xian is a
Chinese national in the United States on a green card.
(Source
sgvtribune.com)
Seven people enter a Joplin Jewelry store at one time;
store loses $20,000 of merchandise.
A group of seven people entered
Cindi’s Diamonds in the Northpark Mall, they immediately
split into two groups. As the clerk was assisting one
man a second man reached behind the showcase stealing a
tray of rings valued $20,000. The missing merchandise
went unnoticed until the seven people had left the
store. (Source
joplinglobe.com)
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