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> 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.
by 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.