Rick Charney

Results: NRF 2018 National Retail Security Survey

Posted by Rick Charney on January 28, 2019

The good news for retailers is that shrink rates have shrunk from the previous year according to the 2018 National Retail Security Survey. Shrink — the loss of inventory due to theft, error, fraud, or shoplifting — costs 1.33 percent of sales, which totals $46.8 billion. That…

Dallas/Fort Worth Retail Real Estate Reaches 95% Occupancy Rate

Posted by Rick Charney on January 18, 2019

Over the past 15 years, the North Texas region has added nearly 60 million square feet of retail real estate space. In that same time span, the Dallas/Fort Worth area has gone from an occupancy rate of 89 percent to 95 percent, making it the longest streak of rates above 90 in…

Medical Tenants on the Rise in Orange County Shopping Centers

Posted by Rick Charney on December 21, 2018

Online shopping has certainly made life more convenient for consumers. However, many brick and mortar stores are losing business, forcing some to close their doors. These vacancies have left shopping center managers with empty sites and huge holes in their net operating income.…

Chicago-Area Security Guard Killed by Responding Officers

Posted by Rick Charney on November 21, 2018

Many bars and clubs hire security guards to supervise the door, protect employees and valuable assets, manage crowd control, as well as handle other security-related duties. Because of the often-risky nature of their jobs, guards face hazards that differ from other workers. In…

How Do Audio Warnings Deter Unwanted Activity?

Posted by Rick Charney on November 12, 2018

The last thing a criminal wants, besides getting caught, is to attract attention. That’s why audio warnings are an effective method for deterring unwanted activity. Not only do audio warnings highlight a situation, they let intruders know they are being watched. The earlier…

The Importance of Preparing for Holiday Crime

Posted by Rick Charney on November 8, 2018

The end of Halloween signals the beginning of the holiday season. Shopping centers, mixed-used properties and other types of retail businesses will be bustling with events, shoppers and unfortunately, criminals. The National Crime Prevention Council (NCPC) released its list of…

What is Property Damage Liability and Who is Responsible?

Posted by Rick Charney on October 1, 2018

The term property damage liability is batted around a lot in the insurance industry, but what exactly is it? Put simply, if you are the cause of an accident, whether you hit a gate, a building or another vehicle, your property damage liability coverage will pay for it.…

Toronto Police Will Stop Responding to Unverified Burglar Alarms

Posted by Rick Charney on September 28, 2018

A recent article in the Toronto Star reported that Toronto police will stop responding to burglar alarms unless there is evidence of actual criminal activity. The department performed an internal review, revealing that 97% of their calls in 2017 were false alarms. This change…