TULSA, Okla.—A new group in this city is the most recent addition to the growing list of public-private partnerships forming around the country to combat organized retail crime.
BOSTON—BV Investment Partners, a private equity firm based here, is the new owner of DTT Surveillance, a provider of managed surveillance and business intelligence to the restaurant and hospitality industries, following a recapitalization announced March 15. The deal includes a $40 million credit from Capiltal One Bank.
SIDNEY, Neb.—National outdoor retailer Cabela’s has formed a special investigations team that will tackle organized retail crime affecting its 38 locations in North America.
NEW YORK—Senator Charles Schumer used his political soapbox this week to warn consumers of gift card fraud during the holiday season and to ask retailers to take the issue more seriously and protect the cards from tampering while they're in stores.
EAU CLAIRE, Wis.—Within the past year, Scott Knepper has purchased six struggling Cold Stone Creamery franchises in Wisconsin. In each case, the first thing he did was invest in a new surveillance system.
YARMOUTH, Maine–For its first 32 years, Garden Fresh Restaurant Corp. didn't give much attention to asset protection within its buffet-style restaurant chain. As a result, employee theft was widespread.
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.
The end of the year is a good time to step back and review what made the news this year. I wrote a series of articles for last week’s Newswire that focused on some of the biggest issues of the year. You can check out the Top 10 stories here. I also broke it down into sectors and wrote a small synopsis and listed the Top 5 stories for each sector. Check out what was hot in educational security, retail security/loss prevention, aviation security, and municipal security/port security/public transportation.
So to go along with that theme, I decided to post the Top 10 blogs from this year. Below is a list that I think you’ll find quite interesting:
DALLAS—To make it easier for end users to understand and adopt security solutions specific to their needs, John Kenning, president of ADT North America Commercial, announced at ASIS Oct. 12 that the “verticalization” of the commercial business is nearing completion. He also announced the creation of a new Integrated Solutions Center for end users.
