this post was submitted on 21 Aug 2023
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chapotraphouse

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"What we're seeing today requires the government, the community, the retailer, everyone, ... including the consumer, to take action," Johnston said.

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[–] [email protected] 81 points 1 year ago* (last edited 1 year ago) (1 children)

Sorry, but I have this weird problem with my vision where it's really difficult, if not impossible for me to see people stealing groceries.

[–] [email protected] 44 points 1 year ago (1 children)

It's weird. I can see it when people steal belongings from workers, but my vision turns elsewhere when people steal any kind of property from owners.

[–] [email protected] 19 points 1 year ago

I saw a documentary about that terrible affliction once. I believe it was called They Live.

[–] [email protected] 68 points 1 year ago

I work in retail and you could look me dead in my eyes while stuffing a laptop down your sweats and I wouldn't see shit

[–] [email protected] 62 points 1 year ago (1 children)

Cop budgets are through the roof and box stores are still openly calling for vigilantes. Fascism is so stupid.

[–] [email protected] 34 points 1 year ago (1 children)

It would be funny if the only ones affected by fascism were fascists.

[–] [email protected] 10 points 1 year ago

Hitting themselves in the face with truncheons while taunting "stop hitting yourself!"

[–] [email protected] 56 points 1 year ago (1 children)

Remember: if you see someone shoplifting, no you didn't

[–] [email protected] 20 points 1 year ago (1 children)

Especially if it's food or medicine.

They might say: "But what if they sell it for drugs!?" Shut up, scold. Nobody asked you.

[–] [email protected] 10 points 1 year ago

I would say "doesn't matter the person that bought the food obviously needed it so it's still a net positive"

[–] [email protected] 45 points 1 year ago

Last November, Target CFO Michael Fiddelke said the disappearance of merchandise caused a $400 million hit to the retailer's gross profit margin for the year.

And with your help, next year we can make that number even higher.

[–] [email protected] 42 points 1 year ago (1 children)

"If you can take a designer handbag and resell it for 30% off online ... the consumer has to be a little concerned about that," Johnston said.

OH NO!!!!!! Won’t somebody think of the designer handbag companies?????? How am I supposed to show I’m not poor if my handbag is 30% cheaper elsewhere????

[–] [email protected] 40 points 1 year ago

take action

You're absolutely right

I'm gonna steal twice as much now

[–] [email protected] 35 points 1 year ago (1 children)

I will fight and die in WWIII against Russia and China for Home Depot.

[–] [email protected] 34 points 1 year ago (2 children)

DEFEND BURGER TOWN, SEMPER FRIES frothingfash

[–] [email protected] 22 points 1 year ago

Picturing the last days of the united states where russia and china are going block by block finishing the resistance and finding some elderly people and kids chained to machine guns at a burger king.

[–] [email protected] 19 points 1 year ago

The Gravy Seals are here to defend you.

[–] [email protected] 35 points 1 year ago (1 children)

$400 million hit to the retailer's gross profit margin for the year

Target's revenue last year was only $108 Billion, how are they going to survive these catastrophic losses of 0.37% of annual revenue!?

[–] [email protected] 17 points 1 year ago (2 children)

Comparing revenue to profit doesn't really work, especially in retail. It'd be 12% of their $2.78 billion profit, if the $400 million number were true (400m / (2.78b + 400m)).

Target doesn't bother separating out shoplifting (shrinkage) in their earnings reports though, so whatever the true amount, the company doesn't actually think it matters.

Their financials did crater last year, driven by a huge spike in cost of goods sold. Which is the line item where shrinkage would be included, but also where their suppliers all increasing their own prices would go, something we know actually happened last year.

[–] [email protected] 9 points 1 year ago

Note also that "shrinkage," where it is broken out separately, includes items breaking, spoiling, getting damaged, etc., and also includes employee theft as well as thefts by customers.

[–] [email protected] 5 points 1 year ago (2 children)

From looking at all of the figures I can find reporting on it, I believe the $2.78 billion figure you have here is off by a factor of 10. I imagine that the shareholders would be screaming bloody murder if a company with over $100 Billion in revenue only had $3 billion in profit.

[–] [email protected] 8 points 1 year ago* (last edited 1 year ago)

I was going by their earnings report. It's entirely possible I missed a decimal place or something, but I just took another look at it and it seems right? (If I made a mistake it's a mistake I made twice, which I am fully capable of doing.)

[–] [email protected] 6 points 1 year ago

over $100 Billion in revenue only had $3 billion in profit

For a company that's selling commodities you can get dozens of other places, and that maintains a large retail footprint, that doesn't sound too far off base.

[–] [email protected] 35 points 1 year ago (1 children)
[–] [email protected] 24 points 1 year ago
[–] [email protected] 19 points 1 year ago (1 children)

I find it pretty acceptable.

[–] [email protected] 15 points 1 year ago

I find it insufficient. Go forth and steal! The statute of limitations on shoplifting is until you get to your car! I wouldn't steal stuff from a cop store, but you're not a cop. You're not my dad! Later! Later, dawg!

[–] [email protected] 17 points 1 year ago (1 children)
[–] [email protected] 16 points 1 year ago* (last edited 1 year ago)

Maybe if you pay people enough and lobby for things like food and housing and healthcare to be free, they'll be able to buy your overpriced shit instead of feeling compelled to steal it

[–] [email protected] 15 points 1 year ago

Most people aren't inclined to break the rules if they think the rules are fair and equitable.

Pay your fucking workers, leeches. Stop price gouging. This isn't rocket science. People are being driven outside the rules by the misapplication of the current rules. It's entirely a predictable outcome. As usual the response is more cops. Just as it was "more Pinkertons" during the Homestead riots. Or more pogroms during the twilight of the Tsars.

[–] [email protected] 14 points 1 year ago

At my home depot it seems like they have a cop stationed there specifically to keep watch there. He's there literally all the time with his lights on. It's pretty creepy.

[–] [email protected] 10 points 1 year ago

keep going until they go bankrupt

[–] [email protected] 9 points 1 year ago* (last edited 1 year ago)

"everyone... including the consumer, to take action"

SNATCH AND RUN Y'ALL!!!

[–] [email protected] 8 points 1 year ago

Capitalism breeds

[–] [email protected] 7 points 1 year ago

Lmfao sorry man. There’s no way I, as a consumer, am going to do shit about this. Even if I take this “organized shop lifting crime wave” nonsense seriously, the idea that it’s on regular ass people just going to pick up some pencils to potentially put themselves in harms way for their bottom line is so fucked lol.