Stepped-up security is becoming a cost of doing business in an age of terrorism
- Retailers "recognize their unique responsibility"
Even before the terrorist attacks in Brussels on Tuesday, businesses have been
placing increasing emphasis on security in a tacit acknowledgment that any
place serving a large gathering of people can be a target. "There is a much
broader accepted awareness about the fact that this is now an everyday job. This
is not something you react to," said Michael W. McCormick, executive director of
the Global Business Travel Association.
The preparations could be seen in the swift response around the globe. On
Tuesday, coffee giant Starbucks announced that it was closing all of its stores
in Belgium "until further notice." Several airlines and hotel firms quickly
announced that they would honor last-minute cancellations. In Washington,
meanwhile, organizations of all kinds beefed up their vigilance. Amtrak police,
for instance, alerted its retail partners at Union Station that it was putting
extra precautions in place.
Jim McNulty, executive vice president at security firm Securitas, said corporate
clients have been regularly retooling their operating strategies to gird
themselves for such an environment. "What we're seeing is not necessarily a
ramp-up in spending but a ramp-up in a much more comprehensive and holistic
approach to the security situation," McNulty said. That means, McNulty said,
clients are often expanding their approaches to include services such as mobile
patrol and remote guarding, technologies that he said have improved dramatically
in recent years and that cost far less than they used to.
Retailers, meanwhile, "recognize their unique responsibility" in preparing
for threats and emergencies, said Bob Moraca, the vice president of loss
prevention at the National Retail Federation. "Retailers will remain
vigilant and proactive as they work with each other and domestic and
international law enforcement agencies to bolster their security preparations
after events like what took place in Brussels," Moraca said in a statement.
seconds with... Chris McDonald - Senior Vice President Loss Prevention, Compass
Group North America
What will be the biggest changes in the next three years?
There really isn't anything different in LP than in any other industry;
technology will continue to drive change. Whether it be through POS and
inventory analytics, to better hiring, training, and employee management,
technology will be that driving force. I will go back to my view on the
landscape of LP as I think the ongoing changes that are most interesting to see
is how the industry continues to adapt outside of its previously traditional
roles. What does LP look like in the industrial markets, hospitality industry,
medical world, distribution networks, and so forth? We continue to see changes
there, so I think you'll see more horizontal growth in areas where we haven't
thought about LP in the past.
What are the 5 biggest issues in LP?
1.LP keeping up with Technology. Technology keeps changing and we need to stay
2.Attracting, training, and growing the right candidates for future growth.
Traditional 'growth' patterns of the industry are changing.
3.Growing the industry vertically.
4.Moving from brick and mortar to the world of cyber and how does LP make the
5.Vendor partners keeping up with technology and support.
Give us your favorite piece of wisdom...!
The best advice I ever got with a saying from my Father; "The Good Lord gave you
two ears and one mouth. Use them in that same ratio." retailrisk.com
Why Amazon's 'Big Brother' warehouse theft surveillance is a big mistake
Earlier this month, Bloomberg News reported that Amazon-already notorious for
dismal working conditions at its white-collar offices as well as in its
warehouses-has installed big-screen monitors to broadcast streams of images of
workers fired after they were caught stealing on the job. The employees are seen
in silhouettes, stamped with the words "Terminated" or "Arrested."
Amazon has not publicly commented on the practice, its latest attempt to stymie
theft in its warehouses, and did not return interview requests for this story.
But the company's problem with employee theft is real, as it is for many
businesses that use warehouses to store and move large numbers of items of
varying levels of value.
Amazon has already won a Supreme Court case that affirmed it wouldn't have to
pay warehouse workers waiting in long lines to be frisked for items they may
have stolen, a process that workers say often takes up a lot of their time,
sometimes in inclement weather. And it's worth noting that at least one employee
told Bloomberg that the new video-monitor practice didn't bother them, while
others said that working conditions and poor pay were bigger complaints.
But the setup seems disturbing-one worker called it "creepy"-and even Orwellian,
raising questions whether Amazon's practices are commonplace... and whether
Psychology is part of employee security
Could it backfire?
Research is needed
Some research needs to be done whether that does damage to the
employer/employee relationship," LeMay said. "Not what the thieves think of
that, but what the people who are not likely to be thieves think about that. We
are moving into a climate over the [coming] years that says there's going to be
a shortage of workers, and that particularly applies to supply chain people."
I don't fault Amazon tor trying to find ways to slow down theft," LeMay said.
"There's never going to be a perfect solution. The question is: Is it effective?
And, if so, is its effectiveness worth the cost on the other side-turning off
the people who they really might want to employ? There's that creepy factor, and
that's a question I'd like to answer." Editor's Note: Great article, too
long to post but well worth the read.
Toys R Us Transport Manager Skimmed $1.9M, Feds Say
A Toys R Us transportation manager bilked the retailer of nearly $2 million
over a three-year period through a scheme in which he loaded company funds
onto debit cards and withdrew them at ATMs, arrest warrant papers entered in New
York federal court Wednesday show.
Daniel Chon, the company's former director of inbound and outbound
transportation, is accused of using the retailer's "Fleet Cards," debit cards
issued only to transport drivers to pay for things like meals and fuel on the
road, for his personal use, including on jaunts to London, Madrid and Berlin
last year, and to make deposits into two personal checking accounts.
The complaint in support of arrest, which was filed Monday and entered into
court records Wednesday, said Chon logged into Toys R Us' secure Fleet Card
system and loaded "eCash" onto the cards on approximately 117 occasions from May
2013 until this month, loading a total of $1,915,429 onto the cards over three
The complaint said that invoices for the debit cards were sent to Chon directly
and that he approved the payments on behalf of the company for the $1.9 million.
The affidavit said security cameras at ATMs in New Jersey and Europe showed Chon
An internal investigation brought to light the alleged activity and confirmed
that Chon is no longer working for the company. law360.com
Fla. Poised For RICO Crackdown With New Enforcement Tools
ORC Fencing Operations & Gangs in the Cross Hairs
State lawmakers earlier this month passed H.B. 549, which makes key changes to
the state's RICO bill, including the addition of statutory penalties of $100,000
for individuals and $1 million for companies targeted under the act. The bill
passed both houses unanimously, and Gov. Rick Scott is expected to make it law.
"With this new penalty, the attorney general is not going to have to show any
actual damages," William Hill of Gunster said. "That's going to be very big in
the enforcement arsenal and probably will cause a lot of cases to settle early
when defendants are facing the possibility of statutory penalties that are
greater than the damages they would've faced under a damages calculation."
The statutory penalties allow the attorney general to pursue smaller cases that
previously may not have warranted the cost of prosecution, he said. Florida
Attorney General Pam Bondi had called the bill an "important piece of consumer
protection legislation" that will help her to double down on fraudsters.
"This bill will allow my office to better protect victims of massive consumer
fraud by enhancing the enforcement tools we need to shut down illegitimate and
fraudulent enterprises," Bondi said in the statement issued March 7, shortly
after the legislation passed both houses of the Legislature.
In addition, the bill amends the RICO Act to allow the attorney general to
distribute the proceeds of forfeiture as restitution to victims of the
racketeering activity, which Hill called a "game changer." Previously, the
forfeitures would go to the state, he said.
UK retailers unprepared for new polymer note & ID'ing counterfeits
The introduction of new, polymer currency this year means businesses will face
the biggest upheaval in UK currency since the introduction of the pound coin in
1983. The introduction of the new five pound notes in September, followed by new
pound coins and ten pound notes in 2017, means the money counting machines
that many businesses rely on to accurately process cash must be replaced or
updated. Employees must also be trained both to recognize the new currency,
and more importantly to identify fakes.
J.C. Penney's $12 Million Club: Pay for Myron Ullman and Marvin Ellison
Myron "Mike" Ullman 3rd and Marvin Ellison split the duties of chief executive
officer at J.C. Penney Co. Inc. last year and each logged compensation of more
than $12 million.
Ellison's pay totaled $12.1 million and included a salary of $1.4 million, and
incentive pay of $3.6 million. Stock awards and options were valued at $6.7
million. The rest of his compensation totaled $379,786 in various benefits,
including relocation costs of $104,124, personal use of corporate aircraft
valued at $228,860 and a home security system for $44,469.
Ellison joined the company from Home Depot in 2014 and served as president,
taking some time to learn the ropes from Ullman. During his first year at the
company his compensation tallied $19.6 million, driven by stock awards valued at
$15 million and a $4.1 million bonus.
Under their stewardship, J.C. Penney has been reworking and making up for losses
during the misadventure that was Ron Johnson's tenure as ceo, which led to bold
merchandising moves and steep losses.
New Listing - VP of Loss Prevention Posted on Fashion Career Expo WWD Website
SBH Fashion (view profile) Search Firm
VP of Loss Prevention Reports to: Chief Executive Officer The Company is seeking
a motivated, flexible self-starter to play a vital role leading the loss
prevention function. He/She will ensure the protection of the Company's assets
and employees through the professional implementation of Loss Prevention and
Safety Programs. Manage a loss prevention team that strategically controls
internal/external theft, facility security and employee safety and well being.
Bachelor's Degree or greater in criminal justice. MS Degree and LPC, LPQ or PCI
certifications preferred. fashioncareerexpo.com
Hancock Fabrics to sell 70 store leases & plans to
sell remaining 190 stores to exit Chapter 11
OSHA cites Green Twp. Kroger $45k after man loses fingertip butchering meat
OSHA Releases Final Dodd-Frank Whistleblower Regulations
Dollar General to open 900 new stores & remodel 875 in '16
Five Below to open 85 stores in '16, Hits Billion
Quarterly Same Store
Francesca's Q4 comp's up 11%, net sales up 25%
Signet Jewelers Q4 comp's up 4.9%, sales up 5.1%, full yr comp's up 4.1%, sales
Finish Line Q4 comp's up 4.6%, sales up 5.2%, full yr comp's up 1.8%, sales up
Sportsman Warehouse Q4 comp's up 4%, sales up 14.6%, full yr comp's up 1.1%,
sales up 10.6%
Five Below Q4 comp's up 3.6%, sales up 23.7%, full yr comp's up 3.4%, sales up
Sears Hometown Outlet Q4 comp's down 0.5%, sales down 4.3%
D&D Daily is not Publishing Tomorrow
Let's Keep them Safe Out There!