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re: Target is closing stores because…..
Posted on 5/17/23 at 1:46 pm to WildcatMike
Posted on 5/17/23 at 1:46 pm to WildcatMike
0
Posted on 5/17/23 at 2:00 pm to WildcatMike
This is hilarious and well deserved.
Posted on 5/17/23 at 2:05 pm to WildcatMike
I had to have someone unlock a case so I could buy an $8 off-brand phone charger at WalMart. 
Posted on 5/17/23 at 2:06 pm to bgtiger
quote:
They trip all over themselves to avoid reality
My favorite is “gun” violence.
Posted on 5/17/23 at 2:08 pm to WildcatMike
need to stop letting people steal, hires security with batons, and crack some fricking skulls when they try.
stop with a quickness.
stop with a quickness.
Posted on 5/17/23 at 2:09 pm to VABuckeye
quote:
You stated over a billion in theft. Your quote clearly says over a billion in profits. There's a large difference between the two. It takes a lot more than a billion in sales to generate a billion in profits. Math is hard.
Do you think a journalist actually got the distinction right?
Posted on 5/17/23 at 2:13 pm to LSUGrrrl
quote:
What would that do when local DAs aren’t prosecuting thefts?
retain ur merch and kick the frickers out
Posted on 5/17/23 at 2:19 pm to WildcatMike
quote:
Holy shite, over a billion in theft?
Right, which means that the retail value of the "shrinkage" far exceeds $1.1billion.
Posted on 5/17/23 at 2:19 pm to Deep Purple Haze
I managed retail for a number of years. Big box stores have shrink built into their sales plan/projections for every calendar year. Usually somewhere between 1 and 2%. They start out automatically writing off that % as a loss and build from there. It sounds to me as though this 1 billion is above and beyond that, as they termed it profits.
These woke companies don't want to risk offending anyone so they'd rather cut off their nose to spite their face and just let folks wantonly steal. It's absurdity. Hire some legitimate security.
These woke companies don't want to risk offending anyone so they'd rather cut off their nose to spite their face and just let folks wantonly steal. It's absurdity. Hire some legitimate security.
Posted on 5/17/23 at 2:20 pm to Fun Bunch
Tuck option huh?
Now were are the trunks with the bulk option?
Now were are the trunks with the bulk option?
Posted on 5/17/23 at 2:23 pm to WildcatMike
quote:
will have cost Target $1.1 billion in profits by the end of the year.
Based on their reported profits for last year that is near the 4% shrinkage mark, anything over 3% is horrendous, ~1.5% is about the retail industry average, and 1% is considered really good. Also clear front door theft (external) also gives good cover for increased back door theft (internal).
Also keep in mind that is chain wide so it is likely the stores they are closing are well above that 4% mark.
Posted on 5/17/23 at 2:24 pm to WildcatMike
Sounds like they need better lost prevention processes. I watched a loss prevention specialist attack a shoplifter's cart as she tried to leave Walmart. He didn't touch the lady..he just pinned the cart against the wall as she was exiting the store. I guess, that way he couldn't be sued for assault? 
Posted on 5/17/23 at 2:25 pm to NASA_ISS_Tiger
quote:
I guess, that way he couldn't be sued for assault?
she ain't shoplifting until she leaves the store, right?
Posted on 5/17/23 at 2:28 pm to 777Tiger
quote:
she ain't shoplifting until she leaves the store, right?
I'd be willing to bet there's some rule about "leaving was imminent". She was literally a foot from the exit door when he pushed that cart into the wall.
Posted on 5/17/23 at 2:35 pm to WildcatMike
Banning police, not enforcing the law, and woke = Billions of $$$$ Feel the pain Target.
Posted on 5/17/23 at 2:36 pm to WildcatMike
White supremacists Mexicans and Trump did that.
Posted on 5/17/23 at 2:39 pm to Jones
quote:
Nice fail mr smart guy that drops in every thread like this to defend shitheads
Net defending shitheads, son.
Just saying there's more to this story than the Target press, since those quoted numbers are better than most.
ETA: I got as much hate for shoplifters as anyone.
This post was edited on 5/17/23 at 2:49 pm
Posted on 5/17/23 at 2:40 pm to WB Davis
Speak your truth. Don’t let these bigots stop you.
Posted on 5/17/23 at 2:43 pm to Deep Purple Haze
quote:So the problem with that is with all the crazy idiots, the cops are busy dealing with that. Don't have time to stand guard, even if they are offered a job to do it, they typically turn it down because they don't have the available staff. That's why a lot of companies typically outsource their security detail with a private company
hire a fricking cop, idiots
This post was edited on 5/17/23 at 2:44 pm
Posted on 5/17/23 at 2:47 pm to WildcatMike
CNN has been blasting articles trying to dispute that. that told me that it was exactly due to theft
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