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> Do you really believe you can conclude this from your personal observations? Yes, because none of the retailers have been willing to cough up data. If the d
by bsder 2y ago
> Do you really believe you can conclude this from your personal observations?
Yes, because none of the retailers have been willing to cough up data.
If the data supported that shoplifting is a problem and that locking things up helped, the companies would be trumpeting the data. There was a very recent article that nobody, not even the main retailers trade association, seems to know if locking things up is actually improving the situation or not.
The primary hypothesis seems to be that employee theft is the real issue and no retailer wants to admit it because it opens up a whole host of issues that are all solved with "pay money". (ie. Why aren't they paying their employees more? Why aren't they prosecuting these thefts? etc.)
- pclmulqdq 2y ago> Yes, because none of the retailers have been willing to cough up data. It's on their financial statements and it has been discussed in their earnings calls. The euphemism for theft is "slippage." As to whether locking things up helps, most of the thefts I have seen recently involve someone politely asking for a good to be unlocked, then walking out the door with it in hand. The lock only stops one person from taking all of it at once.
- bsder 2y ago"Slippage" is easy to track but includes everything--loss, employee theft, shoplifting, etc. "Sales lost to locking up" is a lot harder to track, and nobody has been willing to be forthright about it. Mostly, this is sleight of hand. None of these companies want to admit that online (even their own!) is eating their lunch.