Tag: Loss Prevention
NAPCO reports record-breaking revenues in Q1 2024
November 6, 2023SSN Staff
AMITYVILLE, N.Y. – NAPCO Security Technologies has announced record-breaking financial results for its first quarter of fiscal year 2024.
Net sales for the quarter increased 6% to $41.7 million (the highest Q1 sales in the Company's history) as compared to $39.5 million for the same period last year. The trend follows from the previous quarter where the company broke its Q4 record with net sales of $44.7 million. Recurring service revenues (RSR) for the quarter increased 25% to...
OpenEye hosts Bike Build event for Washington schoolchildren
December 13, 2022Ken Showers, Managing Editor
LIBERTY LAKE, Wash. – Dec. 6 marked the twelfth year that the OpenEye cloud managed video surveillance company held its holiday Bike Build event.
OpenEye hosted more than 100 schoolchildren from the Central Valley School District, where it worked together with OpenEye staff members to build new bicycles at the company's Washington headquarters. The event also featured a presentation and hands-on labs where students could build a PC and use a surveillance camera to search for characters.
“The...
Fresh Value Supermarkets invest in customer, team member wellness
April 23, 2020
TRUSSVILLE, Ala.—For approximately 24 years, Randy Guarneri, CFE, CFI and Security Systems News“ 40 under 40” Class of 2019 winner has dedicated his professional security career to the loss prevention industry, serving in many roles including director, regional loss prevention manager, district asset protection manager, market investigator, district auditor and loss prevention manager for brands such as Winn-Dixie, Harris Teeter, Saks Fifth Avenue, Family Dollar and EZPawn.In March...
Vector Security offers loss prevention scholarship
March 5, 2020SSN Staff
PITTSBURGH— Vector Security began awarding Loss Prevention Foundation (LPF) scholarships in 2009 to provide financial support to loss prevention professionals or those interested in a loss prevention career, seeking to obtain LPF's Loss Prevention Qualified (LPQ) or Loss Prevention Certified (LPC) certifications. More than 260 scholarships totaling $262,460 have been awarded since this program began.
This year, a total of 10 LPQ and 10 LPC scholarships will be awarded to U.S.-based professionals,...
'20 under 40' end users work to build security success
February 25, 2015Amy Canfield
DELRAY BEACH, Fla.—It's difficult to raise risk awareness among employees when everyone thinks everything is going just fine. Achieving security autonomy across different types of businesses that fall under one banner with almost 30,000 employees is difficult, too.
Those were just two of the challenges discussed by two of the “20 under 40” end user award winners at during the Next Gen Security Series at TechSec Solutions 2015, held here Feb. 3-4.
“Challenge is changing...
Fighting ORC requires new tech, partnerships, experts say
October 15, 2014Amy Canfield
WORCESTER, Mass.— Loss prevention specialists were encouraged to embrace new technology and to network and form partnerships with law enforcement at the eighth annual conference of the New England Organized Retail Crime Alliance, which convened here last month.“We've been preaching about the cost to retailers for years now. This conference shows how much we care about this issue. This is an important day to network,” the conference's master of ceremonies, Kevin M. Plante, said in...
Fike engineer wins prestigious award
April 10, 2014SSN Staff
BLUE SPRINGS, Mo.—Fike senior test engineer Tom Farrell has earned the William H. Doyle award, the company recently announced. The award was presented at the Loss Prevention Symposium during the American Institute of Chemical Engineers Global Congress on Process Safety, held in in New Orleans, La. March 30-April 3.
Given annually since 1984, the William H. Doyle award recognizes the best paper presented at the previous year's Loss Prevention Symposium.
The winning paper, “Dust...
Specialty retailer opts for DTT for 'better grasp'
January 23, 2014Amy Canfield
LAS VEGAS—A Florida-based Edible Arrangements franchisee is the latest specialty retailer to move to DTT Surveillance, a manufacturer and integrator based here, for digital surveillance and managed loss prevention.Edible Arrangements franchisee Dennis A. Jolicoeur said DTT's solution for his five Tampa Bay-area outlets allows him to have a “better grasp” on his overall operation, from point-of-sale surveillance to his employees' customer service and more. Apparently, he's not alone...
DTT lands $60M credit facility
October 30, 2013Martha Entwistle
LOS ANGELES—DTT Surveillance, which announced in July that it would open a new office in Las Vegas, hire 500 new employees and enter two new vertical markets, now has $60 million to expand on those plans.“It's fuel for the fire,” Sam Naficy, DTT president and CEO, told Security Systems News. “We've had strong growth in our core hospitality space and our two new vertical markets—specialty retail and the convenience store space, which we launched in July—have done...
Tyco's Pernice on shrinking shrink
November 27, 2012Martha Entwistle
In the spirit of the shopping season that is now upon us, I spoke today to Tyco Integrated Security's Lee Pernice about trends in retail security. What's TycoIS's approach to shrinking shrink?
We talked about TycoIS's work on “shrink visibility.” TycoIS has been heavily involved with retail security for years, but it's promoting a combination of existing technologies [RFID, EAS, video surveillance and POS systems] as a way for retail LP/security professionals to be less reactionary.
Inventory...