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Checkpoint Systems is an American company that specializes in loss prevention and merchandise visibility for retail companies.It makes products that allow retailers to check inventory, quicken the replenishment cycle, prevent out-of-stocks and reduce theft.
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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]
Anti-theft systems protect valuables such as vehicles and personal property like wallets, phones, and jewelry. [1] [2] [3] They are also used in retail settings to protect merchandise in the form of security tags and labels. [4]
In 2008, ExxonMobil settled with the State of Maryland for $4 million for cleanup, [3] with a possible $1 million additional fine if they do not adhere to the clean-up schedule. ExxonMobil states it has spent over $38 million as of 2009 for clean-up efforts. The entire clean-up process could take a decade or more. [citation needed]
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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]
A Chinese hack compromised even more U.S. telecoms than previously known, including Charter Communications, Consolidated Communications and Windstream, the Wall Street Journal reported late on ...