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by addicted 2066 days ago
Isn’t this just an easy and cheap way to wind down and have insurance pay for everything?

You don’t have to pay additional staff to be able to monitor a store. You don’t have to pay for additional security. And you don’t have to put in effort to sell your product.

Just let people steal stuff, and cover 60-70% in insurance quickly and easily, as opposed to spending weeks and months trying to offload product using massive discounts, which would probably negatively impact sales at other stores and online.

1 comments

I don't think that drug stores have an insurance policy that covers shoplifting. Who would offer such a policy if they knew there were going to lose money? Or if such a policy was offered, wouldn't the rates be greater than the losses? I guess I don't know for sure, maybe there is some sort of a corporate reimbursement. Are you guessing, or do you know more?