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Thieves dressed as Santa and his elves bust into grocery store and steal $3,000 worth of food
(www.independent.co.uk)
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And that’s basically it!
I don't think I really care how much money billionaires lose.
That's the thing. They lost $9.2 billion, but they still turned a profit.
They factor the cost of theft into their item pricing.
And yet, if theft stopped, prices wouldn't go back down.
Naturally. By not stealing you are giving them free money.
Doubt they'd have these losses if they stopped throwing away the food and instead gave it to people in need.
Most grocery store do donate food
Wage theft fully eclipses burglary and other petty crimes
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.
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