12-10-2023, 02:49 PM
(12-10-2023, 02:18 PM)Sociopathicsteelerfan Wrote: Very interesting. To what end? As I said, locking up product affects sales. You wouldn't do it unless not doing cost you more money.
He has been the one making the media rounds and spoke in front of a House committee on the topic as the head of the Coalition of Law Enforcement and Retail (CLEAR). He claims his numbers regarding shrinkage due to "organized retail crime" (ORC) comes from the National Retail Federation (NRF). The problem is that those numbers are from 2016 and are discussing overall shrinkage and when the NRF was asked about their claim on ORC they said their numbers came from CLEAR. So there is this circular logic involved that doesn't jive.
The folks on the podcast discuss this in detail and they focus on another thing in the numbers. Apparently, while the overall dollar figure of shrinkage due to theft has increased, the percentage has remained stable. The increase in loss is attributable more to the rising cost of inventory than it is to any increase in theft. This is all based on reporting from the retailers themselves who actually have more of an incentive to report these sorts of things to push policy efforts.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
