this post was submitted on 19 Dec 2025
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[–] _cryptagion@anarchist.nexus 74 points 10 hours ago (5 children)

Retail crime resulted in losses of $9.2 billion in Canada in 2024.

I don't think I really care how much money billionaires lose.

[–] Susaga@sh.itjust.works 32 points 9 hours ago (1 children)

That's the thing. They lost $9.2 billion, but they still turned a profit.

[–] Neptr@lemmy.blahaj.zone 5 points 5 hours ago* (last edited 5 hours ago) (1 children)

They factor the cost of theft into their item pricing.

[–] Susaga@sh.itjust.works 7 points 5 hours ago (1 children)

And yet, if theft stopped, prices wouldn't go back down.

[–] Neptr@lemmy.blahaj.zone 5 points 5 hours ago* (last edited 5 hours ago)

Naturally. By not stealing you are giving them free money.

[–] lath@lemmy.world 15 points 10 hours ago (1 children)

Doubt they'd have these losses if they stopped throwing away the food and instead gave it to people in need.

[–] TachyonTele@piefed.social -1 points 8 hours ago

Most grocery store do donate food

[–] UnderpantsWeevil@lemmy.world 12 points 10 hours ago

Wage theft fully eclipses burglary and other petty crimes

[–] Catoblepas@piefed.blahaj.zone 8 points 9 hours ago (1 children)

Major retail theft is almost always done by employees, anyway. Very intellectually lazy reporting to just drop that factoid (produced by retail stores, not independent studies) without that context.

[–] rozodru@pie.andmc.ca 5 points 5 hours ago

been this way for decades or since like ever. I remember working at Best Buy in the early 00s and the primary shrink factor was internal theft not shoplifting. Hell the LP guy that stood in the front of the store with the yellow shirt spent more time watching employees than actual customers.

You know you’re right, we could do better ! That’s rookies number