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Data is only reported through 2022. Concern about rampant retail theft forcing major store closures has risen over the past two years. Also curious whether th

Data is only reported through 2022. Concern about rampant retail theft forcing major store closures has risen over the past two years. Also curious whether this includes crimes in areas that have a dollar limit on what will be prosecuted. Are those even reported? It's not an illusion that locks are appearing in retail in certain areas. That's a new thing. I don't believe those stores would be doing that if they had other choices.

ceejayoz 2y ago
> Concern about rampant retail theft forcing major store closures has risen over the past two years. That's what they told investors to explain losses, at least. https://www.cnbc.com/2023/01/05/walgreens-may-have-overstated-theft-concerns.html https://www.cnbc.com/2023/01/05/walgreens-may-have-overstate... "A top Walgreens executive on Thursday acknowledged the company may have overblown concerns about thefts in their stores after shrinkage stabilized over the last year... 'Maybe we cried too much last year,' Kehoe said. 'We’re stabilized,' he added, saying the company is 'quite happy with where we are.'" https://www.nytimes.com/2023/01/06/business/walgreens-shoplifting.html https://www.nytimes.com/2023/01/06/business/walgreens-shopli... "The San Francisco Police Department’s data on shoplifting did not support Walgreen’s explanation for the store closings, according to an October 2021 analysis by The San Francisco Chronicle. The analysis said that while not all shoplifting incidents were reported to the police, one of the stores that closed had only seven reported shoplifting incidents in 2021 and a total of 23 since 2018."
- deleted 2y ago
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- claytongulick 2y ago
  Is your point that you don't believe that people's concern about rising crime is valid?
  - ceejayoz 2y ago
    Absolutely. Humans are horrible at assessing such things. Statistically we live in one of the most safe and stable societies in human history. Especially when significant amounts of propaganda - from police unions, bleeds-it-leads media, tough-on-crime politicians, companies trying to explain their quarterly loss as anything other than "our CEO fucked up" - are in play.
    - claytongulick 2y ago
      Two weeks ago my daughter's bike was stolen. From her school bike rack. In broad daylight. On camera. It was a local mother and daughter that stole it. And zero police response. I should blame the media? Seems like being concerned about crime is pretty reasonable when people are experiencing crime. And a lot of people are. I hope that you are fortunate enough to live in an area where you don't experience it. Your points would make a lot more sense to me if that's the case.
      - ceejayoz 2y ago
        I’ve had a package stolen off my porch. I draw precisely zero conclusions over the local, state, or national crime rates from that anecdote.

ceejayoz 2y ago

> Concern about rampant retail theft forcing major store closures has risen over the past two years. That's what they told investors to explain losses, at least. https://www.cnbc.com/2023/01/05/walgreens-may-have-overstated-theft-concerns.html https://www.cnbc.com/2023/01/05/walgreens-may-have-overstate... "A top Walgreens executive on Thursday acknowledged the company may have overblown concerns about thefts in their stores after shrinkage stabilized over the last year... 'Maybe we cried too much last year,' Kehoe said. 'We’re stabilized,' he added, saying the company is 'quite happy with where we are.'" https://www.nytimes.com/2023/01/06/business/walgreens-shoplifting.html https://www.nytimes.com/2023/01/06/business/walgreens-shopli... "The San Francisco Police Department’s data on shoplifting did not support Walgreen’s explanation for the store closings, according to an October 2021 analysis by The San Francisco Chronicle. The analysis said that while not all shoplifting incidents were reported to the police, one of the stores that closed had only seven reported shoplifting incidents in 2021 and a total of 23 since 2018."

deleted 2y ago
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claytongulick 2y ago
Is your point that you don't believe that people's concern about rising crime is valid?
- ceejayoz 2y ago
  Absolutely. Humans are horrible at assessing such things. Statistically we live in one of the most safe and stable societies in human history. Especially when significant amounts of propaganda - from police unions, bleeds-it-leads media, tough-on-crime politicians, companies trying to explain their quarterly loss as anything other than "our CEO fucked up" - are in play.
  - claytongulick 2y ago
    Two weeks ago my daughter's bike was stolen. From her school bike rack. In broad daylight. On camera. It was a local mother and daughter that stole it. And zero police response. I should blame the media? Seems like being concerned about crime is pretty reasonable when people are experiencing crime. And a lot of people are. I hope that you are fortunate enough to live in an area where you don't experience it. Your points would make a lot more sense to me if that's the case.
    - ceejayoz 2y ago
      I’ve had a package stolen off my porch. I draw precisely zero conclusions over the local, state, or national crime rates from that anecdote.