Retail Council of Canada Shares Industry Insights at Loss Prevention Discussion board

The Retail Council of Canada (RCC) hosted its yearly Reduction Prevention Discussion board Tuesday, April 12, as a result of a digital format. The Discussion board explored the hottest methods and retail strategies to far better secure people today, house, and assets.

Diane Brisebois

“Our loss avoidance local community below at RCC is a quite restricted-knit team, so it is especially important to see you all appear with each other today, specially to be in a position to share very best tactics, study from each and every other, and strengthen our procedures throughout the retail field,” explained RCC President and CEO Diane Brisebois in her opening remarks.

Even though the Discussion board was virtual, attendees could privately video chat with other individuals through the meeting web site, and there have been focused breaks throughout the day for networking.

On the lookout at the Evolution of Decline Prevention

Rui Rodrigues

The initial session of the Forum, “This is The place Decline Avoidance Evolves,” highlighted RCC Government Advisor for Reduction Avoidance and Hazard Management Rui Rodrigues and Aritzia Vice President of Loss Avoidance Chris Strongman. They mentioned transferring from loss prevention to an enterprise danger management model, and how the evolution of retail commerce has made new pressure details and hazards that retail leaders want to mitigate, which include the climbing priority of cybersecurity.

“Even with the extraordinary growth in our e-commerce, two-thirds of our revenue is still realized in our brick-and-mortar functions, so we nonetheless need a incredibly strong LP crew,” Strongman reported whilst explaining Aritzia’s transition to an company risk management model. “We’ve had to appear for expertise with a a lot more diverse skillset than the current group we experienced, but our existing roster has also been really energized about the new scope we’re getting on, and they have been continuing their have instruction.”

Mitigating the Resourceful Deception of Experienced Fraudsters

Following, Canada Article Security Fusion Centre Director Rita Estwick and Canadian Anti-Fraud Centre Performing Officer in Demand Male-Paul Larocque talked over “Mitigating the Creative Deception of Expert Fraudsters in Retail.”

Estwick and Larocque touched on what you will need to observe for with impending return fraud, cryptocurrency pink flags, how merchants can mitigate present card fraud, and what merchants can do collectively to handle these issues and present means and actionable strategies for reward card fraud mitigation.

“We normally forget about that though we may have a reduction resulting from some sort of fraud, two experiences may be tied to yet another 5 or eight and it will become a great deal broader, and you emphasize the important position we engage in as the decline avoidance staff,” Estwick mentioned.

The Impact of Transforming In-shop Experiences

Director of Loss Prevention for Sephora Canada Calandra Guiry, Nationwide Director of Asset Protection and Well being and Security for Staples Canada Paul Trickett, and RCC Senior Retail Advisor Michael LeBlanc then took the virtual stage to take a look at “The Impact of Modifying In-shop Activities.”

This session seemed at how suppliers are responding to in-keep improvements these types of as cell and self-checkouts, and changing wellness and protection measures.

“We continue to do pre-screening before people today enter the developing . . . we make certain if a customer is far more relaxed with team sporting a mask in the course of their assistance, that transpires,” Guiry stated. “We’re making confident anyone is sensation safe coming into our shops for the duration of this time.”

“It’s been a journey,” Trickett explained. “We were on a journey with our groups and clients appropriate from the get-go, and we had to pivot really speedily. We experienced some merchants that remained open up pretty a great deal during the full pandemic with diminished hrs, but finally we ended up mandated to shut merchants. We figured out early on that clients, since of what we bought and a great deal of businesses pivoting to functioning remote, they have been hunting for us to established up their in-house office environment, so we had to pivot very immediately to provide our customers all across Canada.”

Other highlights of the Forum integrated a RCC Reduction Avoidance Task Pressure update a session on doing the job smarter with LP tech and advancing collaboration on organized retail criminal offense in Canada.

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