Eric you big chap, I work in loss prevention (in the UK) and let me tell me your completely wrong. Walgreens already include estimated shrinkage in their pricing, so your first option is already happening. Secondly, this store is in a prime location. Don't be silly it won't close
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Replying to @Regretfullyyou2 @ericsugar and
If shrinkage increases, the amount they have set aside for shrinkage decreases. It still impacts profit. If their prices get too high, it doesn't matter where you're located, you will be moving.
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Replying to @BrantHancock @ericsugar and
Obviously, but they account for things like this in their profit. This is not a lot of money being stolen. Genuinely think about how much product moves through that Walgreens, this isn't even 1% of their days sales
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Replying to @Regretfullyyou2 @ericsugar and
I would bet the bank, that this surpassed one day's shrinkage amount. And I would bet the bank, that it was more than 1% of their sales. The only thing I know for sure, no store would see this and turn a blind eye, shrug shoulders etc.
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Replying to @BrantHancock @ericsugar and
Then you would lose "the bank". Twice. People steal van and lorrys loads of product all the time. The only thing I know for sure is the store would report this to their insurance and the police, and move on knowing they have lost nothing.
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Replying to @Regretfullyyou2 @ericsugar and
Can't lose bank twice. We all know your opinion. That was mine. Let's see where we disagree. What do you think the thug took? Like what items? How much and estimated costs? Lastly, how much do you think this store makes per day, from their floor sales?
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Replying to @BrantHancock @ericsugar and
Sure. 1/2 Firstly thug refers to a violent criminal. This was a victimless crime, so not really thuggery. It looks to me like he's taking medicines and cosmetic products. Average markup for cosmetic products is often near 100% in my experience, used to work with p+g.
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Replying to @Regretfullyyou2 @ericsugar and
What about criminals who would see this and repeat his actions or commit worse crimes? What about their victims? Easy to think "no one is impacted", but dig deeper. We're talking about floor sales, not markups and margins. So how much was taken and how much does floor bring in?
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Replying to @BrantHancock @ericsugar and
That's not how criminals work mate, please explain how anyone would see this and think oh yes I'll just go batter a pensioner. This is a victimless crime, as stated. What victims? Why are we talking floor sales? That's not how either the insurer or Walgreens will measure it.
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Replying to @Regretfullyyou2 @ericsugar and
I had a friend who stole change from cupholders, next he started taking the radios, then he tried stealing the cars. This lead to group activity. He's dead now, OD. All started with a little change man. He had 2 younger brothers that watched him banging as well. They are victims.
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This is the slippery slope fallacy. You cannot correlate stealing change to oding.
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Replying to @Regretfullyyou2 @ericsugar and
In not supporting a correlation between the two. I'm giving you an exact account of a friend who got away with one thing after another. Got confident enough to move to bigger crimes. Then ended up dead. It's a single account and his family suffers.
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