this post was submitted on 28 Jun 2023
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Every dollar stolen from the store gets added to the prices you pay going forward, they absolutely do not let it come out of profits.
then why are they whining about it?
Because now they can't increase the prices anyway and get better profit margins.
because they are already charging top of what they can get away with.
theft eats margin which is good, fuk 'em. fucking grifting welfare queens
Good? It’s not like it’s the only game in town. They raise the prices then that will just open a window for lower priced competitors who don’t have the same issues.
How are lower priced competitors not having the same issues? If those competitors use labour to checkout, they're going to be more expensive. If they're using self-checkout, they would have the same theft issues.
ALDIs in my area is a great example. No self check out, lower prices and they know their market, always placing stores within sight of a Walmart. Winn-Dixie somehow still exist where I live and they do have shelf check out but it’s not like Walmart. And like Publix they always have people at other check out lanes. So it definitely seems like a choice to be only self check out that Walmart chooses.
Do you think they'd lower prices if theft stopped?
Nope.
that aint how market pricing works... learn basic economics.
Yes it is, the pricing is set by retailers competing against each other, all of which are having theft problems. They will all simply pass along the costs associated with theft because purchasers can't get the same or substitute products anywhere else cheaper.
And every self-checkout closed is a few more people in work getting paid for their labour, unlike the mugs struggling with self-checkout who aren't even getting a discount for using the scab tills
If you want people to work simply for the sake of money, why not just give them money directly and not have them work? The work is clearly not necessary if it can be automated away that easily.