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 …
Wait are you telling me insurance is a scam because if you ever need to use it it’ll cost more money? That’s crazy dude, I feel so awful for the massive multimillion dollar companies that are forced to pay for it…
I mean as you yourself noted they are already locking up stupid shit like toothpaste. Nobody is fuckn stealing enough toothpaste to effect profits. Hell I’m not sure who would even bother stealing toothpaste, it’s not exactly expensive. Saving yourself like a buck at most by not buying the cheap (just as effective) stuff.
And I’m not advocating for theft sheesh. I just think it’s funny that the oh so wonderfully for profit insurance companies fuck over retailers too. I was trying to comment about how insurance is maybe kind of a scam…
I’ll also note that there isn’t actually a widespread theft problem. Stores aren’t locking up toothpaste because people are stealing it more than they used to. There were a few places, notably New York which did some really stupid shit with petty crime essentially just publicly saying they weren’t gonna deal with it that caused a lot of problems but by and large toothpaste isn’t locked up because people are stealing it. The company is just a dick
It’s not that the toothpaste itself is the high theft item, it’s just easier to lock the whole shelf rather than specific items. Notably items like Razor blades have crazy high theft rates and are usually near the toothpaste, causing them both to be locked up.
Check out some metropolitan areas for a preview of what’s coming to a store near you. Denver has been locking stuff up for years already.
Why wouldn’t I steal petty shit from a large chain store like Walmart? They stole living wages from workers in many communities, they stole the diversity of local businesses that used to be in many communities, most importantly they steal from every single one of us by not paying a genuinely fair share back to the society they profit off of in terms of taxes. Sorry, not gonna feel bad for stealing some toothpaste, especially when it is a store that fired all the cashiers and has one person frantically running around helping people in a sea of obnoxious self checkout machines that all blare the same audio loop out over and over and over again.
At first they thought at first it was greedflation, that it was the 1% siphoning off all the profits from the economy to shareholders, they thought it was massive corporations hedging families out of the housing market, austerity and lack of social safety net… but the whole time it was ME stealing toothpaste from walmart, slowly undercutting the heart of america. They didn’t realize until it was too late, I had become too powerful. I have a whole bathroom full of stolen toothpaste tubes and I am ready.
It literally doesn’t, that is the whole point of this discussion? I am telling you, there is zero mathematical/economic evidence that shoplifting even registers as a problem worth investing time and energy into for massive corporations. They do invest time and energy, but it is because the narrative is useful to them. That is what this is about, it is about a story. Not economics, not math, not hard cold reality, it is about a narrative that emotionally engages you and gets you upset. It is about a story that rationalizes the world for you in a way that directs your anxiety and fear. There is zero scientific grounding in your beliefs about shoplifting, it might as well be a spiritual or religious belief you hold and just the way people will try to take advantage of you by preying upon your spiritual beliefs, so will corporations and politicians try to take advantage of you by preying upon your belief that shoplifting actually matters to economic behemoths that shape and undermine our entire economy.
Literally THE ENTIRE point of being a massive chain is that random noise like shoplifting disappears into the overwhelming roar of economies of scale.
Well, ease of regulatory capture is another bonus but that just strengthens my argument…
Wait are you telling me insurance is a scam because if you ever need to use it it’ll cost more money? That’s crazy dude, I feel so awful for the massive multimillion dollar companies that are forced to pay for it…
Enjoy paying higher prices for everything and having to track down every time you want to purchase an item when they lock all the shelves.
Not sure where you live but it’s getting really old seeing toothpaste and basic necessities getting locked up like video games in the 90s.
I mean as you yourself noted they are already locking up stupid shit like toothpaste. Nobody is fuckn stealing enough toothpaste to effect profits. Hell I’m not sure who would even bother stealing toothpaste, it’s not exactly expensive. Saving yourself like a buck at most by not buying the cheap (just as effective) stuff.
And I’m not advocating for theft sheesh. I just think it’s funny that the oh so wonderfully for profit insurance companies fuck over retailers too. I was trying to comment about how insurance is maybe kind of a scam…
I’ll also note that there isn’t actually a widespread theft problem. Stores aren’t locking up toothpaste because people are stealing it more than they used to. There were a few places, notably New York which did some really stupid shit with petty crime essentially just publicly saying they weren’t gonna deal with it that caused a lot of problems but by and large toothpaste isn’t locked up because people are stealing it. The company is just a dick
It’s not that the toothpaste itself is the high theft item, it’s just easier to lock the whole shelf rather than specific items. Notably items like Razor blades have crazy high theft rates and are usually near the toothpaste, causing them both to be locked up.
Check out some metropolitan areas for a preview of what’s coming to a store near you. Denver has been locking stuff up for years already.
“I hate Amazon and Jeff Bezos! Anyway, watch me steal from this store.”
Why wouldn’t I steal petty shit from a large chain store like Walmart? They stole living wages from workers in many communities, they stole the diversity of local businesses that used to be in many communities, most importantly they steal from every single one of us by not paying a genuinely fair share back to the society they profit off of in terms of taxes. Sorry, not gonna feel bad for stealing some toothpaste, especially when it is a store that fired all the cashiers and has one person frantically running around helping people in a sea of obnoxious self checkout machines that all blare the same audio loop out over and over and over again.
Drives prices up for other people on your community
At first they thought at first it was greedflation, that it was the 1% siphoning off all the profits from the economy to shareholders, they thought it was massive corporations hedging families out of the housing market, austerity and lack of social safety net… but the whole time it was ME stealing toothpaste from walmart, slowly undercutting the heart of america. They didn’t realize until it was too late, I had become too powerful. I have a whole bathroom full of stolen toothpaste tubes and I am ready.
If you think shoplifting doesn’t cause prices to go up, you’re just wrong, man. Yes, there can be, and are, other factors, too.
Me, I prefer to not contribute to the problem.
It literally doesn’t, that is the whole point of this discussion? I am telling you, there is zero mathematical/economic evidence that shoplifting even registers as a problem worth investing time and energy into for massive corporations. They do invest time and energy, but it is because the narrative is useful to them. That is what this is about, it is about a story. Not economics, not math, not hard cold reality, it is about a narrative that emotionally engages you and gets you upset. It is about a story that rationalizes the world for you in a way that directs your anxiety and fear. There is zero scientific grounding in your beliefs about shoplifting, it might as well be a spiritual or religious belief you hold and just the way people will try to take advantage of you by preying upon your spiritual beliefs, so will corporations and politicians try to take advantage of you by preying upon your belief that shoplifting actually matters to economic behemoths that shape and undermine our entire economy.
Literally THE ENTIRE point of being a massive chain is that random noise like shoplifting disappears into the overwhelming roar of economies of scale.
Well, ease of regulatory capture is another bonus but that just strengthens my argument…
Stores invest millions in anti-theft security, in technical, logistical, and physical ways. All of those things cost money.
Stores make money by selling things.
That’s not the entire point of it at all. Efficiency is.
Also: https://blog.gitnux.com/walmart-shrinkage-statistics/