The circle of life. Stores fail for complex reasons → retailer quietly posts accurate analysis of its own mistakes → retailer loudly posts press release blaming shoplifters and gangs → media likes …
Yeah but they’re only closing because they’re not bringing in maximum profits.
They’re still making profits they’re just butthurt they’re not making more and that was my original point.
If you can lose $3b in theft and still make record billions then no, theft does not affect you at all.
With all that said though if the store is legitimately being robbed to the point of affecting profits that much then yeah go ahead and close. But the companies that claim theft as the reason for closing stores are bullshitting you.
Theft clearly doesn’t affect their overall profits considering how many chains have had record profits.
Looking at you Walmart
Of course it affects it.
Not meaningfully
Depends where you set the bar. Does it make it more likely that certain locations are closed? Probably.
Yeah but they’re only closing because they’re not bringing in maximum profits.
They’re still making profits they’re just butthurt they’re not making more and that was my original point.
If you can lose $3b in theft and still make record billions then no, theft does not affect you at all.
With all that said though if the store is legitimately being robbed to the point of affecting profits that much then yeah go ahead and close. But the companies that claim theft as the reason for closing stores are bullshitting you.
But it does. You are using “at all” wrong lol.