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October 16, 2013

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News Brief
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Monica Trevino was promoted to Senior Manager, Corporate Loss Prevention for GameStop.  Monica has been with Gamestop for a year and a half, where she previously held the title of Shortage Control Manager. Her other Loss Prevention roles over the years include Corporate Loss Prevention Manager for Sport Chalet and Corporate Loss Prevention Manager for The Disney Store. She has worked in the retail industry for over 20 years. Congratulations on your new position, Monica!

Is taking advantage of computer glitches considered stealing?  In this video, Judge Andrew Napolitano argues that capitalizing on a computer glitch, like the EBT system shutdown that occurred in several states this past weekend, should be considered stealing. If the limit to an account is not there, it is government incompetence, and to take advantage of that is stealing. However, because it happened on such a large scale, and that it's the government's fault there will be no prosecution, Napolitano says. (Source foxbusiness.com)

Advance Auto Parts signs a $2 billion deal with General Auto Parts International  In a bid to create the continent’s largest parts retailer, Advance Auto Parts inked a $2 billion transaction on Wednesday to acquire privately held General Parts International. Investors loudly approved of the all-cash deal, bidding shares of Advance Auto Parts 19% higher to fresh 52-week highs, despite the fact that acquiring companies typically see their shares retreat following a buyout. With combined sales of more than $9.2 billion, the deal would form the largest auto aftermarket parts provider in North America. (Source foxbusiness.com)

Apple cuts orders for iPhone 5C; slumping sales
Apple broke routine when it launched not one, but two new iPhones at its last event. Analysts, media and consumers alike have been quick to offer opinion on how that's working out for the firm. The WSJ's sources suggest that orders will be cut by between 20 and 30 percent, which analysts are quick to confirm points to a slump in demand. What's not mentioned is that the same thing happened with the iPhone 5 not long after its release. (Source foxbusiness.com)

JC Penney denies rumor it has hired bankruptcy lawyers  As with many rumors in this age of social media, a twitter post started a plunge of JC Penney stock on Tuesday. It’s never good for a stock price when a company has to deny that it has hired bankruptcy lawyers. That’s what happened to J.C. Penney Co. on Tuesday. Its shares fell 9 percent to close at $7.17 a share. The rumor that Penney had hired bankruptcy lawyers started with an anonymous post on Twitter Tuesday morning. The stock started to fall just before noon, and the rumor was repeated on Twitter and Yahoo Finance message boards. Penney spokeswoman Kristin Hays responded to market reporters at Bloomberg News, Reuters and others that there was “no truth to the rumor,” but Penney shares continued to decline. (Source dallasnews.com)

Kenyan’s Massmart pulls out of talks with Walmart for east Africa expansion  Wal-Mart's push for a foothold in east Africa hit a hurdle after Kenyan retailer Naivas said on Wednesday it was no longer selling a controlling stake to the U.S. company's South African subsidiary, Massmart. Strong economic growth in Africa is attracting global retailers such as Wal-Mart Stores Inc, which acquired Massmart in a $2.4 billion deal two years ago. Sub-Saharan Africa is expected to grow by 4.9 percent this year after 4.2 percent in 2012, the World Bank said. But analysts say a scarcity of suitable land and high valuations are hindering South African retailers' ambitions to spread their wings around the rest of Africa. (Source reuters.com)

Starbucks says 2 Million customers have signed the 'Come Together’ petition  Starbucks Corp. said it has nearly 2 million signatures on its online petition it started last Friday that asks the U.S. government to stop the federal shutdown, pass a debt-limit bill and to approve a long-term budget deal by the end of the year. Starbucks said it will deliver the petitions to Congress and President Barack Obama on Thursday. Petitions are continuing to arrive from Starbucks nearly 7,000 company-operated stores in the U.S. (Source bizjournals.com)

Mug Shot websites are still in business; some claim it is extortion  The sites are doing what some have described as extortion: Mug shot websites can ruin people's online reputations by publishing arrest photos -- even if criminal charges were dropped -- and charging stiff fees to take them down. The cost to take your mug shot down: between $178 and $399. Of the four major credit card companies, only American Express said it has completely cut off ties. The industry came under increased scrutiny last week, when the Times noted how these companies had figured out how to game Google, making it so that a person's arrest photo tops the list of search results. (Source money.cnn.com)

Uniqlo to open 10 new mall stores in October and November, plus pop-up store in Manhattan subway station  Uniqlo has opened a pop-up store in the 14th Street-Union Square subway station in Manhattan. The store, which will be open through the holidays. “Pop-up stores will provide a fresh and beneficial element to our stations while also improving the image and desirability of retail space in the subway,” said MTA chairman and CEO Thomas F. Prendergast. This October and November, Uniqlo is also opening ten new mall stores in New York, New Jersey, Connecticut and California including stores opening soon in Brooklyn, Long Island and Staten Island. (Source chainstoreage.com)

JC Penney faces Class-Action suit from shareholders  A Law firm says class-action lawsuits have been filed that allege that JC Penny Company, Inc. and certain of its officers and directors committed violations of the Securities Exchange Act of 1934. The complaints allege that the company made materially false and misleading statements to the investing public about the company’s financial health, including that the company would not have sufficient money to operate through the end of the year, that it would require additional investments to get through the holiday season, and that it hid this information so as not to worry its vendors. (Source chainstoreage.com)


LAX Airport Employee Arrested in Dry Ice Explosions  An employee of Los Angeles International Airport was arrested Tuesday night in connection with dry ice explosions that occurred in restricted areas of the airport earlier this week. Law enforcement said that 28-year-old Dicarlo Bennett, an employee of one of the airport's ground crew companies, Servisair, was apprehended. No details on possible charges were immediately available. Servisair is contracted to handle baggage and other ramp functions at the airport. Investigators allege that Bennett took the dry ice from a plane, put it inside a 20-ounce plastic bottle, and placed it in an employee restroom, where it exploded Sunday night. They also allege that Bennet put a similar device on the tarmac outside the airport's international terminal the same night. Remnants of that device were found by an employee, who threw it away. The same employee found an unexploded bottle Monday evening and then reported what he found the previous day. The bombs could have caused serious injury to anyone in close proximity, though no one was hurt. (Source nbclosangeles.com)

Inventor of the Gummy Bear passed away yesterday at the age of 90

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eBay News
 

PayPal Expands “Real World” Presence Via Integration With iPad Point-of-Sale Maker Revel Systems

PayPal has today scored another deal to bring its technology to more point-of-sale platforms via an integration with iPad POS solution provider, Revel Systems, a company whose business has grown by 400% year-over year and now includes big-name clients like Dairy Queen, Goodwill, Popeye’s, and others. While PayPal is currently focused on building up its point-of-sale presence involving its own proprietary hardware and software with its newly launched Beacon device, the company is not attempting to take on quickly growing Square and other competitors with in-house technology alone.

In recent months, PayPal has made deals with a number of point-of-sale hardware makers to bring its payments technology into the “real world” via deals with the makers of existing systems. One of the larger partnerships was with NCR, announced at the beginning of the year, which allowed PayPal to begin integrations with several products in the longtime hardware maker, as well as expand PayPal from online and mobile into new places, like restaurants, gas stations and convenience stores.

Read more here.

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Retail Crime News
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$1.2 Million burglary at San Francisco’s Fairmont Hotel, turns out to be a lease dispute  Police were called to investigate a $1.2 Million dollar burglary of Charisma Crafts, a store inside the famous Fairmont Hotel. All police had to go on was a u-haul truck was used and no appearance of focused entry. Turns out the owner, Nasir Sheikh, loaded up 60% of his store’s merchandise, and ran out of room in the truck. Police spoke to Sheikh and he confirmed the merchandise was not stolen, and the issue was a dispute with his business partners. (Source nbcbayarea.com)

Corpus Christi couple tries to steal a bag of meat; employee assaulted trying to make the stop  A couple who tried to steal of bag of meat from a market on Ayers this weekend are still on the loose. The crime took a violent turn when one of the suspects punched an employee at La Michocana Meat Market on Sunday evening. The store manager took off after them and might have been badly injured if it weren't for one male employee who saved her. Security footage shows the couple at the checkout counter before the woman ran out the door and dropped the meat. As soon as the manager picked it up, the man grabbed it from her hands. The male employee then stepped in to help and got punched in the face. (Source kztv10.com)

Two men rob a Naples store of $7000 in cash
A Naples store owner said he was tied up and robbed by two men Monday night. Joseph Derival said he was working in the back of his store, called God Is the Unique Owner, when two men came inside about 5 p.m. with a gun, ordered him to the ground, then tied his hands using a telephone cord. Derival said he stayed there for about 10 minutes while the men rummaged through the store. Authorities said the men stole around $7,000 from a bank bag of cash, then left. Police are still looking for the robbery suspects. In the nearly 20 years this was the first time it was robbed. (Source nbc-2.com)

Woodbridge, Virginia Walmart’s Customer Service register robbed at possible gunpoint  Police are looking for two suspects who robbed the Customer Serive area of Wal-Mart in Woodbridge on Oct. 11. Prince William County Police said "Employees reported to police that an unknown man entered the store and approached the customer service counter." Perok said. "Once at the counter, the suspect implied he had a weapon and demanded money”. The man fled the store on foot with an undisclosed amount money. No injuries were reported. (Source patch.com)

South Carolina Walmart employee steals $5000 in cash from the register  Andrew James Wyatt, 27, of Abbeville, admitted to stealing more than $5,000 from cash registers at the store throughout the month of September. Store officials also provided deputies with a written statement from Wyatt in which he admitted to taking the money. Store officials said they had video evidence of Wyatt taking more than $2,300 from cash registers while employed at the store. (Source gwdtoday.com)

Scottdale man charged in the October 9th AT&T store robbery  The Judge denied bond for Xavier Deaundre Askew, 23, who was charged with two counts of armed robbery. Askew is accused of taking property from two victims at gunpoint on Oct. 9 at the AT&T store on Thornton Road.. The same suspects are tied to an additional armed robbery in Smyrna. (Source douglascountysentinel.com)

Man pleads not guilty in string of cell phone store robberies in San Francisco  A 38-year-old San Francisco man connected to a series of armed robberies who was arrested Oct. 5 was charged with eight counts of robbery and one count of receiving stolen property. Christopher Bailey, 38, was arrested after allegedly robbing a cell phone store in the Sunset district. He also was reportedly linked to previous heists. Bailey pleaded not guilty and remains in custody at County Jail on $780,000 bail. He will return to court Nov. 5 to set a preliminary hearing. (Source cbslocal.com)

Long Island Burglar accesses pharmacy through air vent  Nassau County Detectives are investigating a break-in early Tuesday at a Freeport pharmacy in which the burglar gained access through an air conditioning vent. The burglar entered Health Mart, 179 Atlantic Ave., through the vent on the roof at 4:06 a.m., took an "undetermined amount of pharmaceuticals," and left by breaking the display window in front of the store. (Source newsday.com)

Tupelo Police seeking a Dollar General armed robber  The Tupelo Police Department is looking for any information regarding an armed robbery at the Dollar General store on McCullough Blvd. Authorities say on Sunday, October 13, at about 10:00 p.m., two men entered the store with one displaying a weapon. The clerks were robbed of an undetermined amount of money. (Source wtva.com)

Huntsville Video Game store the victim of an armed robbery  Police on scene said an armed suspect entered the business just before 7 p.m. and robbed Another Castle Classic Gaming store. Police said the suspect also robbed several customers inside the store. He fled on foot. (Source al.com)

Steubenville Police arrest two suspects after brief chase from Walmart  The two people arrested after leading police on a short chase in Steubenville Monday. Between them, Alouvise Harris and Robert King face five felony charges and several misdemeanors. Harris stole items from Walmart, then fled – leading police on a short chase. Harris was also sentenced in a prior theft case where she robbed a Dollar General. (Source wtov9.com)

Montgomery County Sheriff’s Office arrest two suspects in Pinehurst,Texas Dollar General robbery  Two men are in custody in connection to a robbery at the Dollar General Store in Pinehurst on Tuesday. According to the Sheriff’s Office, they received a 911 call at 9:58 p.m. on Oct. 15 in reference to a robbery that had just occurred at the store. The complainant advised two males entered the location producing handguns and demanding money. The two male actors reportedly left the location quickly, believing law enforcement was alerted to their presence. The complainant advised the actors entered a wooded area, near the store, and provided a description of them. (Source yourhoustonnews.com)

 

ORC News
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Michigan couple plead not guilty to ORC charges; among the first testing Michigan’s new ORC law  Harold James Bates, 37, has been charged with organized retail crime for allegedly encouraging a number of people to shoplift items from local stores to be sold through online sites such as Craigslist, according to Wexford County Prosecuting Attorney Tony Badovinac. Bates also has been charged with intimidating a witness. Bates’ wife, Caila Lynn Bates, 30, also has been charged with organized retail crime, as well as intimidating a witness. Harold Bates allegedly allowed his associates to live at his home in exchange for bringing him stolen merchandise, Badovinac said. The intimidating a witness charge stems from him allegedly warning them not to reveal the details of their relationship. (Source cadillacnews.com)

Syracuse ORC ring sold over $10,000 of gift cards to pawn shops  Dewitt Police are looking for for 37-year-old Cynthia Smith of Oswego, in connection to a crime ring which targeted retail chains. According to police, the suspects involved would steal merchandise from a store and then return the items to multiple locations of the same retailer in return for gift cards. The suspects would then sell the gift cards to area pawn shops. At the time of the arrests, police say the suspects were responsible for more than $10,000 in fraudulent returns of stolen merchandise spanning several months. Three others have already been arrested in connection to the alleged crime ring. (Source syracuse.com)

Waco suspect arrested; believed to be a gang member connected to Organized Retail theft  Waco police say they have arrested the final suspect in connection with they have identified as a gang connected theft operation. 20-year-old Jermaine Jamal Monroe is being held on a charge of participating in organized crime. This charge is in connection with 36 items stolen from Carters Children's Store in Waco. Police say others involved in what police were calling organized retail theft, have already been picked up or turned themselves in. (Source kxxv.com)

Three Arrested in Minnesota attempting to steal $5000 of merchandise from Walmart  An alert Walmart employee notice a pick-up truck parked outside near a fire door. The employee said the three suspects were seen stacking high-value items near the emergency exit before quickly leaving the area. Three suspects are now facing felony theft charges after they allegedly planned to steal more than $5,000 worth of merchandise. (Source southernminn.com)
 

“Protection 1 is proud to be sponsoring the D-D Daily ORC column to ensure the LP industry gets the information, education and critical data they need to fight this  national epidemic.” Rex Gillette, VP Retail Sales, Protection 1.

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Vendor Spotlight
 

SONY LAUNCHES FOUR IPELA ENGINE EX IP CAMERAS

X Series cameras are Sony’s first IP products rated for use in transportation vehicles

SNC-VB635 has exceptional light sensitivity in full HD resolution

CHICAGO SEPT. 2013 – Sony Electronics announced today four new IP cameras that feature the company’s IPELA ENGINE EX signal processing system. These cameras strengthen Sony’s offering for outdoor applications and expand the company’s lineup of entry- and mid-level products into new markets. This includes on-board transportation surveillance and environments with exceptionally low light conditions.

“Sony continuously looks for ways to expand and improve its product offering, and all of these products meet specialized needs within the surveillance industry,” said Mark Collett, general manager of Sony’s Security Systems Division. “Sony is again leading the industry in terms of camera features and image quality.”

All of the new cameras include key features of the IPELA ENGINE technology platform. This includes Sony’s wide-dynamic range technology View-DR, XDNR noise reduction technology, and frame rates ranging from 30 frames a second up to 60 frames a second in full HD.

X Series IP Cameras

Sony’s three X Series cameras are full HD mini dome models. These cameras represent Sony’s first ruggedized IP cameras with image stabilization technology and a built-in microphone that make them ideal for use on board transportation vehicles such as buses and trains.

The SNC-XM632 is compliant with the ISO 16750 standard and therefore recommended for bus surveillance. It is also suitable for outdoor applications such as retail, banking and education where the compact form and flat finish help it blend into its surroundings. The SNC-XM636 and SNC-XM637 are designed with different horizontal viewing angles (85 degrees and 115 degrees, respectively) and comply with the EN50155 and EN45545 standards for surveillance aboard trains. All of the X Series cameras are rated as IK08 vandal resistant and Ingress Protection rated to be dust proof and protected from water due to powerful jets (IP66).

The X Series cameras are expected to be available through Sony’s product distribution channel in the first quarter of 2014.

Half-inch Full HD CMOS Sensor IP Camera

With its extraordinary light sensitivity and full HD resolution, the SNC-VB635 camera is designed for use in highly demanding applications such as transportation, city surveillance and energy. The SNC-VB635 is a fixed camera that features a half-inch Exmor CMOS sensor that generates exceptional picture quality even in very low-light conditions. Other key features include true day/night capabilities and an RS-485 external control.

The SNC-VB635 is expected to be available through Sony’s product distribution channel in the
fourth quarter of 2013.

Contact:
Tom Di Nome
Sony Electronics
201.930.6357
tom.dinome@am.sony.com

Jennifer Gill
Muirfield Partners
310.785.0810
jenn@muirfieldpartners.com

 

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Monica Trevino was promoted to Senior Manager, Corporate Loss Prevention for GameStop.
Nathan Hamblin
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Drink Up: 10 Leadership Lessons from the CEO Of Anheuser-Busch InBev  The CEO of one of the world's beer giants knows a thing or two about being a leader, especially when changes are about to take place. Follow his ten lessons to build your company into a high performer. (Take the bad with the good)

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