Tune in tomorrow for "Live in Long Beach"
at the NRF Protect Show
Live from Long Beach, it's the D&D Daily! Join the Daily and LPNN for
a value-packed broadcast full of informative, impactful and entertaining
interviews with LP leaders, retailers and solution providers at this year's NRF Protect Show in Long Beach, California.
With MCs Joe LaRocca and Amber Bradley, and interviews moderated by
Gus Downing, we'll be filming tomorrow from 11 a.m. - 5 p.m. PDT. Tune
in for the LP industry's one and only
LIVE digital fast-break webcast.
If you're at NRF Protect,
join us tomorrow in Room 201B.
click here to watch our live webcast online!
Amber and Joe can't wait for "Live in Long Beach!"
Check out Joe and Amber prepping for LPNN LIVE
aboard the USS Iowa! Watch their video
Protect Attendees Step Aboard the CRAZE
by Amber Bradley
With nearly 300 attendees, The CRAZE was THE must attend event for the opening
night of the NRF Protect conference in Long Beach, CA this week. Sponsors of the
event, i3 International, Iverify, Checkview, Protos Security, Cash Master
International, Palmer Reifler & Associates, Checkpoint/Alpha, LP Software and
Agilence, hosted attendees aboard the USS Iowa which included tours of the
battleship, swing dancing entertainment, a live band, barbeque and cocktails.
The CRAZE sponsors are known for throwing unique events that dazzle attendees
and create memorable experiences. Check out some of the candid photos and
amateur video from the event.
NRF Protect kicks off today with a keynote session from Alec Ross, author,
global thinking and innovation advisor. He'll be covering the shifting global
landscape, emerging technologies and the driving force behind transformative
change in the public and private sectors. Other topics covered on day one
include incident response planning, professional development, data security,
reading body language and supply chain security.
Can't attend the conference? Be here without being here by following @DandDDaily
for live coverage of what's happening at NRF Protect. And of course log in to
http://livestream.com/accounts/11826764/lpnn to watch coverage LIVE from
LPNN Thursday, June 25 starting at 11 a.m.
Steve Ippolito, Dir. LP/Operations, Talbots; Randy Warnke, Regional
LP Manager, Talbots; David Blackorby, VP Global Security Operations,
Walmart and Guest Speaker,
Joe LaRocca, VP & Senior Advisor Loss Prevention, RetaiLPartners;
Kathleen Smith, VP Asset Protection, Albertsons-Safeway and Rhett
Asher, VP Asset Protection, Data Security & Crisis Mgmt, FMI
Band playing at The Craze
Ahold, Delhaize Agree on $29 Billion
European grocery chains Royal Ahold and Delhaize Group
DEG -6.56 % have agreed to a merger, creating one of the largest
supermarket operators in the U.S. The combined company would be valued
at 26.07 billion euros ($29.11 billion) based on their closing share
prices Tuesday. Despite being based in Europe, both companies generate
about 60% of their sales in the U.S., primarily along the East Coast.
Netherlands-based Ahold operates the Stop & Shop and Giant chains, as
well as online grocery store Peapod, while Belgium's Delhaize owns the
Food Lion and Hannaford banners. Under the deal, Delhaize shareholders
will receive 4.75 Ahold ordinary shares for each share held. Ahold
shareholders will own 61% of the combined company's equity and Delhaize
shareholders will own the rest. The merger is expected to generate
annual savings of 500 million euros to be realized in the third year after
completion, the companies said.
Retailers Estimate Shoplifting, Incidents of Fraud Cost $44 Billion in
A new study being released from NRF PROTECT, the industry's largest
retail loss prevention event, finds that retailers lose billions of
dollars to shoplifting, employee and vendor theft and administrative
error - collectively known as inventory shrink. According to the
National Retail Federation/University of Florida National Retail
Security Survey, retailers say inventory shrink averaged 1.38 percent of
retail sales, or $44 billion, in 2014.* The report was sponsored by The
Specifically, retailers surveyed estimate that shoplifting accounted for
the largest part of reported shrink in 2014 - 38 percent, followed by
employee/internal theft (34.5%), administrative and paperwork errors
(16.5), vendor fraud or error (6.8%) and unknown loss (6.1%).
"A common misperception about shoplifting is that retailers can 'afford'
the loss of a candy bar or a pair of jeans, but the truth is that the
industry loses billions of dollars each year at the hands of callous
criminals that could be put towards human capital, promotions and other
necessary business operations," said NRF Vice President of Loss
Prevention Bob Moraca. "Though we are encouraged by the partnerships
forged with law enforcement over the years and advances in technology that will
help deter a crime before it happens, criminals continue to thwart much of the
progress retailers have made thus far."
When it comes to loss prevention budgets, 39.4 percent of those surveyed
say their budget for 2015 increased over last year; just over one-third
(36.6%) said their budgets would be similar to what they were last year
- leaving 23.9 percent of respondents with decreased resources. Dr.
Richard Hollinger, criminology professor at the University of Florida
and lead author of the NRSS for the past 24 years, notes this year's
shrink percentage is the lowest seen in the survey's history.
Walmart, Amazon, Sears, eBay to stop
selling Confederate flag merchandise
Walmart, Amazon, eBay and Sears all announced bans on the sale of
Confederate flag merchandise, amid an intensifying national debate over
the use of the controversial flag.The announcements are the latest
indication that the flag, a symbol of the slave-holding South, has
become toxic in the aftermath of a shooting last week at a historic
African-American church in Charleston, South Carolina. Gov. Nikki Haley
announced in a Monday afternoon news conference that she supports
removing the Confederate flag from the state capitol grounds.
Jury Awards $40 Million In Suit Over TGI Friday's Killing
A Southern California jury awarded $40 million
to the parents of a man who was stabbed to death in a TGI Friday's restaurant.
The panel found Thursday that the restaurant's operator was 55 percent
responsible for the January 2009 death at a TGI Friday's in Riverside. Orlando
Jordan, 33, of Riverside, was dating the mother of Michael Castillo, who
disapproved. He was stabbed during an argument with Castillo, who entered the
restaurant with a friend. Castillo and Louis Martinez pleaded guilty to assault
with a deadly weapon. Castillo was sentenced to three years in state prison, and
Martinez was sentenced to four years. Castillo was 20 at the time of the
killing, making him under the legal drinking age. Jordan's parents, Rey and
Carmen Jordan, argued that employees deliberately failed to check Castillo's
identification before serving him and continued to give him alcohol despite his
intoxication. The lawsuit also cited a pattern of assaults at the restaurant and
a lack of security cameras.
U.S. Retail Sales Fall in 1st
Three Weeks of June From May - Redbook
National chain-store sales fell 1.6% in the first three weeks
of June from the comparable period in May, according to Redbook
Research's latest indicator, released Tuesday. The Johnson Redbook Sales
Index also showed seasonally adjusted sales for the period improved 1.3%
from a year earlier, compared with a target for an increase of 1.6%. In
the third week of June, sales rose 1.6% from a year earlier.
Even with the most sophisticated planning, allocation and inventory
management tools, mistakes happen. How retailers recover from
merchandise missteps can be nearly as important as the selling process.
STORES recently spoke with James M. Rallo, president of retail supply
chain group Liquidity Services, to gain an understanding of three key
options merchants can use to recover value on overstock, unsold,
out-of-season and returned inventory.
● Return to vendor: "Optimizing the RTV process can be achieved
by working with a single service provider to reconcile, store, ship,
refurbish, recycle and resell surplus inventory. Engaging a vendor that
handles all services in-house allows retailers and manufacturers to
remove costly 'touches' in their supply chain, freeing up distribution
center space and speeding access to recovery."
● Re-commerce: Another alternative calls for "using multiple
channels into the secondary market to maximize recovery while adhering
to strategic business goals, including access to new markets and cycle
time. Through the B2B auction marketplace, Liquidation.com, we access
small businesses interested in purchasing pallet shipments. We also
provide B2C options via our branded marketplace, Secondipity.com, our
Amazon and eBay stores, and branded and white label marketplaces custom-built
● Recycle: "The reverse supply chain can also reinforce a
retailer's sustainability efforts by keeping previously used items out
of landfills and either in market circulation or disposed of responsibly."
Cargo Theft Up by 40% On Holiday Weekends
According to Freightwatch International: "Holiday weekends are of notoriously
high risk for manufacturers and logistics-related organizations. Organized cargo
theft rings will be extremely active in the coming days, as more shipments are
left unattended for extended periods of time due to the long holiday weekend."
The best solution is to try to ensure that you don't have any cargo resting
anywhere. Since I'm betting that isn't very practical for your organization, try
to make it as hard as possible for would-be thieves to pick you as a target. Try
to make sure that you match delivery times as closely as possible to avoid
having to keep the cargo on a truck over the weekend. If you have to leave a
truck and trailer unattended, try to find the most secure place that you can to
park. Beware of any unsecured parking lots! Be sure to utilize good physical
security measures on both the tractor and the trailer. Have any of your security
or janitorial vendors installed any new equipment recently? I've heard of
cameras being covertly hidden in trash cans and placed near the front door of a
terminal locations in an attempt to read key codes being punched in by unknowing
employees. You should be suspicious of weekend loads already, but use extra
caution this week is absolutely necessary! Without extreme caution, nobody will
know that the load is missing for 3 to 4 days. That's a great deal of time to
steal a load and help it disappear.
B.C. leads Canada in first-quarter sales growth, Apple most productive retailer:
Colliers B.C. retailers are off to a strong start in 2015, leading the
country in year-over-year sales growth, according to a new report by Colliers
International Consulting, which also named Weston Group as Canada's largest
retailer and Apple as the most productive. B.C.'s first-quarter sales growth was
nearly 8 per cent, according to Colliers' spring 2015 National Retail Report.
That comes on the heels of a strong 2014 for B.C. retailers, which rang up more
than $66.4 billion in retail sales last year, a number that exceeded Collier's
own projections by 0.3 per cent. The report also named Weston Group - parent
company to Loblaw, President's Choice and Shoppers Drug Mart - as Canada's
largest retailer in terms of overall size and sales, based on 2013 stats. Since
Loblaw's purchase of Shoppers Drug Mart in 2013, the conglomerate's footprint,
comprising 22 chains, ballooned to 66.4 million square feet, with total sales of
$43.3 billion. The report also highlighted Apple as the nation's most productive
retailer. Occupying 203,000 sq. ft. at 29 stores across Canada, Apple's 2013
gross sales of $1.47 billion give it an average sales productivity rate of over
$7,200 per square foot.
Darden plans to place 430 stores in REIT
NRF: Back-to-school spending on
Study: Disney, Ralph Lauren most patriotic retailers
Nordstrom Rack coming to Hawaii development
Meijer opens first two Wisconsin supercenters
Sam's Club launches a 'shocking' way to save -
first wholesale retailer to offer online daily deal program
RILA's 2015 AP Summer
Can't get enough of the
2015 Retail Asset Protection Conference?! Neither can we. This summer, we're
showcasing three top rated breakout sessions from the conference in a series of
here to sign up for the first webinar on Tuesday, June 30 at 3:00 pm EST.
||Using Real Time Data to Drive Safe
|Date & Time:
||June 30, 2015 3:00 PM EST
||Bryce Bennett, Director,
Environmental, Health & Safety, The Home Depot
Dominick Zackeo, Vice President, ARCADIS U.S.
||Retailers are constantly looking for
ways to create a culture of safety in their stores. The Home Depot
recently rolled-out a mobile metrics dashboard that arms regional
leadership with real time safety data that empowers associates to
influence the safety culture in their stores. This exception based
safety management tool enables store management teams to quickly and
effectively identify opportunities and to address unsafe work
practices before they become a trend. The outcome? Fewer incidents,
healthy associates, and increased productivity.