| > I’ve also noticed a weird tendency to downplay theft lately, either through projecting a theoretical moral justification on to the shoplifter or by insinuating that retail stores are evil corporations and therefore deserve no sympathy. Let me try to convince you without defending the morality of the shoplifter or declaring corporations evil. 1. On the totem pole of crimes, petty shoplifting (without violence) is pretty close to the bottom when it comes to harm done the public. Jaywalking and smoking weed are lower. 2. These corporations that are being robbed already build shrinkage into their budgets. $300k of baby food is nothing to Walmart, a rounding error, and I doubt you can even see it in their bottom line. Even a smaller shop is not going to go out of business if someone walks out with all their toothpaste. It’s not analogous to stealing from an individual. 3. There are a limited number of police and I’d rather them be out there deterring violent and serious crime than protecting the inventory of companies. When every rapist, murderer, white collar fraudster, and drunk driver is behind bars, and the police have nothing left to do, then sure, go bust those dastardly deodorant thieves. |
"Rite Aid, a pharmacy, closed a branch in Hell’s Kitchen in February after losing $200,000 worth of stuff last winter. And last week Target, a big retailer, reported that a rise in “shrink” (to use the industry jargon) had reduced its gross profit margin by $400m so far this year. The National Retail Federation says inventory loss, largely driven by theft, cost retailers a record $95bn last year."
It seems that $300k is several orders of magnitude off.
The harm to the public is when the stores find it unprofitable to exist in certain neighborhoods, which makes the neighborhoods even worse off. If the stores don't close, then prices have to rise to pay for the shrinkage, which the public has to pay for.