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Tag: Loss Prevention


NAPCO Q1 2024 continues with record breaking revenues

Commercial

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...

Alarm Lock, Financial Results, First Quarter (Q1), Loss Prevention, Recurring service revenue (RSR), Richard Soloway, Security


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OpenEye hosts Bike Build event for Washington schoolchildren

General News

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...

Central Valley School District, Chris Davis, cloud managed video surveillance, Cloud-Based, Heroic Customer Support, Loss Prevention, Matt Bolster, OpenEye, Rick Sheppard, surveillance camera, Young Presidents’ Organization (YPO)


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General News

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...

Coronavirus, COVID-19, COVID19, Loss Prevention, Randy Guarneri, retail security


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Also Noted

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,...

Loss Prevention, Loss Prevention Foundation, Scholarship, Vector Security


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20 Under 40

'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...

20 under 40, 2015, A&P, Brad Reeves, Brian Katz, David Avedikian, Google, Loss Prevention, Next Gen Security Series, Physical Security, Security Systems News (SSN), Southwest Airlines, TechSec Solutions


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General News

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...

CVS Health, J.C. Penney; Jay Bartholomew, joe larocca, Kevin M. Plante, Loss Prevention, Malay Kundu, New England Organized Retail Crime Alliance, retail security, Stoplift Checkout Vision Systems


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Also Noted

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...

Award, Fike, Jef Snoeys, Jim Vingerhoets, John Going, Loss Prevention, Tom Farrell


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Commercial

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, Edible Arrangements, Loss Prevention, Physical Security, Sam Naficy


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Commercial

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...

Capital One, credit facility, digital surveillance, DTT, John Robuck, Loss Prevention, Sam Naficy


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On The Editor's Desk

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...

Lee Pernice, Loss Prevention, retail security, shrink


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