143
submitted 10 months ago by DeadWorld@lemm.ee to c/brainworms@lemm.ee
you are viewing a single comment's thread
view the rest of the comments
[-] tux@lemmy.world 19 points 10 months ago

This whole thing doesn't feel right.

Retailers are seeing declining sales due to economic conditions. They are seeing increases in Shrink, but not providing (or capable of providing) specific numbers related to theft.

The whole industry is rallying that their drops in earnings is due to theft, they lobby for new legislation "punishing organized retail theft", and then claim that location closures is due to theft... Only to keep places with higher crime rates open.

This whole thing reads as though they're losing money and are making up bullshit to keep their stock valuation high. Which is what most CEO compensation is based off of.

I don't necessarily disbelieve theft is increasing. I just think if it was the main cause of loss, then they would implement new controls at their level instead of trying to lobby for stricter punishment, in my simple mind having more cashiers be people and more employees would drastically reduce theft, and they must have done the math that it's cheaper to just lose stuff instead.

Kind of hard to feel bad for them

[-] quicksand@lemm.ee 3 points 10 months ago

They're picking the perfect scapegoat. You'll never find a thief openly advocating for themselves lol. So they just blame all their failures on that group

this post was submitted on 19 Dec 2023
143 points (97.4% liked)

BrainWorms

1214 readers
69 users here now

Hey, welcome to BrainWorms.

This is a place where I post interesting things that I find and cant categorize into one of the main subs I follow. Enjoy a front seat as i descend into madness

founded 1 year ago
MODERATORS