As global economies begin to emerge from their prolonged downturn, retail shrink has begun to ease slightly from last year's record levels, according to the Centre for Retail Research's fourth annual Global Retail Theft Barometer. But even though many LP professionals have taken smart steps to help reduce shrink at their companies, this year's report highlights a number of challenges that retailers must understand and confront in order to continue to rein in shrink and improve their profitability.

Professor Joshua Bamfield, author of the study, will shed light on this year's findings and offer his insights as to what this means for retailers' loss prevention strategies. In addition to such important annual statistics as sources of theft, high-theft product areas, and costs of retail crime, this 30-minute webinar also will focus on specific actions retailers are taking to reduce shrink, increase sales, and improve their bottom line. Professor Bamfield's remarks will be followed by a live question-and-answer period enabling attendees to gain an understanding of the way this impacts retailers and how they can improve their future loss prevention initiatives.

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