The Loss Prevention Research Council was founded in 2000 by leading retailers and Dr. Read Hayes in an effort to support the evidence-based needs of loss prevention decision-makers. Founding retailers include Target, Walmart, OfficeMax, CVS, GAP, Home Depot, Beall’s, Barnes and Noble, and has grown to over 70 major retail chains today. To date the LPRC has conducted over 300 real-world loss prevention research projects for retailers and partners.