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Target publishes quarterly reports with the SEC. It lists the losses due to theft. There is a strange wish in progressive circles that crime isn't the cause of
by polski-g 3y ago
Target publishes quarterly reports with the SEC. It lists the losses due to theft.
There is a strange wish in progressive circles that crime isn't the cause of things and that crime isn't rising. "I was wrong and my ideas are dangerous" is a very difficult thing for people to admit.
- paulproteus 3y agoI took a look at https://www.sec.gov/Archives/edgar/data/27419/000002741921000010/tgt-20210130.htm https://www.sec.gov/Archives/edgar/data/27419/00000274192100... and searched for theft, and found this text as the only hit: "data loss or theft [...] could [...] adversely affect our results of operations. We continually invest to maintain and update our computer systems." What are you finding in the SEC reports about theft? I'm not an expert at reading them.
- polski-g 3y agoSearch for shrink
- paulproteus 3y agoWhen I tried that, it didn't show a lot of detail. It seems they blend shrinkage generally into the cost of goods sold, and the original article in the thread discusses the idea that shrinkage is mostly caused by employees, not non-employee theft. I consider employee theft to be not the kind retail theft that news articles are really about. I can't find what you're saying, losses due to theft generally, nor can I find something specific about non-employee theft. Let me know if you can find something else I can search for, since I am quite new to this.
- JKCalhoun 3y agoI would have thought most progressives absolutely believe crime is rising - due to the increased wealth gap in the U.S.
- brookst 3y agoThis. Everyone agrees that retail theft is a problem, the dispute is whether to address it by looking at root causes or just to yell at people to get a third job and stop criming.
- deleted 3y ago[deleted]
- notatoad 3y agothis report? https://app.quotemedia.com/data/downloadFiling?webmasterId=101533&ref=317712292&type=PDF&symbol=TGT&cdn=619dc2269c4e5f3b6979bdb3c876abce&companyName=Target+Corporation&formType=10-Q&dateFiled=2023-08-25 https://app.quotemedia.com/data/downloadFiling?webmasterId=1... i'm not seeing losses due to theft broken out anywhere.
- syspec 3y agoThis isn't a progressive thing. There's a strange wish in conservative circles that progressives love crime