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I remember when I was a kid, my dad took me a Cincinnati Reds baseball game, it was a night game, when we came back to the car, someone had stolen the battery in our car and several others in the same parking lot. This was back in the early 80s, but Im guessing since car batteries average about $150...they are a prime target for thieves to this day.
In my area any shoplifter faces arrest, booking, bail, the whole 9 yards. Regardless of the amount.
Yea, I think its different depending on the region, and it varies from company to company. Home depot around here is constantly calling police to pick up shoplifters.
the impact shoplifting has on P&L can vary greatly too, it depends on what they steal in most cases, we have different contracts with different vendors and suppliers, like cigarettes for example, there is a certain amount of 'shrink' (theft) covered under the contract, so if a thief stole THAT brand of cigarettes, the store would not actually loose any money from it. other contracts have similar coverage in them as well, snacks, candy bars, soft drinks, etc.
There are also many products on our shelves that are scan based sales, meaning, the store doesnt pay for them until someone buys it, so in this case, shoplifting would not impact P&L either. We actually have a lot of scan based products at our stores.
Officer #1: Hey, wait before you start reading his Mirandas...he just told me he was intending on 'gifting them to his mother'.
Officer #2: *rolls eyes, sighs loudly, and begins undoing perpetrator's handcuffs* Our apologies, sir. We had no idea you were actually going to give these to your mother. Have a great day, sir, and god bless.
It's criminal that Nike charges $150 for two pair of sneakers.
Quote:
Originally Posted by rstevens62
Thats only $75. per pair...not really that expensive for shoes.
Yes. I don't understand anyone who thinks that price is unusually high in this day and age.
I don't own any athletic shoes, but I usually pay three figures for shoes/boots. For functionality and durability, footwear tends to be something where you get what you pay for. And anyway, if the price is too much... no one has to buy it. No one needs Nikes.
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