Some are shutting down because of robbery and others due to an increase in online shopping. Companies are losing $65 billion per year due to shop lifting.
OT. Store Closings
Dec 26, 2021
Last reply: 4 years ago
54 Replies
formatting link
I wonder how much they lose from theft in the warehouse and theft in delivery?
I'd expect that more are shutting down because of Amazon.
Sensible take from Mr. Larkin...has OP seen the prices for the other crap at stores like CVS and Walgreens besides meds in cities like SF and NYC and Boston? $15 USB cables that sell for $2 per on Amazon.
A lot of this junk that was looted would've never sold to be counted towards profit in the first place.
Some, but retailers already treat their employees like criminals to the greatest extent they can so whatever slips by is just a cost of doing business.
Join the Discussion
Have something to add? Share your thoughts — no account required.
Didn't find your answer?
Ask the community — no account required