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Retail loss prevention (also known as retail asset protection) is a set of practices employed by retail companies to preserve profit. [1] 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. [2]
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]
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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 ...
Michael Turner Evanoff (born 1961) is an American security expert and government official who served as the Assistant Secretary of State for Diplomatic Security.Prior to assuming that role, he served as Vice President for Asset Protection & Security for Walmart from 2014 to 2017.
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 ...
The film presents a negative picture of Walmart's business practices through interviews with former employees, small business owners, and footage of Walmart executives. [3] Greenwald also uses statistics interspersed between interview footage, to provide an objective analysis of the effects Walmart has on individuals and communities. [4]
Code Adam logo. Code Adam is a missing-child safety program in the United States and Canada, originally created by Walmart retail stores in 1994. [1] This type of alert is generally regarded as having been named in memory of Adam Walsh, the 6-year-old son of John Walsh (the host of Fox's America's Most Wanted).