You realize the store will just close right? And the cost of “loss” gets passed on to the customer. Liberals literally can’t grasp business or economics, it’s bizarre.
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What? Lmao, retail business insurance covers theft - the pricing and overhead of the store takes into account all the shoplifting that ISN’T seen. This has nothing to do with econ. It’s basic accounting practices.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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This isn’t a discussion on the morals of theft, though. Theft just is. It will always happen, forever. If your business doesn’t take theft into account as the cost of doing business, you’re going to lose a lot of money.
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“Insurance doesn’t cover irregular events” Excuse me, what the fuck do you think insurance is?
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Not to mention the plan to close stores preceded the spike by several years.
And yes, plenty of corporations subsidize their stores - WG owns about 15% outright - but that’s besides the point.
They have insurance for this. They lose 0 dollars.