loss prevention

The Problem No One Wants to Talk About

A client, who I’ll call Mary, is the owner of a small natural foods store. A new bookkeeper had been on the job for several months before Mary studied the bank records and realized $15,000 had disappeared. Mary confronted the bookkeeper, who sobbed that she'd "borrowed" the money to pay her mortgage. Mary was touched by this story. She intended to fire the bookkeeper, [...]

Protecting People and Assets:  Implementing a Security Plan

                        If there’s one thing retailers know, it’s that they have to expect surprises and mishaps as a matter of course in business.  Many things can go wrong in a flash, and unfortunately, are not that unusual: power outages, organized shoplifting, workplace injury.  The safety and security of the store’s physical infrastructure, as [...]

Safety, Security, and Loss Prevention: Strategies for success

By Michael Feiner, Paul Feiner 170 January - February 2014 Food co-ops may be some of the best-intentioned enterprises across the retail spectrum. They are guided by core values of shared responsibility, environmental stewardship, support for more equitable communities, and conscious consumption; it’s hard to imagine a more mindful and ethical social venture. Yet even the best intentions do not make a co-op immune [...]