Major store's CEO blasts self-checkout theft & warns of closures due to crime
Major store's CEO blasts self-checkout theft & warns of closures due to crime
THE president of Giant Foods has spoken out against bands of thieves stealing groceries and warned that stores could close from the increase in retail crime. Retail theft has become a nationwide is…
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I don't personally steal at self-checkout, but if saw anyone stealing I'd just ignore it. As far I'm concerned, they deserve to be stolen from. Zero interest in hearing the crocodile tears of those who were complicit in price gouging.
This. Zero sympathy. And people need food to live.
As the meme goes, if you saw someone stealing food, no, you didn't. Poor people gotta eat too.
Every dollar stolen from the store gets added to the prices you pay going forward, they absolutely do not let it come out of profits.
then why are they whining about it?
Because now they can't increase the prices anyway and get better profit margins.
Do you think they'd lower prices if theft stopped?
Nope.
I hear what you're saying, but we're not talking about a single-mother sneaking diapers out because she needs them or a Jean Valjean-type taking bread because they're hungry...
This is OCR (Organized Retail Theft) where a team of 3+ people coordinate with phones, distractions, and a driver, to quickly get as many high-dollar, shelf-stable items out of a store as possible to resell on Facebook marketplace/eBay/etc. It's typically at least $1000 per store.
If you hate large organizations, you should hate the greed of criminal rings like this, because we all absolutely pay more because of it...
EDIT: I'm just talking about what the article is referring to. I'm not saying companies don't pass the costs on to consumers, and I'm not casting moral judgement.
We'd pay more anyway, they're just butthurt that the margins are smaller. You think the prices are going to come down if the theft stops?