Finance Inquirer
No Result
View All Result
Saturday, November 7, 2026
  • Login
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market
Subscribe
Finance Inquirer
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market
No Result
View All Result
Finance Inquirer
No Result
View All Result
Home Business

A Midwestern grocery chain is rolling out its own armed security force to act as a ‘visual deterrent’ to retail crime

Tom Hagler by Tom Hagler
04.01.2022
in Business
A Midwestern grocery chain is rolling out its own armed security force to act as a ‘visual deterrent’ to retail crime
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

AP/Nati Harnik

  • Hy-Vee, a grocery chain with more than 285 stores, is rolling out a new retail security team.
  • The company said the team will be largely staffed with former law enforcement officers.
  • Hy-Vee’s head of security said the squads will act as a “visual deterrent” to criminal activity.

A Midwestern grocery chain is taking a more direct approach to dealing with retail crime.

Like many stores, Hy-Vee has typically relied on a combination of third-party contractors and off-duty law enforcement to provide security protection at its stores.

But last week, the company announced that it will bring those efforts in-house with a new team composed largely of former law enforcement officers, some of whom will be armed with tasers, pistols, and bullet-proof vests.

“We’re really a visual deterrent to criminal activity and violence,” Hy-Vee’s head of security, Jamie Sipes told Missouri television station KY3. “We’re there to be an extension of our legendary customer service within Hy-Vee to ensure the safety of our customers and our employees.”

In a statement, the company said the members of its security team will be specially trained to “defuse situations” and “equipped to protect” customers and employees. Video provided by the company showed how the officers uniforms and equipment would look.

The move comes amid a season of headline-grabbing robberies by swarms of suspects, and growing alarm calls from retailers. The National Retail Federation estimates that shoplifting and theft costs retailers about 0.7% of sales per year.

Calculating Hy-Vee’s annual sales of more than $12 billion with the NRF’s average suggests that retail theft could cost the company $84 million per year. Hy-Vee did not immediately respond to Insider’s request for comment.

Sipes told KY3 that not every store will have an officer from his team on site, and that the program will begin rolling out first at those stores that are currently using third-party contractors or off-duty police.

“Hy-Vee has a strong history of doing anything for our customers,” Jeremy Gosch, Hy-Vee’s president and chief operating officer, said in a statement. “These officers will be held to that same standard.”

Read the original article on Business Insider businessinsider?d=yIl2AUoC8zA businessinsider?i=S0XB84te68g:q6eU9t69LP businessinsider?i=S0XB84te68g:q6eU9t69LP businessinsider?d=qj6IDK7rITs businessinsider?i=S0XB84te68g:q6eU9t69LP

  • Trending
  • Comments
  • Latest
P2Pro: profitable changes are coming!

P2Pro: profitable changes are coming!

13.09.2022
Saving and investing the two keys to your future retirement

Saving and investing the two keys to your future retirement

21.06.2022
The Dow Jones slept through the whole trade despite positive data from the labor market. Nasdaq had its best streak of gains this year

The Dow Jones slept through the whole trade despite positive data from the labor market. Nasdaq had its best streak of gains this year

01.09.2022
The ranking of countries in terms of the coverage of children with preschool education has been compiled

The ranking of countries in terms of the coverage of children with preschool education has been compiled

03.11.2022
Take the best photos of your life with the new vivo Y76 5G now available

Take the best photos of your life with the new vivo Y76 5G now available

Complete your Christmas shopping with up to 75% off on devices at vivo’s Big Christmas Sale on Shopee

Complete your Christmas shopping with up to 75% off on devices at vivo’s Big Christmas Sale on Shopee

AirPods 3 vs AirPods 2 – What’s the Difference?

AirPods 3 vs AirPods 2 – What’s the Difference?

Want to be a content creator? Here are 5 valuable tips from today’s top Pinoy online celebrities

Want to be a content creator? Here are 5 valuable tips from today’s top Pinoy online celebrities

European Technical Expands AMC Services Across Dubai Amid Rising Demand

04.11.2026
Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

12.09.2025

A Family debt of €20 million marks a new chapter in Dasha Ozden’s life

04.09.2025

SnapInspect Shares Five Key Factors to Consider When Choosing Property Inspection Software

25.08.2025

Recent News

European Technical Expands AMC Services Across Dubai Amid Rising Demand

04.11.2026
Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

Occams Advisory Earns 9th Inc. 5000 Honor, Soars to No. 798 in 2025

12.09.2025

Categories

  • Business
  • Finance
  • News
  • Stock Market
  • Technology
  • Без рубрики

Site Navigation

  • Home
  • Contact Us
Finance Inquirer

We offer multimedia features, easy channel navigation, strong social media presence and numerous engagement platforms that allow the readers to experience content anytime, anywhere, always.

No Result
View All Result
  • Home
  • Business
  • Technology
  • Finance
  • Stock Market

© 2021 financeinquirer.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In