Iverify

CHARLOTTE, N.C.—Family Dollar stores around the nation will soon be protected by third-party monitored video, a move that is intended to reduce shrink and replace guard services for the retailer. At the end of April, Iverify announced it won a five-year contract valued at $39 million to provide video monitoring services to 529 Family Dollar stores, nationwide.

DETROIT—Iverify president Mike May was onsite in late May doing a risk assessment for a client, a large, urban retail store here, when a gang of youths attacked, and brutally beat a lone individual. May’s quick action—prompted by 10 years of law enforcement and EMT experience —very likely saved the victim’s life.

BEAVERTON, Ore.—With its 450 specialty stores and more than 1,000 partner stores around the world, even large corporations like Nike continue to find ways to improve its loss prevention program.