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News@lemmy.world · 11 months ago

U.S. retailers admit they lied about shoplifting, retail crime again

cross-posted to:
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U.S. retailers admit they lied about shoplifting, retail crime again

return2ozma@lemmy.world to

News@lemmy.world · 11 months ago

cross-posted to:
brainworms@lemm.ee

U.S. retailers admit they lied about shoplifting, again | Boing Boing

The circle of life. Stores fail for complex reasons → retailer quietly posts accurate analysis of its own mistakes → retailer loudly posts press release blaming shoplifters and gangs → media likes …

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PrettyLights@lemmy.world
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11 months ago
I don’t think it’s unreasonable to say that prices are at least partially a result of the cost of doing business.

What’s part of the cost of doing business? Theft. Estimated shrink rates are factored into profit forecasting.

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