|February 19, 2013|
Our Mission--To Educate, Inform, and
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OfficeMax, Office Depot in merger talks - it's been a
long time coming
The Wall Street Journal is reporting that OfficeMax Inc.
and Office Depot Inc. are talking about combining their
companies. Office Depot has 1,675 stores worldwide and
OfficeMax has about 900 stores in the U.S. and Mexico.
According to sources an announcement could come as soon
as next week. This isn't the first time these talks have
taken place. However in this economic climate the merger
makes a lot of sense. It will mean consolidation of jobs
with two Loss Prevention departments becoming one.
7-Eleven Named Top 10 Most Innovative Company in Retail Technology magazine Fast Company named 7-Eleven Inc. as one of "The World's Top 10 Most Innovative Companies". Ranked third on the list, 7-Eleven was chosen for its ability to "localize and compartmentalize its stores. The brand's partnership with Amazon allows users to have small packages delivered to stores rather than their homes. In 2012, that partnership expanded to five areas globally: New York, Seattle, [Washington], D.C., Silicon Valley and London," wrote the magazine’s staff. (Source csnews.com)
Lowe’s Foundation awards money to schools for OSHA Career Safe Program.
Lowe’s has awarded $60,000 in vouchers to 60 schools for students to complete OSHA safety class mastering the fundamentals of workplace safety. The Chairman of the Lowe’s Charitable and Educational Foundations is hoping the project will assist in building a safer workplace environment for customers and employees. (Source logandaily.com)
Future retail stores will focus on experiences before products “Stores will become more theatrical, more immersive, and more of a life experience rather than simply a place to get something. As much as they are selling products they will be selling a good time, a lifestyle. Inventory could conceivably not even exist in the ‘store’ environment at all, but be shipped directly to your home from a distribution center.” (Source bazaarvoice.com)
The Hidden Empire - Amazon - Long term bold vision = #1 Anything #2 Anywhere 3# Anytime For the true retail executive here is the Amazon story in 84 easy to follow slides on slideshare. Easy to read, easy to follow, easy how they got there, and obviously easy for them to tell us how they're going to remain there if not exceed even more. And maybe according to some predictions, even overtake Wal-Mart. Guess that's why they don't sell the Kindle anymore. Great story if you have 15 minutes. Just amazing to see how easy they make it look. With all of the growth and their future, any LP job that comes up with them you should without question pursue it with all vigor. Just study this before you do. (Source slideshare.net)
Burger King apologizes after Twitter hacking Somebody hacked Burger King's Twitter account on Monday, posting obscene messages and changing its profile picture to a McDonald's logo. The tweets stopped after a little more than an hour, and Burger King said it had reached out to Twitter to suspend the account. (Source msn.com)
Job fulfillment, not pay, retains Generation Y talent, says iOpener Institute Report With increasing recognition of the need to attract, foster and retain Millennial, or Generation Y, talent in the retail industry, it is important to understand what motivates the up-and-coming senior management class of the future. Analyzed responses from over 18,000 professionals, has shown the digital generation – Generation Y – values job fulfillment over financial reward. (Source theretailbulletin.com)
Amazon Marketplace under fire for selling counterfeit products. James Lee of the Consumer Fraud Center in Santa Monica believes customers purchased between $110 and $140 million in counterfeit products this past holiday season. Amazon Martketplace has come under fire by the hair care product company InStyle who claims the Amazon Marketplace sold 20,000 counterfeit hair straightening irons labeled as their product. Uggs boots are the #1 knock off item in apparel. (Source cbslocal.com)
One of the "most prolific cyber-espionage groups" in the
world - Unit 61398 of the People's Liberation Army of
China - says U.S. security firm
Cyberattacks that stole massive amounts of information
from military contractors, energy companies and other
key industries in the U.S. and elsewhere have been
traced to the doorstep of a Chinese military unit, a
U.S. security firm alleged Tuesday. The unit "has
systematically stolen hundreds of terabytes of data from
at least 141 organizations," Mandiant wrote. By
comparison, the U.S. Library of Congress 2006-2010
Twitter archive of about 170 billion tweets totals 133.2
With Museums getting hit all over Europe, they unite
creating a website for information sharing
The idea builds upon the cultural network which was put
in place in anticipation of the Olympics last year. With
the help of a software company called Facewatch, the
National Museum Security Group has developed a website
where arts organizations can report crimes to the
police, share photographs of suspects, upload CCTV and
share intelligence. Reaching 800 institutions the
website is the only one of its kind in the cultural
sector and should help to unite them. Galleries and
museums are on high alert after the recent vandalism of
a painting by Mark Rothko in Tate Modern, as well as the
heist of seven paintings, including works by Picasso,
Monet and Matisse, taken from the Kunsthal Museum in
Rite Aid associate grabs the robber’s gun in Pittsburgh. The Rite Aid Associate fearing for his life, struggled to grab the handgun from the armed robber and was actually able to point the weapon back at the suspect. The robber regained control of the weapon and ran out the Rite Aid store. No injuries were reported. (Source wtae.com)
Dollar General armed robbery suspect shot by Police in Columbia, SC; suspect has a 7 page rap sheet. Columbia police say two officers have shot and wounded an armed robbery suspect. Police Chief Randy Scott said the suspect was shot after a short chase. Scott says the officers had ordered 46-year-old Gregory Johnston to stop several times. Scott said the officers fired after it appeared Johnston was drawing a gun from a pocket. Johnston was in good condition in a Columbia hospital. Scott said a man went into the Dollar General store and threatened customers and a clerk before leaving with an undisclosed amount of cash. No one in the store was hurt. (Source wltx.com)
Grocery Stores in Virginia reporting a rash of Price Gun thefts. Martin’s Grocery chain in Virginia had two Motorola Pricing Guns stolen in the month of January, but according to Martin’s Loss Prevention the theft of these guns is wide-spread around the state. A search of eBay found the Motorola Pricing guns selling for over $1000. (Source nbc12.com)
McDonalds and Staples robbery ends with high speed chase
and accident in Waynesville, NC.
The Waynesville and Canton police
departments, N.C. Highway Patrol and Haywood County
Sheriff’s Office were involved in the high-speed
pursuit. The first of multiple incidents started around
noon Monday when police say the John Doe attempted to
rob the McDonald’s in Waynesville. He displayed a gun
and asked for money, but left after workers sought
safety in the back of the store. Later, police received
a report of a man and vehicle near Waynesville Plaza
matching the attempted robbery suspect at McDonald’s.
Responding officers learned someone had stolen
electronics from the Staples at the plaza, less than a
mile from McDonald’s. The high speed chase lasted for 25
miles, until the suspect was stopped because of an
oncoming train. (Source
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ORC Bill in Nevada introduced focuses on Habitual
Offenders and major Retail Crimes.
One piece of legislation that cracks down on
organized retail theft and another aimed at refining
the filing of habitual offender status in criminal
cases are now before the Assembly Committee on the
Judiciary. Democratic Las Vegas Assemblyman Richard
Carrillo presented AB102, the organized retail theft
bill, to the committee Monday. Democratic Las Vegas
Assemblyman Paul Aizley followed suit with AB97 on
when prosecutors file for habitual offender status.
The ORC legislation presented Monday, AB102, seeks
to change the definition of organized retail theft.
Organized retail theft is currently defined as an
operation by three or more people who steal at least
$3,500 worth of merchandise in a 90-day period. This
bill seeks to change that statue to cover
individuals who steal merchandise with the intent to
sell the items, and it aims to lower the threshold
to $2,500. (Source
Reporting ORC news
increases awareness -
Exception based reporting. It’s a simple, effective way for retailers to find fraud. Finding patterns in the point of sale data seems like a great way to find issues, but is it really? Exception based reporting was ground breaking when it was created…decades ago. Today exception based reporting still does what it was designed to do, but times have changed. There is now much more data to filter through, making the reports slow and outdated before you even look at them. Focusing on select areas will make the reports faster, but you could be closing your eyes to massive areas of loss. Shouldn’t your reporting be as agile as you are?
The answer to exception based reporting’s issues,
Intelligence Based Reporting (IBR). This evolutional
step takes the best of exception based reporting and
adds to it the technologies present in today’s retail
world. This means IBR collects more than just point of
sale data. It also collects EAS and RFID data, alarm and
access control data, video, and much more. All of this
data together gives you a much better look into what’s
causing shrink in your stores.
Thought Challenge Review
"Never underestimate your ability to make someone else’s life better –Even if you never know it." –Greg Louganis.
In my short six years of being a Loss Prevention (LP)
professional I have encountered many LP personalities the
arrogant, the ignorant, and the one that underestimates the
ability to make someone else’s life better. I won’t write
about the first two because terms such as non-productive
detainment, lawsuits, and physical danger are part of both.
Director, DC & Corp Security
Today's Daily Job Postings From the Net
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Appearing One Day Only
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Home of the
|Scott Bruns was named District Loss Prevention Manger for Sport Chalet.|
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Online Job Search 101
has completely transformed the job search, with job
seekers moving from circling newspaper ads to
searching online job boards and using social-media
tools. But the new online job-search process can be
16 Job Search Errors You're Probably Making Over the year, hiring managers have born witness to every hiring, interviewing, resume, cover letter and negotiation mistake there is. From those who see your mistakes over and over, here are 16 common job search mistakes to avoid -- and some of them may surprise you. (Blunders)
Job Searching in a Mobile World Today, cellphones are capable of so much more than making a call. They can even help your job search. From searching to interviewing to following up, here's a guide to job-search cellphone etiquette. (Mobile integration)
Top 3 Priorities for Your Job Search On the job search, distinguishing between essential and nonessential actions is especially important, because looking for employment is taxing and time-consuming. That's why your first order of business when looking for work should be to set priorities. (#9 involves research)
Tip of the Day
Sponsored by Vector Security
Repetition is one of the keys to
success. Developing and evolving your approach, your
message, your actions and processes and focusing on
repetitively delivering them, you'll be able to almost
transcend your message and focus on its delivery as opposed
to its action. We all have core things we do every day and
if you can develop repetitive responses, that ensures
continuity, you can then begin to master what you do and
truly make an impact on the group you're working with.
Reach your target audience in 2013 every day!