Posted on 11/23/2022 11:20:29 AM PST by Oldeconomybuyer
NEW YORK, Nov 23 (Reuters) - Retailers ranging from Walmart to Barnes & Noble are installing cameras or locking away items to deter shoplifters and thieves as they brace for a post-pandemic rush of holiday shoppers this year.
Some, including Walmart, J.C. Penney, Apple Inc. and Walgreens, put in place new surveillance systems or more security guards. Others, like Target and Barnes & Noble, sealed merchandise behind plexiglass or tethered it with steel cables to store shelves.
The retail industry has decried theft this holiday season as it struggles with excess inventories and a pullback in consumer spending at a time of high inflation.
"Sales are suppressed. Profits are being punished at the time of the highest inflation in 42 years. And now with the cost of preventing crime going up, that's going to be passed along in higher prices," said Burt Flickinger, managing director at retail consulting firm Strategic Resource Group.
The effect on holiday sales and profits "will be horrific," he added. "Nowadays you can see shampoos are locked up, along with acetaminophen and Tylenol and multipacks of toothpaste locked up.... people planning to shop in stores will not want to go in to these locked and over-secured stores. So overall retailers lose both the planned purchase and the impulse purchases."
(Excerpt) Read more at finance.yahoo.com ...
I long for the days of when looters were shot dead.
There’s a rather nice,upscale,mall in my suburban town. They’ve just started to deploy sniffer dog to roam the halls. Not drug sniffers...gun sniffers. I’m going to the police station in the next few days to see if they have the right to exclude people who are carrying legally.But in my Maoist state I’ll bet they do.
I’m not worried about being stopped by Wal-Mart management for shoplifting.
I’m worried about being shot by Wal-Mart management.
Drugs from China to Mexico across an undefended border to addicts who steal.
BIDEN’S FAULT!
The same security measures should be made at the White House and Capitol to check on its occupants.
HAPPY AND SAFE THANKSGIVING
From article:
“multipacks of toothpaste locked up”
If the toothpaste is not safe it is time to run out of that store—and neighborhood!
I think you meant to say, ‘Merry Brandonmas!’ ;)
It’s ok. These are evil capitalist companies. Beside, the insurance companies will pay for it. They are filthy rich, too.
Good point!
I thought “steel cables” were meant to suddenly make a straight clothesline barrier like in football with the cable stopping the criminals and making them drop quickly as guards closed in.
Disappointed.
All mall’s except NJ & CA are private and should membership with IDs and credit cards. Security at each entrance and other access locked.. Not like his public schools.
Put up a “Free Paternity Tests” sign.
So cables and cameras will be the next items to be shoplifted.
Pay someone to be on the roof —— armed.
Biden should be $hot for this disaster!!!!
Hire rooftop Koreans.
Cameras won’t do squat unless you intend to beat somebody over the head with ‘em.......covid masks saw to that.
Racists! Or something . . .
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