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Index » Radio Paradise/General » General Discussion » Did the punishment fit the Crime? Page: 1, 2, 3  Next
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R_P

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Posted: Dec 7, 2022 - 10:11am

 black321 wrote:
Given some of the progressive positions on crime (...)


Aftershock
black321

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Posted: Dec 7, 2022 - 8:27am

 ScottFromWyoming wrote:


Note that the word "shrink" includes a lot more than shoplifting, which is typically not as costly as pilferage or other internal theft. 

Costco is repeatedly ranked as one of the best places to work, and I think among retail businesses it's always #1. I wonder if their shrink is as bad as WalMart's... if there's a direct correlation between how well the workers are treated and how much they steal.


Of course, but in this case the "shrink" is being called out as theft (mostly external, not internal).
Companies usually don't report exact shrink amounts, so they are not comparable.
However, Costco has called out that their membership format and unique, staffed entry/exits allows them to control this type of inventory loss better than competitors. 
ScottFromWyoming

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Posted: Dec 7, 2022 - 8:06am

 black321 wrote:

Given some of the progressive positions on crime, if you live in a city and listen to what retailers are reporting, you can see the soft touch on non-violent crime is not working.

CNBC reports on an interview with Walmart CEO Doug McMillon in which he says that theft at Walmart stores is "higher than what it has historically been … We’ve got safety measures, security measures that we’ve put in place by store location. I think local law enforcement being staffed and being a good partner is part of that equation, and that’s normally how we approach it."

Nevertheless, McMillon tells CNBC, "a lax approach from prosecutors could impact prices and lead to store closures down the line. 'If that’s not corrected over time, prices will be higher, and/or stores will close,' McMillon said."

The story notes that "Walmart isn’t the only big-box retailer dealing with an uptick in theft. Last month, Target Chief Financial Officer Michael Fiddelke said shoplifting has jumped about 50% year over and year, leading to more than $400 million in losses in this fiscal year alone. Most of the shoplifting is organized retail theft, rather than petty theft, Fiddelke said."

Dick's Sporting Goods, Macy's, Rite Aid, CVS, Walgreens...many other are pointing to increased shrink (theft) having a significant impact on their margins. 




Note that the word "shrink" includes a lot more than shoplifting, which is typically not as costly as pilferage or other internal theft. 

Costco is repeatedly ranked as one of the best places to work, and I think among retail businesses it's always #1. I wonder if their shrink is as bad as WalMart's... if there's a direct correlation between how well the workers are treated and how much they steal.
black321

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Posted: Dec 7, 2022 - 7:40am

Given some of the progressive positions on crime, if you live in a city and listen to what retailers are reporting, you can see the soft touch on non-violent crime is not working.

CNBC reports on an interview with Walmart CEO Doug McMillon in which he says that theft at Walmart stores is "higher than what it has historically been … We’ve got safety measures, security measures that we’ve put in place by store location. I think local law enforcement being staffed and being a good partner is part of that equation, and that’s normally how we approach it."

Nevertheless, McMillon tells CNBC, "a lax approach from prosecutors could impact prices and lead to store closures down the line. 'If that’s not corrected over time, prices will be higher, and/or stores will close,' McMillon said."

The story notes that "Walmart isn’t the only big-box retailer dealing with an uptick in theft. Last month, Target Chief Financial Officer Michael Fiddelke said shoplifting has jumped about 50% year over and year, leading to more than $400 million in losses in this fiscal year alone. Most of the shoplifting is organized retail theft, rather than petty theft, Fiddelke said."

Dick's Sporting Goods, Macy's, Rite Aid, CVS, Walgreens...many other are pointing to increased shrink (theft) having a significant impact on their margins. 


haresfur

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Posted: Jul 9, 2021 - 4:06pm

 cc_rider wrote:

Why didn't they just grab Art Tatum?

What? Too soon?
c.



ouch 
oldviolin

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Posted: Jul 9, 2021 - 12:55pm

 miamizsun wrote:

conformity is the new blindfold...
 
miamizsun

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Posted: Jul 9, 2021 - 12:40pm

 oldviolin wrote:

Can't see what you can't see...
 
conformity is the new blindfold...
oldviolin

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Posted: Jul 9, 2021 - 12:28pm

 miamizsun wrote:
 oldviolin wrote:

Likely didn't have the foresight...

because psychic circumcision  
 
Can't see what you can't see...
miamizsun

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Posted: Jul 9, 2021 - 11:51am

 oldviolin wrote:

Likely didn't have the foresight...

because psychic circumcision  
oldviolin

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Posted: Jul 9, 2021 - 9:03am

 cc_rider wrote:
 oldviolin wrote:
In 1926, Al Capone had his thugs kidnap Waller, & they took him - blindfolded, to play piano at a 3-day Capone birthday party. Waller said he was paid really well, treated nicely, & released, exhausted, but with a pocketful of cash, when the party finally ended.

Why didn't they just grab Art Tatum?

What? Too soon?
c.

 
Likely didn't have the foresight...
cc_rider

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Posted: Jul 9, 2021 - 8:52am

 oldviolin wrote:
In 1926, Al Capone had his thugs kidnap Waller, & they took him - blindfolded, to play piano at a 3-day Capone birthday party. Waller said he was paid really well, treated nicely, & released, exhausted, but with a pocketful of cash, when the party finally ended.

Why didn't they just grab Art Tatum?

What? Too soon?
c.

oldviolin

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Posted: Jul 8, 2021 - 3:15pm

 Manbird wrote:
I'm just addicted to ice cream. But I do get where you're coming from. Truly. I do...
I'm not a paid spokesman for overcoming
 desperation .
And yet, you must...
Manbird

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Posted: Jul 8, 2021 - 2:38pm

 oldviolin wrote:

In a lactose intolerant fit, I broke out and ate a bunch of ice cream. I predict the punishment will be along shortly.
Emotional eating is all the rage...



I'm carrying 28 extra pounds of emotional eating around me bella. Anxiety and depression = apple fritters and ice cream cones = cortisol = depression = heart attacks and diabetic resistance ad infinitum. 

oldviolin

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Posted: Jul 8, 2021 - 2:11pm

In a lactose intolerant fit, I broke out and ate a bunch of ice cream. I predict the punishment will be along shortly.
Emotional eating is all the rage...
oldviolin

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Posted: Jul 8, 2021 - 1:57pm

In 1926, Al Capone had his thugs kidnap Waller, & they took him - blindfolded, to play piano at a 3-day Capone birthday party. Waller said he was paid really well, treated nicely, & released, exhausted, but with a pocketful of cash, when the party finally ended.
Zissy

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Posted: Dec 9, 2004 - 6:04pm

KevinM

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Posted: Dec 9, 2004 - 8:58am

lowelltr

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Posted: Nov 24, 2004 - 2:35pm

zevon

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Location: Red Sox Nation.
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Posted: Nov 24, 2004 - 2:32pm

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