U.S. retailers admit they lied about shoplifting, retail crime again
U.S. retailers admit they lied about shoplifting, retail crime again
The circle of life. Stores fail for complex reasons → retailer quietly posts accurate analysis of its own mistakes → retailer loudly posts press release blaming shoplifters and gangs → media likes …
You mean that Target wasn't closing stores because of theft after all?! I'm shocked.
That was just the coverup so they didn’t get backlash from laying everyone off after another round of C-Suite bonuses.
They probably closed the stores trying to unionize.
You don’t understand what it’s like for them. They don’t like sacking people for bonuses but they just can’t come up with any other ways to increase profit. What are they supposed to do? Get creative? Build a strong respectful work culture? Not take a bonus? You see. It’s not as easy as you think. Timmy can miss out on his toy train this Christmas. Besides, it’s just business
I’ll give Target a bit of lee at here because they were only there first to admit they were wrong, they also shared a bunch of data about how their shrink calculation methodology, which much of the retail sector shares, is flawed.
I have worked for target. Their logistics methodology is incredibly on point. They are highly invested in getting things right, if no other reason, for the sake of their own profitability.So as there are being open, they have some credibility here, I would say, especially given that others here are so closed. This interest certainly serves their profit motive as much as it services our our motive.  There is, at least, for now, no reason to distress them.
Let me guess. The stores they closed tried to unionize, so they made up some shit about shoplifting.
This, with a generous side of pushing right wing narratives about urban crime panic because they think it will help Republicans win.
And yet this was all done by the "national Retain Federation".
Literally complain, yell, cry, and fire people because of unions and yet they are in a corporate Union themselves.
Unions work.
I thought it was just because real estate is expensive af now
I'm not going to trust "boingboing.net", but that's just me
Holy shit, boingboing.net?
That's a site I haven't heard of in a long time.
It was one of the first websites I remember regularly visiting in the 90s, and looks like they haven't changed much since.
That's cool.
I don't know why they post the boingboing piece when it links to a much better Reuter's article.
The only meaningful theft, by the numbers, is wage theft.
ITT: People who haven't been on the internet long enough to know what BoingBoing is.
I'm old.
If you know what BoingBoing is, your knees probably crackle when you squat and stand.
I wonder how Slashdot is doing...
Looks like it's still going strong, but each article has like 15 comments. And the poll has a CowboyNeal option...
I’m tired, boss.
It's one of those new upstart weblogs right
I remember getting something I did linked to on BoingBoing back in the day and I felt like I was famous for a little while.
Yeah I think i was visiting Boing Boing on the regular a couple decades ago or nearly so.
I was just thinking about 1up the other day
This turning out to be true is unsurprising, but if it were, follow it to its logical conclusion and you would see large retailers lobbying the government to increase wages. Like, we live in a fucking police state, the problem is not that we're suddenly an outlaw country, the problem is that people don't make enough money or have enough safety nets to live. It's the same with all of the "Americans feel bad about the economy even though the dow is up, why?" Well, because we can't afford housing and groceries. Simple fucking problem.
I was looking at Bidens approval rating compared to other presidents on 538 and it's crazy seeing the last time this really was so bad, aside from Trump, was the Great Depression...which says alot about the disconnect today spouting Dow successes but normal people struggling to stay afloat.
Those stock indexes only show how the top corporations are doing. A company gets removed from the index if it performs poorly and is replaced by another company that has increasing stock price. The markets as it is displayed in media only show how corporations are doing. So basically the ruling class is selling economic performance to everyone else to keep people in line and their heads securely on their bodies.
No one is going to do that, because if the peasants have more then the nobility can't mock them for being lesser.
Don't worry, people will completely ignore the retraction and continue to blame their fellow poor people (just not themselves) for the outrageous behavior of our corporations.
Kind of like how any game developer who says that piracy is the reason that they failed financially, even though some of the greatest games of all time are the ones that get pirated the most.
Does this qualify as a news article?
It's a parody website, I'm a bit surprised it isn't marked as such as people seem to think otherwiseGoing to leave my comment but I am thoroughly impressed that this is not a parody.
They are talking about organized retail theft. Individuals stealing still could make up a large amount of loss. Article doesn't seem clear to me on that point.
Stores have insurance to protect them against theft.
Having insurance isn't a free money glitch. Insurance companies wouldn't be able to operate if the insurance didn't cost more than the claim payouts.
That type of knee jerk conjecture is really weak. The data collected on shrinkage, as noted in the linked Reuter's article, is noisy. You can't differentiate lose due to theft or shipping mistakes or cliericsl error.
More importantly, and not mentioned directly in the boingboing article, was the cited number of rising organized theft was based upon an analyst from a security firm. The report was created in partnership with that firm. With the recent redaction, there is no mention of that firm.