Survey respondents noted the COVID-19 pandemic environment, staff safety, lower police response and higher risks as some of the reasons for less shoplifter apprehensions in the previous year.

The Master Level Partnership secures numerous certification course scholarships and complimentary LPF memberships to be distributed to loss prevention professionals, helping them secure the benefits of the LPF.

This partnership expands SES offerings to include Sensormatic Solutions’ portfolio of loss prevention and asset protection solutions, including a wide offering of electronic article surveillance (EAS) solutions, Shrink Management as a Service (SMaaS), Shopper Insights digital analytics, and Sensormatic IQ, a new intelligent operating platform for retail.

The company began awarding the scholarships in 2009 in support of career development and continuing education in this rapidly‐growing industry. 

Jack L. Hayes International Inc. released the results of its 33rd annual retail theft survey, which reports on more than 184,000 shoplifters and dishonest employee apprehensions in 2020 by 22 large retailers, who recovered over $81 million.

Vector Security Networks announced the recipients of its 2020 Loss Prevention Foundation (LPF) scholarships, which provide financial support to loss prevention professionals seeking to obtain Loss Prevention Qualified (LPQ) and Loss Prevention Certified (LPC) certifications.

Loss prevention professionals as well as those who aspire to work in loss prevention in the United States and Canada can apply for Vector Security’s annual Loss Prevention Foundation (LPF) scholarship program now through March 31, 2020.

Theft, fraud and losses from other retail “shrink” totaled $50.6 billion in 2018, up from $46.8 billion the year before as industry security executives said there is a growing overlap between loss prevention and cybersecurity efforts.

Vector Security Networks, a division of Vector Security Inc. and an integrator of physical security solutions and managed services for North American retailers and multi-site businesses, announced the recipients of its 2019 Loss Prevention Foundation (LPF) scholarships, which provide financial support to loss prevention professionals seeking to obtain Loss Prevention Qualified (LPQ) and Loss Prevention Certified (LPC) certifications.

Organized retail crime is continuing to grow, with nearly three-quarters of retailers surveyed reporting an increase in the past year, according to the 14^th annual ORC study by the National Retail Federation.