The store in my neighborhood thought it wise to lock up the fancy Italian coffee beans. I'm absolutely sure it will not stem theft and will absolutely decrease sales. The bags are big - these are the 1kg bags - so I'm fairly sure most of the theft that is happening is internal anyway.
this post was submitted on 15 Jan 2025
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Despite all the effort spent prosecuting it, there's virtually no concrete evidence that retail theft — organized or otherwise — is on the rise. Data on retail theft provided to law enforcement and lawmakers comes exclusively from corporate retailers, or organizations funded by them, and is not independently vetted. Last year, the National Retail Federation was forced to retract its claim that organized retail theft cost its members "nearly half" of the $94.5 billion in lost inventory in 2021. One researcher put the actual figure closer to 5%.
Yeah, no shit. It's almost like the entire fucking world was telling you this when you embarked on this ridiculous plan.
Meanwhile, my local Walmart is expanding their caged goods selection and they have been removing call buttons.
Its time to invest in vending machines.
article is paywalled. I found a similar article with no paywall: https://www.cbsnews.com/boston/news/walgreens-shoplifting-retailer-james-kehoe/
Reminder, using the reader function in Firefox skips almost all pay walls.
paywalled
Headline is right.
'When you lock things up…you don't sell as many of them’
The irony…
I mean when you give things away you don’t sell as many of them either.
Selling stuff works best in an environment where the goods aren’t free but the people are.
People make money at roadside food stands based on the honor system. Anyone who just thinks “that’s naive” doesn’t know what they’re missing. A trust-based society that keeps accounts is the best society.
When your prices are significantly higher than your competition, you also sell fewer products. Walgreens and CVS are both stupid expensive.
Exactly I gets over the counter kind cheaper at my local grocery store then at Walgreens.
I've known people who just do their regular shopping at those stores. I'll never understand why.
I went to a Walgreens to buy nail clippers since I was nearby and had a bad hangnail.
Had to push a red button to wait for an employee to unlock the cabinet. After 10 minutes, I ran to find a random employee who was stocking and they got me what I needed.
That was the first and last time I ever went to Walgreens.
That's like years ago, like 2016, I went to Walmart for the last time. They closed all the self checkout lanes, but I guess forgot to rehire cashiers. So I waited 30 minutes in line on a random weekday to buy one 50ft extension cord.
In the Soviet Union, the shopper experience wasn’t vastly different. You would stand in different lines to select, pay and collect items, so it was a good idea to bring a chair and a book with you.
Wal Marts in Denver have been doing this a lot lately.
Yeah, I end up still using their pharmacy because the pharmacist is just a great guy and he takes care of people. But the rest of the store can fuck right off.
If you have good insurance you might not notice this, but drug prices at Walgreens and CVS are significantly more expensive than many other pharmacies, like Walmart, Costco, or HEB. Compare prices on Goodrx.com and see