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An attempt to recover merchandise is known as a recovery or a "burn" and is generally one of the primary job duties of loss prevention associates. Many retailers operate in-store loss prevention teams including Target, Walmart, Macy's, JCPenney, Nordstrom, and Sephora. Teams generally have anywhere from 1–15 individuals depending on location.
A store detective (also known as Asset Protection Investigator, undercover shopper, Loss Prevention Detective, and Asset Protection Specialist) is a member of loss prevention whose main role is to prevent and detect theft (commonly known as shoplifting) and reduce shrink in retail outlets. [1]
Depositions from Walmart's asset protection investigators described various methods used by perpetrators: simple shoplifting, removing price tags and failing to scan all items at the self-checkout ...
According to a Walmart spokesman, it was estimated that the company would have saved $245 million in costs by opening its own bank. On March 16, 2007, Walmart announced that it had officially withdrawn its application with the Utah Department of Financial Institutions. [23] Bud's Discount City was a unique store as retail stores go. The store ...
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WORCESTER – The cheers and applause of hundreds of employees marked conclusion of an $8 million revamp that breathed new life into Walmart Supercenter off Tobias Boland Way on Friday morning.
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