LP SOLUTIONS
Providing Top Quality Loss Prevention Training & Consulting Services
 







 
  What is Retail Loss Prevention? The focus generally includes shoplifting and embezzlement by store staff. "Loss prevention" or "LP" is used to describe a number of methods used to reduce the amount of all losses and shrink often related in the retail environment.
 
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  You may ask yourself if there is a need for loss prevention agents?  The answer is "Yes".  Take a look at this 2011 Retail theft Survey conducted by Jack Hayes International.

Annual Retail Theft Survey

Over 1 Million Shoplifters & Dishonest Employees Apprehended in 2011 by Just 24 Major Retailers According to the 24th Annual Retail Theft Survey by Jack L. Hayes International

  “In 2011, both the apprehensions and recovery dollars from shoplifters and dishonest employees rose; up 5.8% and 11.4% respectively,” said Mark R. Doyle, President of Jack L. Hayes International. “While shoplifter apprehensions rose 6.0% and dishonest employee apprehensions rose 3.3%, the recovery dollars from these apprehensions was up 13.9% for shoplifters and 5.6% for dishonest employees. It should also be noted that shoplifter apprehensions and recovery dollars have increased 8 of the past 10 years!”  Mr. Doyle added, “The seriousness of retail theft is a much greater problem than many people realize.  These theft losses are driving retail prices higher and putting some stores out of business".
 
 
 
       
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