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Retail Loss Prevention
Retail loss prevention (also known as retail asset protection) is a set of practices employed by retail companies to preserve Profit (accounting), profit. Loss prevention is mainly found within the retail sector but also can be found within other business environments. Retail loss prevention is geared towards the elimination of preventable loss. Most companies take this traditional approach by either having their own in-house loss prevention team or using external security agencies. Shrink Items that are unaccounted for compared to what the inventory system believes the store should have are losses or "shrink". Shrink is caused by operational errors, internal theft, and external theft. Retail loss prevention is responsible for identifying these causes and following up with training, preventing, investigating, responding to and resolving them. According to the 2018 Federal National Retail Security Survey, the average Shrink % for US Retailers is 1.33%. Global Shrink Rates Avera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset Protection
Asset protection (sometimes also referred to as ''debtor-creditor law'') is a set of legal techniques and a body of statutory and common law dealing with protecting assets of individuals and business entities from civil money judgments. The goal of asset protection planning is to insulate assets from claims of creditors without perjury or tax evasion. Asset protection consists of methods available to protect assets from liabilities arising elsewhere. It should not be confused with ''limiting liability'', which concerns the ability to stop or constrain liability to the asset or activity from which it arises. Assets that are shielded from creditors by law are few: common examples include some home equity, certain retirement plans and interests in LLCs and limited partnerships (and even these are not always unreachable). Assets that are almost always unreachable are those to which one does not hold legal title. In many cases it is possible to vest legal title to personal assets in a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ink Tag
Ink tags are a form of retail loss prevention that is commonly used in clothing stores. These tags contain glass vials filled with permanent ink and have a thick plastic cover. The tags are attached to the items they protect with a magnetic lock which requires a special tool to remove. When forcibly removed from the item the vials of ink will shatter, releasing the ink and irreparably damaging the fabric. The tags typically have warning labels to discourage tampering. Ink tags fall into the loss prevention category called benefit denial. As the name suggests, an ink tag discourages theft by denying the shoplifter any benefit for their efforts. Ink tags are most effective if used together with another anti-shoplifting system. Benefits and drawbacks Although the use of ink tags does not prevent the theft of an item, it does strongly discourage it by decreasing the benefit received by the shoplifter. Ink tags lack the benefits of other forms of loss prevention such as RF ID tags ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Package Theft
Package theft or cargo theft is the theft of a package or parcel. It can occur anywhere in the distribution channel. One major type of package theft is porch piracy, which has been defined as, "Taking possession of a package or its contents, outside of a residence or business, where it has been commercially delivered or has been left for commercial pickup, with intent to deprive the rightful owner of the contents or even try to sell the contents. According to reports, porch piracy is widely regarded as a difficult crime to resolve, with a mere 10% of cases resulting in an arrest by the police. A significant number of these incidents remain unsolved. Distribution channel Packages, pallet loads, and full truck loads are subject to theft. This can take place anywhere from the shipper, carrier, or consignee. It can involve individuals with an opportunity to take a package or can involve organized crime. Security systems involving surveillance systems, tracking systems, and br ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Package Pilferage
Package pilferage is the theft of part of the contents of a package. It may also include theft of the contents but leaving the package, perhaps resealed with bogus contents. Small packages can be pilfered from a larger package such as a shipping container. Broader and related aspects of package theft may include taking the entire package, pallet load, truck load, shoplifting, etc. The theft may take place at any point in the parcel's journey from source to destination, including theft by rogue logistics employees and customs agents in international mail scenarios. Solutions Solutions involve ''all phases'' of product production, packaging, distribution, logistics, sale, and use. No single solution is considered as "pilfer proof". Often, packaging engineers, logistics engineers, and security professionals have addressed multiple levels of security to reduce the risk of pilfering. Each situation is unique. Some considerations have included: * Identifying who a potential pi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
McAfee Institute
McAfee Institute is an American professional certification and training organization founded in 2010 by Joshua McAfee. It provides online education programs for professionals working in intelligence, investigations, law enforcement, cybersecurity, and corporate security fields. The Institute offers certifications in areas such as cyber intelligence, open-source intelligence (OSINT), cryptocurrency investigations, human trafficking investigations, and workplace violence prevention. Programs and Certifications McAfee Institute offers a range of online certification programs targeted at professionals in law enforcement, military, intelligence, cybersecurity, private investigation, and corporate sectors. The Institute’s programs cover topics including: * Cyber intelligence and investigations * Cryptocurrency investigations * Counterintelligence * Human trafficking investigations * Artificial intelligence applications in investigations * Workplace violence prevention and active ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2021–present United Kingdom Cost-of-living Crisis
In late 2021, the prices of many essential goods in the United Kingdom began increasing faster than Income in the United Kingdom, household incomes, resulting in a fall in real incomes. The phenomenon has been termed a cost-of-living crisis. It is due in part to the economic impact of the COVID-19 pandemic, including 2021–2023 inflation surge, a global surge in inflation, as well as the economic instability caused by Economic effects of Brexit, Brexit and the Economic impact of the Russian invasion of Ukraine, Russian invasion of Ukraine. While all in the UK are affected by rising prices, the crisis most substantially affects Poverty in the United Kingdom, low-income persons. The British government has responded with measures including grants, tax rebates, and subsidies to electricity and gas suppliers. Regular pay began to outpace inflation beginning in May 2023, but living costs have remained at elevated levels, and have continued to increase faster than headline inflation i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barcode Reader
A barcode reader or barcode scanner is an optical scanner that can read printed barcodes and send the data they contain to computer. Like a flatbed scanner, it consists of a light source, a lens, and a light sensor for translating optical impulses into electrical signals. Additionally, nearly all barcode readers contain ''decoder'' circuitry that can analyse the barcode's image data provided by the sensor and send the barcode's content to the scanner's output port. Types of barcode scanners Technology Barcode readers can be differentiated by technologies as follows: Pen-type readers Pen-type readers consist of a light source and photodiode that are placed next to each other at the tip of a pen. To read a barcode, the person holding the pen must move the tip of it across the bars at a relatively uniform speed. The photodiode measures the intensity of the light reflected back from the light source as the tip crosses each bar and space in the printed code. The photodiode g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hypermarket
A hypermarket or superstore is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In theory, hypermarkets allow customers to satisfy all their routine shopping needs in one trip. The term ''hypermarket'' () was coined in 1968 by French trade expert Jacques Pictet. Hypermarkets, like other big-box stores, typically have business models focusing on high-volume, low-margin sales. Typically covering an area of , they generally have more than 200,000 different brands of merchandise available at any one time. Because of their large footprints, many hypermarkets choose suburban or out-of-town locations that are easily accessible by automobile. History Canada Loblaws established its Real Canadian Superstore chain in 1979. It sells mainly groceries, while also retailing clothing, electronics and housewares. Its largest competi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oregon
Oregon ( , ) is a U.S. state, state in the Pacific Northwest region of the United States. It is a part of the Western U.S., with the Columbia River delineating much of Oregon's northern boundary with Washington (state), Washington, while the Snake River delineates much of its eastern boundary with Idaho. The 42nd parallel north, 42° north parallel delineates the southern boundary with California and Nevada. The western boundary is formed by the Pacific Ocean. Oregon has been home to many Indigenous peoples of the Americas, indigenous nations for thousands of years. The first European traders, explorers, and settlers began exploring what is now Oregon's Pacific coast in the early to mid-16th century. As early as 1564, the Spanish expeditions to the Pacific Northwest, Spanish began sending vessels northeast from the Philippines, riding the Kuroshio Current in a sweeping circular route across the northern part of the Pacific. In 1592, Juan de Fuca undertook detailed mapping a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fred Meyer
Fred Meyer, Inc. is an American chain of hypermarket superstores and subsidiary of Kroger based in Portland, Oregon. The stores operate in the northwestern United States, with locations in Oregon, Washington, Idaho, and Alaska. The company was founded in 1922 by Fred G. Meyer in Portland. The chain was one of the first in the country to promote one-stop shopping, eventually combining a complete grocery supermarket with a drugstore, bank, clothing, jewelry, home decor, home improvement, garden, electronics, restaurant, shoes, sporting goods, and toys. Fred Meyer was acquired by Kroger in 1998, but the stores retained the Fred Meyer name. Fred Meyer is the parent company of Fred Meyer Jewelers. History 1920s–1950s: beginnings In 1922, the first Fred Meyer store opened in Portland at the corner of SW 5th Ave & Yamhill Dr. The store combined separate shops under one roof such as meat, produce, cheese, and other merchandise. Meyer's vision was to give customers more reasons t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Costco
Costco Wholesale Corporation is an American multinational corporation which operates a chain of membership-only big-box warehouse club retail stores. As of 2021, Costco is the third-largest retailer in the world, and as of August 2024, Costco is the world's largest retailer of beef, poultry, organic produce, and wine, with just under a third of American consumers regularly shopping at Costco warehouses. This article states that FedMart "became" Costco, which is incorrect. Sol Price founded Price Club after leaving FedMart. Costco is ranked #11 on the ''Fortune'' 500 rankings of the largest United States corporations by total revenue. Costco originally began with a wholesale business model aimed at enrolling businesses as members, then also began to enroll individual consumers and sell products intended for them, including its own private label brand. Costco's worldwide headquarters are in Issaquah, Washington, an eastern suburb of Seattle, although its Kirkland Signat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barcode Scanner Sign To Open A Gate, IKEA Groningen (2019)
A barcode or bar code is a method of representing data in a visual, Machine-readable data, machine-readable form. Initially, barcodes represented data by varying the widths, spacings and sizes of parallel lines. These barcodes, now commonly referred to as linear or one-dimensional (1D), can be scanned by special optical scanners, called barcode readers, of which there are several types. Later, two-dimensional (2D) variants were developed, using rectangles, dots, hexagons and other patterns, called ''2D barcodes'' or ''matrix codes'', although they do not use bars as such. Both can be read using purpose-built 2D optical scanners, which exist in a few different forms. Matrix codes can also be read by a digital camera connected to a microcomputer running software that takes a photographic image of the barcode and analyzes the image to deconstruct and decode the code. A mobile device with a built-in camera, such as a smartphone, can function as the latter type of barcode reader usin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
