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Theft and crime are driving retail workers to look for new roles, joint study from the Loss Prevention Research Council and Verkada finds

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SAN MATEO, Calif. and GAINESVILLE, Fla., Dec. 2, 2024 /PRNewswire/ — More than four in ten retail workers in the U.S. say they are likely to leave their current job in the next 12 months due to personal safety concerns, according to new research conducted by the Loss Prevention Research Council (LPRC) in partnership with Verkada.

LPRC and Verkada’s State of Retail Safety Report reveals the challenges facing retail workers and, importantly, offers a blueprint for employers tasked with addressing them.

Safety concerns are widespread, and workers report higher-ups aren’t taking action: More than one in four (27%) retail workers reported feeling unsafe at work. Those fears aren’t unfounded: more than half (54%) of retail workers experienced customer aggression or harassment. Despite these persistent threats, nearly one in four (22%) retail workers say their workplace has minimal to no security and 62% say that their company hasn’t changed the level of security measures in the last 12 months.These threats have a ripple effect on retention and hiring: Nearly twenty percent of retail workers report they have considered looking for a new job due to personal safety concerns, and they are motivated: 40% report they are likely to leave their current job in the next 12 months due to personal safety concerns. Retailers face hurdles when they’re backfilling these roles, though: 37% of store managers agree that concerns about safety are a barrier to hiring.Retail workers believe better security would help: Nearly three in four (71%) retail workers who have experienced some type of violence at work say they would feel safer with enhanced security measures. Those same respondents say that theft (77%), robbery (76%), and physical assaults (61%) could have been prevented had better security been in place.But just increasing security isn’t enough: Retail workers also need better mechanisms to report these threats to law enforcement. Only half (52%) of respondents always report violent incidents to police/law enforcement. The number drops even lower when asked about witnessing a coworker(s) experiencing physical violence, where only 44% reported to police or law enforcement.

“Retail is a cornerstone of the economy, supporting 1 in 4 American jobs. The unfortunate reality is that today, retail workers are being asked to shoulder unacceptable risks every time they clock into work,” said Read Hayes, Ph.D., Executive Director of the Loss Prevention Research Council. “This research provides a sobering snapshot of that reality, and builds on the Loss Prevention Research Council’s ongoing work to provide a roadmap for how retailers can better protect their employees and merchandise, and importantly, create safer work environments.”

“Safety is a fundamental right, and we have a responsibility to protect the 55 million Americans who work in retail,” said Alana O’Grady Lauk, Vice President of Public Affairs at Verkada. “This study underscores the importance of not only investing in security infrastructure but also creating a culture where retail workers feel valued, protected, and heard.”

Learn more and access the full report here.

About LPRC and Verkada’s State of Retail Safety Report
To better understand the state of safety and the emotional toll it’s taken on retail workers, the Loss Prevention Research Council and Verkada conducted a mixed-methods study in the summer of 2024. First, The Harris Poll distributed an online survey to over 1,000 retail workers across the United States. Next, the Loss Prevention Research Council conducted semi-structured interviews with 10 individuals sourced by The Harris Poll. These interviews typically lasted for an hour with questions asking about their particular experiences with violence.

About the Loss Prevention Research Council (LPRC)
The Loss Prevention Research Council partners with retail industry executives, solution partners, and law enforcement officials to conduct scientific research to improve retail asset protection. They focus on preventing and detecting theft, fraud, and violence in retail settings. The LPRC is a vital hub for retail leaders seeking advanced strategies in retail crime prevention. Members get access to the latest research, best practices, and retail insights on asset protection, plus opportunities to collaborate with industry experts through training programs and networking events to advance their professional development. To learn more about the Loss Prevention Research Council’s events and membership, please visit lpresearch.org.

About Verkada
Designed with simplicity in mind, Verkada’s six product lines — video security cameras, access control, environmental sensors, alarms, workplace, and intercoms — provide unparalleled building security through an integrated, secure cloud-based software platform. Over 28,000 organizations across 83 countries worldwide trust Verkada as their physical security layer for easier management, intelligent control, and scalable deployments. For more information, please visit www.verkada.com.

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MESCIUS Launches Spread .NET v18

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January 10, 2025

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PITTSBURGH, Jan. 10, 2025 /PRNewswire/ — MESCIUS inc., a global provider of award-winning enterprise software development tools, is pleased to announce the Spread .NET v18 release. The highlights of Spread .NET v18 include exciting features, such as enhanced PDF output quality, a new WPF spreadsheet, copying skip invisible ranges, and more. These features expand developers’ capabilities within their .NET applications when building high-performance enterprise spreadsheets. Spread .NET v18 is now available as an upgrade for existing customers and a download for new customers on the MESCIUS website.

Spread.NET v18 launches with a new WPF version, improved PDF saving (with higher resolution), and much more.

With Spread .NET v18, saving .NET spreadsheets to PDF delivers higher resolution and improved image quality, in line with Excel-compatible printing features. Rich text, flat style modes, transparent shapes, and header/footer images are better rendered, providing professional-grade PDF outputs. Read the release announcement to learn more about the enhanced PDF output quality in Spread .NET v18.

This latest release introduces an all-new WPF spreadsheet component version with significant enhancements, including iterative calculations, dynamic arrays, advanced charting, and external data integration. This update sets the stage for continued WPF innovations in future releases. Visit the website to get started with Spread .NET’s new WPF spreadsheet version.

In Spread .NET v18, users can copy cell ranges while excluding hidden rows and columns. To streamline operations in spreadsheets with filtered or hidden data, enable the RichClipboard and CopySkipInvisibleRange properties. Learn how to get started with this Spread .NET v18 release feature.

“We just released Spread .NET v18, which included some big features like enhanced PDF export and a brand new WPF Spreadsheet version, providing a few calculation enhancements, a new chart engine, and a formula text box,” said Product Manager Kevin Ashley. “These features can help enhance your applications with more Excel-like capabilities in both WinForms and WPF.”

About MESCIUS inc.: MESCIUS inc. is one of the world’s largest providers of developer components. The company retains 400 employees and hundreds of thousands of customers worldwide. MESCIUS inc. is committed to providing enterprises around the world with state-of-the-art developer tools and components, software services, and solutions. For more information, visit https://developer.mescius.com.

All product and company names herein may be trademarks of their respective owners.

View original content:https://www.prnewswire.com/news-releases/mescius-launches-spread-net-v18-302347624.html

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Puneet Shivam Appointed CEO of Right Skale Inc, a global Data and Cloud Services Company

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January 10, 2025

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Right Skale Inc, a native AI-powered data services company, announces the appointment of Puneet as Chief Executive Officer marking the next phase in the company’s development.

PLEASANTON, Calif., Jan. 10, 2025 /PRNewswire-PRWeb/ — Right Skale announces that Puneet Shivam will join as a Co-founder and Chief Executive Officer, marking a strategic move to accelerate Right Skale’s transformation into a global AI-enablement leader.

“Right Skale is uniquely positioned, and our vision is clear – become the premier AI enablement partner of choice by 2030”, says Puneet Shivam on joining as a co-founder of Right Skale.

Puneet joins from Avendus Capital Inc, where he served as CEO and Managing Director, leading the Enterprise Technology & Services practice. In this role he enabled numerous emerging technology services organizations in scaling up and in value realization. Prior to Avendus, Puneet was instrumental in establishing Inductis (now EXL Analytics) into one of the first and highly reputed data analytics company, delivering high impact analytics initiatives across Fortune 500 companies.

A Winning Partnership. Amit Shah, Founder, commented: “Puneet’s leadership accelerates our mission of helping enterprises achieve their business goals through AI-enabled data services. His experience in growing global businesses and his deep industry relationships will be invaluable.”

“We partner with clients to unlock value through AI-powered solutions. By combining deep technology expertise with business understanding, we help enterprises enhance customer experiences, optimize operations, and drive growth. I am excited to join hands with Amit and the team,” says Puneet Shivam. “Right Skale is uniquely positioned, and our vision is clear – become the premier AI enablement partner of choice by 2030”

About Right Skale:

Right Skale is an AI-enabled technology services company helping enterprises navigate digital transformation through data and cloud innovation. Our mission is to empower businesses to thrive in the AI era. The company’s approach focuses on practical AI implementation – experimenting, validating, and scaling solutions that deliver measurable business outcomes. Through strategic partnerships with leading cloud and data technology providers, Right Skale helps clients build future-ready digital capabilities. For more info, please email us at info@rightskale.com www.RightSkale.ai & www.RightSkale.com

Media Contact

HR, Right Skale Inc, 1 (408) 658-0779, info@rightskale.com, www.RightSkale.ai

HR, Right Skale, info@rightskale.com, www.RightSkale.ai

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SOURCE Right Skale Inc

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Pensions & Investments and NAIC Announce Alliance to Support Diverse Asset Managers

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January 10, 2025

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WASHINGTON, Jan. 10, 2025 /PRNewswire/ — The National Association of Investment Companies (NAIC), the industry association and largest network of diverse-owned alternative investment firms, and Pensions & Investments (P&I) have entered into a multi-year alliance designed to promote objectives related to increasing diversity and inclusion in the institutional investment industry. 

Through this alliance, NAIC and P&I will work together to advance the pool of diverse talent within the private markets by growing the assets allocated to diverse-owned and managed firms through investor-facing education and resources. They will collaborate to develop and publish thought leadership content related to the impact diverse-owned firms have on the industry and the economy. NAIC member firms will benefit from access to the P&I Research Center, which provides insights including current and historical data, key contact information for institutional investors, market intelligence, trend analysis, competitive benchmarking and more.

“Pensions & Investments is pleased to partner with NAIC to shine a spotlight on some of the innovative and great work being done by diverse- and woman-owned firms in the alternatives space. There is increased interest in how to leverage alternative assets across the institutional investment and retirement landscape, and we’re looking forward to sharing data, insights and content that can amplify the voices represented by NAIC member firms,” says Nikki Pirrello, President and Publisher, Pensions & Investments. “Our audience is hungry for information on effective investment strategies and high-performing managers, and we believe this partnership will allow us to continue to expand our universe of those we are covering.”

By joining forces, NAIC and P&I will raise awareness of the diverse- and woman-owned alternative investment firms that drive growth in every major industry sector. “We are excited that Pensions & Investments, a leading voice in investment management, shares NAIC’s goal of increasing diversity and inclusion in the institutional asset management industry,” says Robert L. Greene, NAIC’s President & CEO. “We look forward to the opportunities this alliance will provide our members to identify trends and share insights in order to increase the flow of capital to high-performing diverse investment firms from pensions and other investment managers.”

About the National Association of Investment Companies
With more than 54 years of advocacy and performance, the National Association of Investment Companies (www.naicpe.com) is the trade association and largest network of diverse- and women-owned alternative investment firms. NAIC’s membership comprises more than 190 diverse-owned alternative investment firms that collectively manage over $460 billion in assets under management. NAIC member firms invest with more than 2,200 portfolio companies globally and consistently generate superior returns that help fuel the growth of the retirement and asset management industries. www.naicpe.com

About Pensions & Investments
With unmatched integrity and professionalism, Pensions & Investments consistently delivers news, research and analysis to the executives who manage the flow of funds in the institutional investment market. Since its founding in 1973, this continues to be the mission of Pensions & Investments, the international newspaper of money management. Written for pension, portfolio and investment management executives at the hub of this market, Pensions & Investments provides its audience with timely and incisive coverage of events affecting the money management business. Written by a worldwide network of reporters and correspondents, Pensions & Investments’ coverage includes business and financial news, legislative reports, global investments, product development, technology, investment performance, executive changes, corporate governance and other topics crucial to the people who drive the world of professional money. Pensions & Investments is owned by Crain Communications Inc. www.pionline.com

CONTACT:
Kristen Perlman
Vice President, Marketing and Insights
National Association of Investment Companies
kperlman@naicpe.com

View original content:https://www.prnewswire.com/news-releases/pensions–investments-and-naic-announce-alliance-to-support-diverse-asset-managers-302347240.html

SOURCE National Association of Investment Companies

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