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Shoplifting has reportedly become a $94.5B problem for US retailers
Nypost ^ | 12/23/2022 | By Ariel Zilber

Posted on 12/23/2022 8:55:00 AM PST by ChicagoConservative27

A nationwide shoplifting epidemic is crippling the finances of brick-and-mortar retailers, who warn that they may be forced to raise prices or even shutter stores in order to offset tens of billions of dollars in lost inventory.

The National Retail Foundation is estimating that it lost $94.5 billion last year due to “shrink” — an industry term that means lost inventory — which is being blamed primarily on shoplifting, according to The Wall Street Journal.

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


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: anarchotyranny; bideneffect; bidenvoters; crime; dempolicies; dystopia; freebies; freestuff; justtakeit; leftwingculture; orc; problem; reparations; retail; retailcrime; retailers; shoplifting; theft; theleft; us; woke
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To: Major Matt Mason

Shhhh.... it’s verboten to speak of the elephant in America’s living room.


61 posted on 12/23/2022 11:21:47 AM PST by TheDon (Resist the usurpers)
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To: MHGinTN

I think we shall find out.


62 posted on 12/23/2022 11:22:46 AM PST by TheDon (Resist the usurpers)
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To: PGR88

It doesn’t really matter to me who retails imported, mostly from China, crapola. It is all the same to me.


63 posted on 12/23/2022 11:25:33 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: ChicagoConservative27

To enter a store you should have to show a retail shoppers license. To get one you have to have a clean record for 10 years.


64 posted on 12/23/2022 11:27:41 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: fwdude

i know i am surprised here!!


65 posted on 12/23/2022 12:09:04 PM PST by ronniesgal (Just GET A JOB already. )
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To: E. Pluribus Unum

Yep


66 posted on 12/23/2022 12:13:45 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: E. Pluribus Unum

Exactly.

Walmart alone is claiming $3 billion in losses each year now,
due to shoplifting and employee theft.


67 posted on 12/23/2022 12:16:57 PM PST by DoughtyOne (I pledge allegiance to the flag of the U S of A & to the Constitutional REPUBLIC for which it stands)
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To: ronniesgal

FR can be shut down by its hosting company for violation of speech codes. It’s getting very scary.


68 posted on 12/23/2022 12:18:23 PM PST by fwdude (Society has been fully polarized now, and you have to decide on which pole you want to be found.)
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To: T.B. Yoits

After all the looting America went even more stupid


69 posted on 12/23/2022 12:19:29 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: I want the USA back

The reality is that most of these unprofitable stores will close in deep blue cities and communities.

We pay for the lost revenue regardless of where we live or how we vote and to put salt in that wound they will continue to blame us for the results of policies we do not support.

What a mess.


70 posted on 12/23/2022 12:42:16 PM PST by volunbeer (Find the truth and accept it - anything else is delusional)
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To: PeterPrinciple

eBay and Amazon sales of the pilfered property:

Must be the reason “condition” is said to be “Like new. Just shoplifted.”


71 posted on 12/23/2022 1:27:31 PM PST by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: ChicagoConservative27

Worse than I estimated.

Question is WHY do the police, security officers and employees-—plus the public-—tolerate this?

Local news always shows the viral videos and says a shocking brazen group of shoplifters looted a high end electronics store (or jewelry) and left in SUVs with no police chasing them.

1) Are they being racially sensitive to being labeled racists for arresting and possibly hitting them or shooting them? Could get sued or just banned and boycotted for opposing BLM?

2) If fighting them would innocent bystanders and shoppers plus employees be killed or taken hostage?

I was told once that the reason banks no long have a security guard present is that opposing a bank robber led to shootings of customers. Better to let them leave with the money.

How long will Americans tolerate this? Desperdoes in the Old West eventually were taken down by the hanging judges and gun toting lawmen. After vigilantes led the way.


72 posted on 12/23/2022 1:35:01 PM PST by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: Leaning Right

Hot time in a hot car photo....

Security guard to store manager:
“Next time remember to bring the marshmallows.”


73 posted on 12/23/2022 1:38:41 PM PST by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: fwdude

RE: would really like to see an honest breakdown of this total by race.
Reply:
That wouldn’t be allowed.
//////////////////////

Only okay for things like driving while black traffic stops.


74 posted on 12/23/2022 1:40:17 PM PST by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: Leaning Right

Photo of car with superior heating system....

From Goldfinger:
Q: I’ve added a few interesting modifications to the DB-5.


75 posted on 12/23/2022 1:42:54 PM PST by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: Leaning Right

100% always fits the screen.

Without the % sign will get you pixel dimensions.


76 posted on 12/23/2022 3:37:43 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: ChicagoConservative27

The good news? With inflation the way it is, 94.5 billion ain’t what it used to be.


77 posted on 12/23/2022 3:58:16 PM PST by mbrfl
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To: ChicagoConservative27

The solution is to not prosecute.
Oh wait that is the reason why there is so much crime.
Plus the public sees the democrats taking bribes and stealing elections.


78 posted on 12/23/2022 10:14:41 PM PST by minnesota_bound (Need more money to buy everything now)
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To: IYAS9YAS
It’s going full-on South Africa.

Its time for the under-the-car flame thrower attachment.

79 posted on 12/24/2022 6:21:09 AM PST by GingisK
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To: dfwgator
that’s a built-in anti-theft device

As long as contents and windows don't matter.

80 posted on 12/24/2022 6:23:58 AM PST by GingisK
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