RacingradarJul 17, 2023

Hard times

https://lemm.ee/post/1376599

Hard times - lemm.ee

Show threadbob_wileyJul 17, 2023
It makes you wonder when it will be cheaper to hire back cashiers to avoid so much loss to theft.
Show threadempireOfLoveJul 17, 2023
Oh no, they’d rather just raise prices to cover the shrinkage.
Show threadJDPoZJul 17, 2023
...Or just raise prices because they want to increase margins and lie and say its because a massive increase in theft or inflation or whatever they want to say and then laugh about it on a public earnings call that you can raise prices however you want because consumers still have to buy certain goods no matter what.
Big companies keep bragging to investors about price hikes

"What we are very good at is pricing," Colgate Palmolive's CEO said last week as several companies touted their ability to pass costs to consumers.

Insider
Show threadIverCoder
Not an American, isn’t there a limit on how you can raise prices? At least in my country we have "SRP"s (suggested retail price) and whoever exceeds that will need a good reason to do so, and simply citing theft will not be an enough reason.
Jul 18, 2023 at 5:23amWeb
Show threadWilziacJul 18, 2023
We have the MSRP (Manufacturer Suggested Retail Price), but that’s not given for every product, but more importantly it’s exactly what it sounds like; a suggestion. There’s no governing body to make sure stores are in line with MSRP.