Loss Prevention Research Council Weekly Series - Episode 29 - Law Enforcement Election Preparation and Trends
With Dr. Read Hayes, Tony D'Onofrio, Tom Meehan, and special guest Terrance Gainer
Special guest Terrance Gainer, founder of Terrance W. Gainer, LLC, joins the CrimeScience podcast to talk about the election outcome response, the substantial increase in murders and non-fatal shootings, data reporting, and police departments adaptations to increase public engagement & safety. Our co-hosts also discuss the pandemic, social media censoring algorithms, consumer perception of the new normal, holiday season predictions, and much more.
KPMG Global consumer survey Wave 5 Consumers see current challenges for the new normal to extend next 12 months. Net spend is expected to be down 22% over the next 6 to 12 months. Personal safety moves into the top 3 as a purchase driver. Net trust in retail companies is now at -4% versus pre-COVID-19, a drop of -7% in 11 weeks. Net spend in grocery to increase 11% in next 6-12 months. Non Grocery spend will decrease 34% next 6-12 months.
Visual Capitalist new data on Amazon. With a market cap of $1.7 trillion, Amazon is currently the most valuable retailer in the world. The company is expected to account for 4.6% of total USA retail sales in 2020. 50% of the revenue is from the online store, 12% from web services, 20% from third party services, 7% from subscription services, 5% from physical stores, and 5% from other.
From Retail Dive, the five predictions for the holiday season: a longer holiday season; e-commerce is king; store fulfillment takes center stage; shipping could be an issue; the consolidation of store visits.
Terrance W. Gainer is the founder of Terrance W. Gainer, LLC, a security and business development firm. In 2014, the United States Senate appointed Chief Gainer as the 38th United States Senate Sergeant at Arms, a culmination of 11 years of Service on Capitol Hill as Sergeant at Arms and Chief of the United States Capitol Police. Terry began his law enforcement career as a police officer in the Chicago Police Department rising through the ranks. An accomplished attorney, Terry served as chief legal officer of that department before he entered the Illinois State Government as Deputy Inspector General and Deputy Director of the Illinois State Police. He served at the U.S. Department of Transportation as Special Assistant to the Secretary before being appointed as Director of the Illinois State Police. Terry also served as Executive Assistant Chief of Police for the Metropolitan Police Department and four years later was selected to be the Chief of the U.S. Capitol Police. He then entered the private sector as a Chief Executive Officer responsible for a multimillion-dollar innovative law enforcement program supporting military operations in Iraq and Afghanistan. Terry is a decorated combat veteran serving in Vietnam and retired as a Captain in the United States Navy Reserve. His degrees include a bachelor’s degree in Sociology, a Master of Science in Management, a Juris Doctor degree, and an Honorary Doctorate of Humane Letters.
