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Organized shoplifting is a $100-billion problem. Here's why we're all screwed
MSN ^ | 9-16 | Opinion by Charles "Cully" Stimson, Zack Smith

Posted on 09/23/2023 8:04:49 AM PDT by dennisw

• Corporate America is finally waking up to the fact that woke policies on crime are costing them billions.

Organized shoplifting efforts and flash mobs of robberies across the country caused businesses $100 billion in losses in 2021 and have only gotten worse since then according to the National Retail Federation. As former Home Depot CEO Bob Nardelli recently put it, Biden’s America has become a "lawless society."

And a lawless society is bad for business. Big companies, from Whole Foods, Walmart and Walgreens to Nordstrom, Dick’s Sporting Goods, Lululemon and more have all suffered. Mom-and-pop businesses have suffered too.

While all businesses factor in some amount of loss from theft, euphemistically called "shrink" in the industry, this recent phenomenon reaches a whole new level. As a result, companies have closed stores, revised earnings estimates, and taken hits to their top and bottom lines, resulting in loss of shareholder value and harm to the communities they serve.

But why is this happening now? The answer is simple: George-Soros-backed rogue prosecutors. In big cities across the country, these so-called public servants refuse to prosecute petty thieves and even go so far as to call their illegal behavior "quality of life" crimes which, according to them, don’t harm anyone.

That’s a lie.

Not only do these crimes hurt businesses, large and small, they also harm the people who work in those businesses and the city residents who shop at those businesses. When businesses shutter because of the unacceptable risks and loss caused by repeated thefts, the local residents who used to shop in those stores can no longer do so and have to travel longer distances (and pay higher prices) as a result. Worse still, people who used to work in those stores have to find new jobs or go on unemployment.

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy
KEYWORDS: anarchotyranny; bideneffect; bidenlegacy; blm; crime; dystopia; flash; flashgroups; flashmobs; organized; organizedcrime; sorosdas; theft
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To: dennisw

The slang term is called “boosting”...and it’s very lucrative.


41 posted on 09/23/2023 9:57:13 AM PDT by RushIsMyTeddyBear ("Equity" = "All animals are equal. Some animals are more equal than others.")
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To: Leaning Right

I remember a story about the “Occupy Wall Street” people camping out then going to a Wendy’s and throwing fits with the cashier that they were expected to pay for the food they ordered. This mentality has become more mainstream as a result of OWS and similar movements from the Left poisoning minds.


42 posted on 09/23/2023 9:58:25 AM PDT by Republican Wildcat
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To: RushIsMyTeddyBear

> The slang term is called “boosting”...and it’s very lucrative. <

I heard that term decades ago when I taught at an urban public high school. And yes, I would talk to the students about how wrong stealing was.

No one would actually admit that it was wrong. They always defended their “boosting” by saying the items were priced too high, or the store owners were greedy, etc.

Sort of like a warped Robin Hood. Steal from the rich, give to themselves.


43 posted on 09/23/2023 10:05:12 AM PDT by Leaning Right (The steal is real.)
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To: dennisw

EMPLOYEES WITH SHOTGUNS.


44 posted on 09/23/2023 10:33:55 AM PDT by coalminersson
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To: dennisw

Those wimpy woke corporate boss jerks deserve to suffer but we don’t. Pro leftist stands every time a reverend puts the hand out for money and the company’s weepy statements to the community about lack of racial equity.

We have to pay higher prices because of their not being brought to “justice” in the pseudo justice legal system.


45 posted on 09/23/2023 11:21:17 AM PDT by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: dennisw

How the keeids gonna get their school clothes and fresh kicks? It really would be racist if stores shut down and not supply the keeids with free stuff.


46 posted on 09/23/2023 11:34:24 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: dennisw

Also note the other end of this process — where are the goods sold?

Someone, a lot of someones, are buying stolen goods. On the street or eBay?

If this crime did not pay it would not happen.


47 posted on 09/23/2023 12:17:22 PM PDT by bobbo666 (Baizuo)
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To: dennisw

MSN just getting up to speed, apparently


48 posted on 09/23/2023 1:42:51 PM PDT by Third Person
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To: dennisw

I read recently that Lowes hardware reported over $900 million in losses due to “shrinkage”. in 1 year!!
If they refuse to call it shoplifting and support the democrats then it is just a matter of time before that company goes out of business.


49 posted on 09/23/2023 2:28:24 PM PDT by minnesota_bound (Need more money to buy everything now)
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To: RoosterRedux

Here are two white men shoplifting a new riding lawnmower from Lowes. That was displayed outside the store.

https://freerepublic.com/focus/chat/4184505/posts?page=1


50 posted on 09/23/2023 3:17:57 PM PDT by dennisw (Never attribute to incompetence & stupidity, that which is adequately explained by malice)
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To: dennisw

What’s your point?


51 posted on 09/23/2023 3:40:22 PM PDT by RoosterRedux (A person who seeks the truth with a strong bias will never find it. He will only confirm his bias.)
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To: RoosterRedux

That all races are shoplifting these days. Though blacks are the most prolific.


52 posted on 09/23/2023 3:43:29 PM PDT by dennisw (Never attribute to incompetence & stupidity, that which is adequately explained by malice)
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To: dennisw
Oddly enough, I put the blame of what might be called "reparations shoplifting" at the feet of the Democrats and the race-baiting leaders of the black community.

They are the ones teaching young, fatherless black boys to hate the police and "white" America. They are the ones teaching fatherless boys to take what they want because they are owed.

The Democrats and people like Obama are telling these young men (and women) that they have no hope in America.

These are young men who might have grown up to be good and patriotic citizens had they not been lied to by people they looked up to.

53 posted on 09/23/2023 4:00:52 PM PDT by RoosterRedux (A person who seeks the truth with a strong bias will never find it. He will only confirm his bias.)
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To: ConservativeMind

Yup. A 50 cent solution.


54 posted on 09/23/2023 4:17:11 PM PDT by Cobra64 (Common sense isn’t common anymore)
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