David E. Sherer
Loss Prevention, Safety, Business Continuity

Dave is a senior loss prevention executive who has built and managed teams of loss prevention specialists and consistently produced shortage reductions and increased safety awareness in retail stores and distribution facilities. He works closely with store operations, distribution, and human resources functions to ensure the availability and delivery of appropriate LP and safety training for all associates.

Dave has more than 20 years of loss prevention and safety experience with accomplishments including:

• Developing the loss prevention department for a recent $1.2 billion retail IPO with 200 stores, reducing the LP budget by $1 million while meeting a 1% shortage goal and reducing the shortage in leased departments of other retailers by 10% to 30%
• Directing loss prevention for a $2.5 billion retail holding company with more than 300 stores, 7 distribution centers, and 3 corporate office facilities. Responsible for an $8 million budget and more than 100 LP associates. Reduced overall shrink by 1.29%
• Introducing and directing safety awareness programs reducing general liability accidents by 40% and workers compensation accidents by 30%
• Creating and developing investigative positions identifying to identify and reduce fraud
• Implementing a new POS software exception reporting system and developing comprehensive loss prevention, safety, and auditing programs and procedures

Dave most recently served as Vice President of Loss Prevention for DSW (Designer Shoe Warehouse). Previously he was VP of Loss Prevention for Retail Ventures, Inc. (including Value City Department Stores, DSW, and Filene’s Basement). Dave also served as Regional and District Loss Prevention Manager for Value City Department Stores and LP Manager for Gold Circle Stores.