NCJ Number
235455
Journal
Security Journal Volume: 24 Issue: 3 Dated: 2011 Pages: 217-224
Date Published
2011
Length
8 pages
Annotation
This article provides retailers with information on loss prevention solutions.
Abstract
Retailers face difficult and expensive decisions regarding what loss prevention intervention they should use to reduce shrink. A Randomized Controlled Trial (RCT), based on the experimental research approach, can provide retailers with valuable information regarding the effectiveness of a loss prevention intervention. Implementing a RCT in the real world of retailing, however, presents several challenges to the validity of the results. This article, based on the experience of implementing several RCT projects for retailers, examines the threats to the validity of the results. It also provides practical recommendations for correcting the threats to validity. This article also recommends that researchers and retailers must collaborate to implement effective RCT research projects. (Published Abstract)