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A theft deterrent device adapted to be connected to an item of merchandise to discourage shoplifting includes a flexible lanyard. In one embodiment, the first end of the lanyard is removably anchored to the holder with the second end of the lanyard being lockable to the holder. The lanyard may thus

A theft deterrent device adapted to be connected to an item of merchandise to discourage shoplifting includes a flexible lanyard. In one embodiment, the first end of the lanyard is removably anchored to the holder with the second end of the lanyard being lockable to the holder. The lanyard may thus be replaced if severed by a shoplifter so that the holder may be reused. The invention also provides a lanyard having first and second ends with a latch that holds that ends together so that the ends may be inserted as a unit into the holder before being locked to the holder.

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We claim: 1. A theft deterrent device adapted to be connected to an item of merchandise to discourage shoplifting; the device comprising: a first member; a second member; the first and second members being connected together with a hinge that allows the members to move from an unlocked position to

We claim: 1. A theft deterrent device adapted to be connected to an item of merchandise to discourage shoplifting; the device comprising: a first member; a second member; the first and second members being connected together with a hinge that allows the members to move from an unlocked position to a locked position; a lock for locking the first member to the second member in the locked position; the lock including four first locking fingers and two second locking fingers; two of the first locking fingers engaging each of the second locking fingers; the second member defining a slot; a lanyard having first and second ends; each of the ends defining an opening; a portion of the lanyard being disposed in the slot defined by the second member for positioning the first and second ends adjacent the second member so that the lanyard forms a loop whereby the lanyard is adapted to loop around a portion of the article of merchandise to secure the device thereto; and the first member carrying a tooth that is adapted to pass through the openings of the ends when the first member is in the locked position. 2. The device of claim 1, wherein each of the second locking fingers has opposite sides; the first locking fingers engaging the opposite sides of the second locking finger. 3. The device of claim 2, wherein each first locking finger includes a first leg and a second leg; the second leg defining a locking surface that engages the second locking finger when the first and second members are in the locked position. 4. A theft deterrent device adapted to be connected to an item of merchandise to discourage shoplifting; the device comprising: a first member; a second member; the first and second members being connected together with a hinge that allows the members to move from an unlocked position to a locked position; a lock for locking the first member to the second member in the locked position; the second member defining a slot; a lanyard having first and second ends; each of the ends defining an opening; wherein the first end of the lanyard includes at least one latch; the latch adapted to connect the second end of the lanyard to the first end of the lanyard so that the openings of the ends are aligned when the ends are inserted into the slot of the second member; a portion of the lanyard being disposed in the slot defined by the second member for positioning the first and second ends adjacent the second member so that the lanyard forms a loop whereby the lanyard is adapted to loop around a portion of the article of merchandise to secure the device thereto; and the first member carrying a tooth that is adapted to pass through the openings of the ends when the first member is in the locked position. 5. The device of claim 4, wherein the latch includes a finger that snap fits into a recess defined by the second end of the lanyard. 6. A theft deterrent device adapted to be connected to an item of merchandise to discourage shoplifting; the device comprising: a first member; a second member; the first and second members being connected together with a hinge that allows the members to move from an unlocked position to a locked position; a lock for locking the first member to the second member in the locked position; the second member defining a slot; a lanyard having first and second ends; each of the ends defining an opening; a portion of the lanyard being disposed in the slot defined by the second member for positioning the first and second ends adjacent the second member so that the lanyard forms a loop whereby the lanyard is adapted to loop around a portion of the article of merchandise to secure the device thereto; and the first member carrying a tooth that is adapted to pass through the openings of the ends when the first member is in the locked position; in combination with a key configured to unlock the device; wherein the key includes a plurality of key pins for engaging and unlocking the lock; and wherein the key pins are movable with a plunger that is movable between resting and unlocking positions. 7. The device of claim 6 wherein the first and second members define a body of the device; the body being non-symmetric so that the body may only be inserted into the key in one direction. 8. A theft deterrent device adapted to be connected to an item of merchandise to discourage shoplifting; the device comprising: a first member; a second member; the first and second members being connected together with a hinge that allows the members to move from an unlocked position to a locked position; a lock for locking the first member to the second member in the locked position; the second member defining a slot; a lanyard having first and second ends; each of the ends defining an opening; the lanyard including a cable which is resistant to severing; a portion of the lanyard being disposed in the slot defined by the second member for positioning the first and second ends adjacent the second member so that the lanyard forms a loop whereby the lanyard is adapted to loop around a portion of the article of merchandise to secure the device thereto; and the first member carrying a tooth that is adapted to pass through the openings of the ends when the first member is in the locked position. 9. The device of claim 8 wherein the lanyard includes side-by-side cables. 10. The device of claim 8 wherein a portion of the lanyard adjacent the first end thereof is disposed in the slot; and wherein a portion of the lanyard adjacent the second end thereof is disposed in the slot. 11. The device of claim 8 in combination with the article of merchandise; wherein the lanyard is looped around a portion thereof to secure the device to the article when the first and second members are in the locked position. 12. A theft deterrent device adapted to be connected to an item of merchandise to discourage shoplifting; the device comprising: a first member; a second member; the first and second members being connected together with a hinge that allows the members to move from an unlocked position to a locked position; a lock for locking the first member to the second member in the locked position; the second member defining a slot; a lanyard having first and second ends; each of the ends defining an opening; a portion of the lanyard being disposed in the slot defined by the second member for positioning the first and second ends adjacent the second member so that the lanyard forms a loop whereby the lanyard is adapted to loop around a portion of the article of merchandise to secure the device thereto; and the first member carrying a tooth that is adapted to pass through the openings of the ends when the first member is in the locked position; in combination with the article of merchandise; wherein the lanyard is looped around a portion thereof to secure the device to the article when the first and second members are in the locked position. 13. The device of claim 12 in combination with a key configured to unlock the device. 14. A theft deterrent device adapted to be connected to an item of merchandise to discourage shoplifting; the device comprising: a first member; a second member; the first and second members being connected together with a hinge that allows the members to move from an unlocked position to a locked position; a lock for locking the first member to the second member in the locked position; the second member defining a slot; a lanyard having first and second ends; each of the ends defining an opening; a portion of the lanyard being disposed in the slot defined by the second member for positioning the first and second ends adjacent the second member so that the lanyard forms a loop whereby the lanyard is adapted to loop around a portion of the article of merchandise to secure the device thereto; the first member carrying a tooth that is adapted to pass through the openings of the ends when the first member is in the locked position; wherein the device further includes an electronic article surveillance tag whereby the device is an alarm-activating device. 15. The device of claim 14 wherein the lanyard includes a cable which is resistant to severing. 16. The device of claim 14 in combination with the article of merchandise; wherein the lanyard is looped around a portion thereof to secure the device to the article when the first and second members are in the locked position. 17. A theft deterrent device adapted to be connected to an item of merchandise to discourage shoplifting; the device comprising: a first member; a second member; the first and second members being connected together with a hinge that allows the members to move from an unlocked position to a locked position; a lock for locking the first member to the second member in the locked position; the second member defining a slot; a lanyard having first and second ends; each of the ends defining an opening; a portion of the lanyard being disposed in the slot defined by the second member for positioning the first and second ends adjacent the second member so that the lanyard forms a loop whereby the lanyard is adapted to loop around a portion of the article of merchandise to secure the device thereto; the first member carrying a tooth that is adapted to pass through the openings of the ends when the first member is in the locked position; and wherein the first and second ends of the lanyard are removably connectable to one another so that when the first and second ends are connected the openings thereof are aligned to facilitate insertion of the tooth through the openings. 18. A theft deterrent device adapted to be connected to an item of merchandise to discourage shoplifting; the device comprising: a first member; a second member; the first and second members being connected together with a hinge that allows the members to move from an unlocked position to a locked position; a lock for locking the first member to the second member in the locked position; the second member defining a slot which is formed entirely in the second member in a manner which prevents prying via the slot of the first and second members away from one another; a lanyard having first and second ends; each of the ends defining an opening; a portion of the lanyard being disposed in the slot defined by the second member for positioning the first and second ends adjacent the second member so that the lanyard forms a loop whereby the lanyard is adapted to loop around a portion of the article of merchandise to secure the device thereto; and the first member carrying a tooth that is adapted to pass through the openings of the ends when the first member is in the locked position. 19. The device of claim 18 wherein the first and second ends of the lanyard are insertable through the slot. 20. The device of claim 19 wherein the second member includes an alignment member which at least one of the ends of the lanyard contacts upon insertion of the first and second ends through the slot to align the openings with the tooth for the tooth to pass through the openings when the first and second members move from the unlocked position to the locked position. 21. A method comprising the steps of: looping a lanyard having first and second ends each defining an opening around a portion of an article of merchandise; positioning the first and second ends of the lanyard adjacent a first member which is connected to a second member via a hinge; pivoting the first and second members via the hinge to pass a tooth carried by the second member through each of the openings in the lanyard; and locking the first and second members together to prevent removal of the ends of the lanyard from the tooth so that the first and second members are secured to the article of merchandise via the lanyard. 22. The method of claim 21 wherein the step of positioning includes the step of inserting the first and second ends of the lanyard through a first slot formed in the first member prior to the step of pivoting; and wherein the step of pivoting includes the step of moving the first member toward the second member to form a cavity therebetween in which the ends of the lanyard are disposed. 23. The method of claim 21 further including the step of unlocking the first and second members from one another with a key; and removing the tooth from at least one of the openings in the lanyard to remove the lanyard from the article of merchandise. 24. The method of claim 21 further including the step of activating an alarm by moving the article of merchandise with the first and second members secured thereto into an unauthorized area.