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Of course it's big news, there's a whole trade conference[1] about it and a lot of money to be made in loss prevention that has a story[2] that constructs the p
by kelseyfrog 3y ago
Of course it's big news, there's a whole trade conference[1] about it and a lot of money to be made in loss prevention that has a story[2] that constructs the problem.
There's no money to be made in wage theft and certainly no trade organization or trade conference to create buzz regarding wage theft.
Media companies love bite-sized press releases they can turn into news stories and the NRF delivers.
1. https://nrf.com/blog/nrf-protect-2022-back-in-person https://nrf.com/blog/nrf-protect-2022-back-in-person
2. https://nrf.com/blog/meeting-the-challenge-organized-retail-crime https://nrf.com/blog/meeting-the-challenge-organized-retail-...
- ZeroSolstice 3y agoFrom your [2] source even the first line is just a numbers game. Organized retail crime costs retailers more than $700,000 for every $1 billion in sales on average... Guess that reads better than 0.07%. It is interesting to see the NRF meeting include cyber risk along side retail theft.