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Nope. Theft and shrink (from employees) accounts for 5% of losses and it has not gone up - at all - from historical trends. https://www.brennancenter.org/our-w
by KennyBlanken 2y ago
Nope. Theft and shrink (from employees) accounts for 5% of losses and it has not gone up - at all - from historical trends.
https://www.brennancenter.org/our-work/research-reports/myth-vs-reality-trends-retail-theft https://www.brennancenter.org/our-work/research-reports/myth...
https://www.vera.org/news/the-truth-about-retail-theft https://www.vera.org/news/the-truth-about-retail-theft
https://www.brookings.edu/articles/retail-theft-in-us-cities-separating-fact-from-fiction/ https://www.brookings.edu/articles/retail-theft-in-us-cities...
https://www.cnn.com/2023/11/17/business/shoplifting-retail-crime-stores/index.html https://www.cnn.com/2023/11/17/business/shoplifting-retail-c...
- SpicyLemonZest 2y agoAs multiple of these articles acknowledge, any attempt to debunk shoplifting information from official crime data is on shaky ground, because most thefts are not reported to law enforcement. The guy who strolls out of Target with a bag full of shampoo isn’t in the crime data unless some store employee sees it happen and decides it’s worth calling the police to make a report about. I don’t think this is something where the cops would know better than retailers.
- Terr_ 2y agoYet if the large grocery store chain doesn't consider it even worth a phone-call or web-form-submit--knowing they already have the footage of the event--it does kinda blunt the idea that it's a big problem.