Bryan Hoppe was named Vice President, Asset Protection for TBC Corporation.  Bryan was previously the Vice President, Store Operations for Pep Boys before taking on this new role. He had been with Pep Boys for over six years, and was also the Vice President, Asset Protection. Bryan's experience comes from his leadership roles at such retailers as Advance Auto Parts as Vice President, Risk Management, Director, Risk Management, Regional Risk Services Manager, and Loss Prevention Auditor, and General Manager at Western Auto Supply Company. Bryan earned his Bachelor of Arts degree from University of Mississippi and then acquired his MBA from University of Massachusetts at Amherst - Isenberg School of Management. Congratulations Bryan!

Cory Birkemeyer was named Director, Corporate Security for Target.  Cory has worked at Target for over ten years, and has held various positions such as Lead Financial Analyst, Manager - Strategic Pricing, Group Manager - Store Operations Finance and his most recent role as Director, Assets Protection. Prior to joining Target's team, he was at General Mills as a Senior Financial Analyst - Capital Investments, and had also been their Team Leader, Research and Development Pilot Plant and Project Manager. Cory served in the US Navy as a Submarine Warfare Officer. He earned his Bachelor of Science in Mechanical Engineering from University of Minnesota - Twin Cities, and went on to earn his MBA from University of Minnesota - Carlson School of Management. Congratulations Cory!

Douglas Fessenden was promoted to Director of Loss Prevention of West and West Central Regions for Sears Holdings Corporation.  Douglas was previously the Director of Loss Prevention - West Coast for the retailer, and has held other leadership positions in his 17 years of working there. He has also been a Region Manager of Loss Prevention and Director of Loss Prevention - North West & West Central. Douglas has also worked at Timberland Retail as a Regional LP Manager, Home Depot as Multi Unit LPM and J Crew as District LP Manager. Douglas also served in the United States Marine Corps for a few years. He earned his Bachelors of Science in Business Management from the University of Phoenix. Congratulations Douglas!

 

Manage holiday season return fraud through power of data
The NRF's 2013 return fraud survey estimated that it cost retailers $9 billion - $3 billion during the holiday season. One of the ways of reducing return fraud without compromising the customer experience is through the power of data. By collecting and analysing data at various points across the business, companies can reduce fraud without innocent customers being inconvenienced. There are many points within the returns/exchange process that can and should be monitored closely. From the point of qualifying whether an item is eligible for return or not, to where in or out of the store the newly returned product will reside, it is important that accurate information be available quickly, to not only manage the process, but also to identify unusual patterns that can help stem the tide of fraud and abuse without the need for more stringent return policies. For example, patterns of returns by the same customer or executed by the same associate time after time should create a red flag for the retailer. But collecting, correlating and analysing all that data requires an automated system. Comprehensive retail fraud systems do just that - analysing millions of data points instantly, detecting anomalies and patterns that signal the threat of fraud, often before it even happens. retailfraud.com

As U.S. goes EMV, fraud will go online - as it did in the U.K. and other countries
As the second largest market for online revenues, when the US moves to EMV technology at 'brick and mortar' POS, we can expect a transition from offline fraud to online channels such as the desktop and mobile, as fraudsters increase their fraudulent activities. Figures from the UK Card Association show how this occurred in the UK after it adopted EMV technology - a trend that played out in other countries across the world. The difference between then and now though is that ecommerce is now a retail phenomenon. According to eMarketer, over $200 billion of additional spending could flow through CNP transactions globally by 2017, presenting a vast world of opportunity to online fraudsters looking for a piece of the pie. retailfraud.com

"Fraud doesn't go away, it just goes somewhere else, and that somewhere else is always online"  The main advantage to EMV cards is that they will cut down on counterfeiting, which accounts for 37 percent of all U.S. credit card fraud, according to a 2014 report by Aite Group. However, they're expected to diminish with the spread of EMV technology in the U.S. Although the transition to EMV is expected to lead to less counterfeiting of cards, it will also encourage fraudsters to move to new areas of vulnerability. If counterfeiting physical cards is more trouble, criminals will naturally turn to buying items online with stolen credit card numbers. "Fraud doesn't go away, it just goes somewhere else, and that somewhere else is always online," says online fraud expert Brian Krebs. "The thieves can still steal the card number and expiration date, which still can be used online. So that's generally what will happen. We'll see a pretty big uptick in card-not-present fraud." creditcards.com

Compliance - Regulators Try New Penalties Amid View Fines Don't Work
Monetary fines for compliance failures are not changing the underlying behavior of companies, as many corporations are viewing these fines as a cost of doing business, according to a new report by Thomson Reuters. Because fines alone have yet to change corporate behavior, regulators are tacking on additional penalties, like targeting senior executives and holding them accountable for their behavior and using clawback provisions to bring the financial hits closer to home. In some cases, regulators are forcing companies to increase their liquidity, which can put them at a competitive disadvantage to their peer companies that follow the rules, according to the report, which is based on a survey of compliance professionals. In the worst-case scenarios, these additional penalties can dwarf the impact of any monetary fines, as they can result in a business lines being shut down, the loss of the ability to sell certain products and possibly even the closing of the entire company, the report said. wsj.com

Five Steps to Data Breach Prevention
IT decision makers and high-level executives are recognizing the need for better security policies and strategies. The best we as security professionals can do is continue to evolve and create innovative solutions to help better protect our customers' data. Here are five key initiatives retailers must do to effectively secure consumer financial data: 1) Know Exactly Where Your Business is Being Conducted: It is critical for retailers to understand how and where customer data - especially payment information - is being accessed, handled, and most importantly, how it is being secured. 2) Recognize Data at Rest: Data stored on portable devices such as laptops or archived on servers is often forgotten and - as a result - becomes a prime target for hackers. Retailers must encrypt all data at rest. 3) Track Moving Data: Retail brands need to have a clear understanding of how their customer's data is moving through its infrastructure. This allows for retailers to adjust security measures in response to a potential threat. 4) Join Forces with a Security Expert: A partner can monitor and implement the most appropriate security measures in response to both current and emerging threats. 5) Implement an Encryption Policy: Retailers need an encryption policy that is mandatory yet manageable. Routine and ongoing audits are also always recommended to ensure that a company's data security and encryption polices are constantly being enforced. chainstoreage.com

About 300 U.S. malls facing a choice between re-invention or oblivion
Most are middle-market shopping centers being squeezed between big-box chains catering to low-income Americans and luxury malls lavishing white-glove service on One Percenters. It's a time of reckoning for an industry that once expanded pell-mell across the landscape armed with the certainty that if you build it, they will come. Those days are over. Malls like Steeplegate Mall in Concord, N.H., either rethink themselves or disappear. wwd.com

Amazon's new Manhattan space to become same-day shipping hub, warehouse & the company's first brick-and-mortar store  Amazon.com agreed to lease 470,000 square feet of space in midtown Manhattan from Vornado Realty Trust, including a site people familiar with the matter say will serve as a same-day shipping hub, warehouse and the company's first customer-facing brick-and-mortar location. Amazon is planning to convert some of the space into a mini-warehouse, with limited inventory for same-day delivery within New York, product returns and exchanges, and pickups of online orders, according to people familiar with the matter. wsj.com

61% of Americans will shop Thanksgiving weekend

12 security problems that EMV and tokenization won't solve

Quarterly Same-Store Sales Results

Foot Locker Q3 up 6.9%, with total sales up 6.7%
Ross Stores Q3 up 4%, with revenue up 8%
Fresh Market Q3 up 3.3%, with net sales up 15.1%
Stein Mart Q3 up 3.1%, with total sales up 4.5%
Children's Place Q3 up 0.2%, with net sales down 1%
Gap Stores Q3 down 2%, with total sales up 1% - Banana Republic flat, Old Navy up 1%
Gamestop Q3 down 2.3%, with total global sales down 0.7%
Ann Inc. Q3 down 4.3%, with net sales down 1.6%

All the News - One Place - One Source - One Time
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Asset Protection Field Team

"When we govern ourselves according to the practice of Asteya, we will enhance our culture of honesty and integrity and naturally achieve our asset protection goals."

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Envysion Ranked Number 338 Fastest Growing Company in North America on Deloitte's 2014 Technology Fast 500

Attributes 249% Percent Revenue Growth to Envysion's leadership position in a rapidly emerging market.

Louisville, Colorado - November 13, 2014 - Envysion today announced it ranked 338 on Deloitte's Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Envysion grew 249% percent during this period.

Envysion's chief executive officer, Matt Steinfort, credits Envysion's leadership position in a rapidly
emerging market with the company's 249% revenue growth. He said, "The market is exploding as
customers understand the power of video intelligence and how it can impact brand execution, employee
coaching and training, customer experience - and ultimately their profit margins."

"The companies ranked on the 2014 Deloitte Technology Fast 500 continue to set the bar for their
industry higher each year," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media
and telecommunications leader. "There are so many exciting products and smart thought leaders driving
this list. We congratulate the Fast 500 companies and look forward to seeing them continue their
momentum into 2015."

"For 20 years, the Deloitte Fast 500 rankings have honored the innovation that is part of these companies'
DNA," added Jim Atwell, national managing partner of the emerging growth company practice, Deloitte &
Touche LLP. "We're glad to be serving these high-growth companies, and helping the technology sector
recognize the great strides and transformation these companies are making in their respective areas."

Overall, 2014 Technology Fast 500 companies achieved revenue growth ranging from 135 percent to
123,678 percent from 2009 to 2013, with an average growth of 1,640 percent.

Read the rest of the press release here.

Learn more about Envysion here.
  

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2 Easy Changes That Will Stress-Proof Your Brain  Stress isn't going anywhere. Try as hard as you can to reduce it, it won't really work. What you can do, though, is to train your bodies to efficiently recover from the power of stress. Implement these two simple changes, and your body will thank you. It only takes a minute

How to Work With Different Productivity Styles  The way in which people get things done varies across the board. Someone may need to write with a certain pen, others may need to jot down all their tasks for the day before they can get started. Here are four productivity styles. Which one are you? Planner, Prioritizer, Arranger, Visualizer