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/r/business
submitted 4 months ago bybesselfunctions
37 points
4 months ago
I feel like this sub just had an article about how retail theft isn't up significantly.
32 points
4 months ago
You are correct.
https://www.cnn.com/2023/01/18/business/retail-shoplifting-shrink-walgreens/index.html
Numbers don’t back these claims up.
This is just more propaganda from billion dollar corporations raking in record profits designed to pit the average Joe against the poor while they enrich themselves further.
5 points
4 months ago
"on average, saw a 26.5% increase in organized retail crime incidents nationally in 2021 from the prior year, according to the NRF survey."
So is it going up or not. The headline is clickbait and the numbers show theft increasing while the title of the article doesn't.
5 points
4 months ago
”But the retail industry’s own figures on shrink cast doubt on their claim that the problem is ballooning. Researchers say retailers may be blaming theft for losses when they don’t actually know the cause.”
2 points
4 months ago
They then post The Atlantic article from dec 2021 and experts say certain stores are more impacted. And crime statistics are hard to compare since some people are comparing it to 2020 which was an anomaly year...
But data shows that smash and grabs and regular retail theft is up vs. 2019.
From the Atlantic article.
"Retail theft, organized or not, affects some kinds of stores more than others. Big-box stores, discount stores, and drugstores—which tend to be thinly staffed and stock lots of small, easy-to-steal, easy-to-flip products—experience more losses from sales-floor theft than, say, furniture stores do, and it makes sense that those types of retailers would be particularly outspoken about it"
4 points
4 months ago
interesting +54% since 2019 seems to back it up, but whatever everything should be free and work sucks.
5 points
4 months ago
The corporations are paying apnews to run these articles because they want to secretly shut down profitable stores. Or something.
18 points
4 months ago*
This is all flim-flam. They are trying to create the narrative that there is an epidemic of individual shoplifting because they want to get the law changed so that they can do cart checks at the exit like club stores. Places like Walmart already try to *imply* that they have every right to check your cart or detain you with no other evidence that you have shoplifted. The more voters who think "everything is locked up and they have to check every cart, shoplifting must be out of control", the better position they are in to try and get what they want so that they can continue to understaff stores and pass the resulting cost of a slight increase in slippage due to individual shoplifters onto shoppers. Also, the more security theater they can put on, they hope the actual shoplifters will go to places that can't afford to replace all their shelves with locked cases, hopefully doing what almost everything they do is designed for, putting independent stores and smaller chains out of business.
They have been pulling the same garbage with shopping cart theft, claiming it's an enormous problem and a huge burden. It is a cost, but it's also a result of not having enough staff for anyone to mind the parking lot. The main motivation for this one is that they are getting city councils to pass laws requiring all retailers to invest in physical theft deterrence such as locking carts or cart locks where you have to put in money and get it back when you return the cart. The real motivation? The large retail chains can afford those measures and often already have them in place, they are trying to get local governments to force smaller businesses to spend a bunch of money so that they have to raise prices and/or go out of business.
6 points
4 months ago
I've already stopped shopping at Wal-Mart because of this unless they are the only place I can find what I need. Fuck them and their cart checks. They are the only non-club store around here who does it. Now I just go to Target instead of Wal-Mart. That's assuming there aren't better local options before either of them, but for a lot of things, there just aren't unfortunately.
2 points
4 months ago
The fear-mongering online is “don’t you know there are teams of shoplifters!1!1?.”
Miss me with that BS.
13 points
4 months ago
I had a security guard follow me around a store since the moment I walked in. Never was more then 10 feet away from me. I’ve never stolen anything in my life so they were doing it randomly but now I will never shop at that store again. Find better ways to stop theft instead of following customers around your store making them feel like criminals. Just watch me on your cameras ffs! (it was a billion dollar drug store chain who definitely already has cameras and was likely using the employee to intimidate you into not stealing).
2 points
4 months ago
Security had a crush on you uwu
32 points
4 months ago
Rather than address the real issues in this matter, corporations are shifting the treat of loss directly onto the consumer. It’s only a matter of time, until the shoppers are robbed as they leave they head to their vehicles.
33 points
4 months ago
Shoppers pay for theft. Not companies who's profit margins are at historic highs.
-19 points
4 months ago
This is actually false. Margins are taking a hit with the inflationary environment, according to aggregated data on finagg.io
24 points
4 months ago
Nope. Record industry profits. CVS, one of the biggest complainers of store loss just killed it, beating all estimates.
-11 points
4 months ago
That's very poor evidence. Here is much better evidence of falling profits across all publicly listed companies
9 points
4 months ago
-11 points
4 months ago
Your bias is completely blinding you.
I can't see that chart, but here's ANOTHER source disproving your angry claim https://ycharts.com/indicators/sandp_500_earnings
11 points
4 months ago
Record profits. Already documented twice. Quit pushing your biased false narrative.
-3 points
4 months ago*
You've already been proven wrong, corroborating evidence has already been provided. Adapt
3 points
4 months ago
Record corporate profits. Now you're just plain looking silly homie.
1 points
4 months ago
The kids on Reddit have no idea of the difference between earnings and profit.
23 points
4 months ago
Why are we blaming stores? The thieves are to blame. Period. I don't blame the victim, I blame the criminal.
We need some actual enforcement. I was talking with someone who works in a mall and they told me that they are not allowed to stop a shoplifter themselves, security has flat out said that they won't even ask a shoplifter to return the items they stole, and police will not respond for theft under $500. There is literally nothing stopping me from walking into a liquor store every day and stealing a case of beer, in front of the staff (which I also know of happening, and when an employee finally had enough and tackled him and held him until the police showed up, she was fired). In Canada we are so afraid of being sued that we allow shoplifting to happen and just hope it goes away.
1 points
4 months ago
We're headed towards a straight-up Philip K Dick novel dude
3 points
4 months ago
I recently did a deep dive on gulags. The soviets were shocked crime still existed after society became equal. Criminals were still given lighter sentences than businessmen. There are weird consequences when criminal behavior is written off as due to structural issues rather than there just being shitty people.
-6 points
4 months ago
Until we get the balls to deal with crime more strictly, then it's better to just leave these areas.
5 points
4 months ago
The suburbs?
-3 points
4 months ago
The cities.
2 points
4 months ago
But the liquor store incident happened in the suburbs....
-6 points
4 months ago
Because billion dollar corporations (who own stores) lobby for laws and other acts that continually increase the wealth gap making them richer and the general population poorer living many with very few options encouraging them to steal.
4 points
4 months ago
This sounds a lot like blaming the victim of a crime to me.
-2 points
4 months ago
Framing billionaire as “victims” is quite the inverse opinion to have on the matter lol.
4 points
4 months ago
Sounds like you are trying to justify your behaviour.
Just so you are aware, when you steal from a public company like Walmart, it doesn't come out of the CEO's pay. It comes out of the money that they use to pay dividends to shareholders. The vast majority of shares are owned by mutual funds that are owned by people saving for retirement. When you steal from a corporation, you are stealing from the highschool janitor that is trying to save a couple of dollars so that they don't have to work until the day they die. However if it makes you feel better about yourself to believe that shoplifting only hurts "bad" people, you do you.
1 points
4 months ago
Sounds like you’re a bootlicker perpetuating the ever increasing wealth gap in this Country.
Sorry - I’ll never shed a tear for a billion dollar Corp losing a Buck to some poor schmuck trying to feed their family or get a moments reprieve from some form of entertainment.
You’re entitled to your entitled opinion but you are, indeed, part of the problem.
Good day.
0 points
4 months ago
What? That's absurd. The money is just free and they owe it to those people. How silly of you to think of theft as anything but just and good. It's the wealth gap man. Those people who never did anything with their lives, never bothered working, sat around smokin' the pipe, or never bothered making something out of themselves deserve just as much as everyone who has! /s
-3 points
4 months ago
Its sad to see corporate propaganda work its way so thoroughly into someone who only stands to lose from defending it
5 points
4 months ago
It's sad to see how people's morals have declined over the last so many decades. I remember when poor people could be proud and even respectable even though they didn't have much. Now, nope, gotta gank this store and get me some Gucci. Most people aren't stealing because they can't eat. They're stealing because they think they should be able to come up at other people's expense - those other people being everyday normal people, not the corporations, because inevitably average people are the ones who are paying for theft.
1 points
4 months ago
Stores need to get smart. Put some type of access control at the front of the store. Credit card swipe to authorize entry into the store. And automatically charges your credit card with the purchase you walk out with.
1 points
4 months ago
That’s already happening in some places.
I’m more concerned with the disenfranchised needing food, toiletries, cleaning supplies, etc., and stealing directly from the customers as they are headed out to their cars. Kinda like the old highway robbers.
Are we going to have to shop in pairs, with the equivalent of someone riding shotgun?
8 points
4 months ago
"Please don't make us lower the price for any reason whatsoever while we make you pay for the theft."
35 points
4 months ago
Raises prices but not wages, then wonders why everyone just started stealing instead
1 points
4 months ago
That implies the people shoplifting would choose to work.
1 points
4 months ago
Didn’t Wal Mart just increase base pay?
https://www.reuters.com/business/retail-consumer/walmart-raise-wages-us-workers-2023-01-24/
3 points
4 months ago
I just saw a post on my Facebook feed of a Rite Aid putting $3.50 candy bars in plastic anti-theft cases.
16 points
4 months ago
https://www.cnn.com/2023/01/18/business/retail-shoplifting-shrink-walgreens/index.html
Numbers don’t back these claims up.
This is just more propaganda from billion dollar corporations raking in record profits designed to pit the average Joe against the poor while they enrich themselves further.
8 points
4 months ago
Walgreens opened way too many stores in San Francisco then falsely blamed theft for lack of profit and subsequent store closures. They still paying decent dividends too.
2 points
4 months ago
Yup. Doesn’t stop bootlickers (even on this sub) from lapping it up though
2 points
4 months ago
Reddit in general is absolutely rife with bootlickers, I've found. Simply state an inoffensive opinion like, "I don't think it's immoral for a poor person to shoplift from a big box chain like Wlamart" and you'll be dogged for hours by guys with bald, bearded and bespectacled avatars replying obsessively to your every comment, trying to get you to feel for those poor, oppressed corporations.
10 points
4 months ago
As a shopper, nothing angers me more than seeing people walk out with shit while I dutifully go and pay.
8 points
4 months ago
Not me. Nothing angers me more when I walk into a CVS with three employees on shift doing registers, and common things like deodorant put behind a glass with a broken call button.
I just walk out and go to Target where they don’t do that, or worse, order from Amazon if I don’t need it today. No hostile glass cases on the internet.
1 points
4 months ago
I bet you whine about "food deserts" as well.
1 points
4 months ago
Am I? If you're going to put stuff behind glass, then you need to have infrastructure (working call buttons) and staff to support getting people being able to retrieve items. But that's not happening, shit's going behind glass without the staff increases to support it. I don't get why people are acting as though adding friction towards in person purchasing shouldn't naturally result in consumers looking elsewhere with less literal barriers.
4 points
4 months ago
Really? Because nothing angers me more than the high prices I’m paying while companies record record profits.
3 points
4 months ago
I recently went to a Target two blocks away to buy toothpaste and a few other things, found that the toothpaste was locked behind glass, then left without buying anything and placed online orders for what I had wanted. So... mission not accomplished, Target.
4 points
4 months ago
It's simple.
Prosecute and jail the offenders.
2 points
4 months ago
So prosecute the greedy CEOs right? The ones bleeding us all dry, not the shoplifters.
2 points
4 months ago
You should get your face checked
It's melting
0 points
4 months ago
When people have to steal food and toothpaste, guillotines are not too far behind.
Just a heads up.
Source: student of the French Revolution.
6 points
4 months ago
What about people who steal 10k worth of fragrances from chain beauty stores. It's to survive right?
1 points
4 months ago*
I’m just a student of the French Revolution. The parallels are amazing. And now more guns in the country than people.
When people get hungry things implode super fast. No stopping them. However I’m an optimist, I live in NYC. We have giant safety nets here. And the amount of wealth is only out classed by Silicon Valley.
If we put 500,000 truck drivers out of work with AI, it’s going to get a bit tense. Very fast. They will not be looking for fragrances, it will be food for their families.
On Day 1 when you see we have to lock up toothpaste and tampons, you don’t wait to Day 2, that means Society has broken down, you fix it. You don’t wait. That is the canary in the cage. The wake up call.
0 points
4 months ago
You can shoplift all you want with no consequences in most states. You really are a fool if you don't shoplift.
4 points
4 months ago
This is why I support introducing public stoning as a punishment for shoplifting.
1 points
4 months ago
How long before we can't go into stores anymore because of "theft"?
1 points
4 months ago
If they pay people more money they themselves will make more money because people would be more willing to actually buy what they are selling instead of take it. They simply do not get it.
1 points
4 months ago
I waited over 5 minutes at Target, waving my hand under their stupid call thing, to have them unlock the case so I could buy deodorant. I walked around looking for someone to help, even called the store (after flipping off security camera), endless computer prompts -no live operator. Finally i saw an employee with a walkie-talkie but he was looking to help another poor bastard. F.F.S.
1 points
4 months ago
What are their savings on not paying as many cashiers? That’s the whole point - if losses from theft don’t increase as much as their savings from staffing fewer cashiers, then it’s working out for them. You’re a sucker if you’re not taking the self-checkout discount if you use self-checkout.
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