CNN shares the good news that the shoplifting crisis is no longer a thing.
I’m not sure how true that is for a number of reasons, but what was striking about the CNN report was how casually the network reported that one of the reasons is that stores have had to make life worse for everyone in order to reduce “shrink.”
What happened to the great shoplifting crisis?https://t.co/lX7btykaEm
— Nathaniel Meyersohn (@nmeyersohn) September 13, 2024
No doubt, shoplifting HAS declined somewhat, although the statistics are likely skewed by the fact that it has proven to be pointless to report theft anymore. Shoplifters can be as brazen as they like because stores fire employees who try to stop the thefts. Presumably, this is because insurance costs rise if employees or shoplifters get injured in confrontations, and there is a PR backlash if something goes wrong during a…
