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this post was submitted on 22 Nov 2024
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Asklemmy
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Stealing from walmart also isn't sustainable if many people are doing it. For example there were a ton of walmarts and other stores in the Chicago area that recently closed due to high theft at those locations. Now whole communities there are left without convenient shopping options, which can be a big problem for people with limited transportation options.
That Walmart CLAIMED were closed for high theft.
You can look up videos of some of the stores that were closed, they were basically being straight up looted.
I remember seeing the videos, and thinking to myself how I didn't understand how they could afford to stay in business like that. So when they announced they were closing those stores for theft, I didn't really think the given reason was ever in doubt.
"“The decision to close a store is never easy,” company officials said in a statement. “The simplest explanation is that collectively our Chicago stores have not been profitable since we opened the first one nearly 17 years ago.”
The stores lose tens of millions of dollars a year, according to the company, a figure that nearly doubled in the last five years despite numerous strategies to boost performance, including building smaller stores, offering local products and building a Walmart Academy training center."
https://news.wttw.com/2023/04/12/walmart-closing-4-chicago-stores-company-says-losses-have-doubled-last-5-years
Doesn't sound like theft was ever the problem here according to them?
Good point. If there aren't other local stores remaining to fill the gaps, then that would be a critical problem.
Walmart, Kroger, etc.'s entire business model is to undercut other local stores to drive them out and become local monopolies. If they exist in a location there likely aren't many, if any, local stores remaining...
Stealing isn't right.
The Walmart near me closed due to high theft. There were actually people stealing from the construction site when the store was being built, so it really was a ticking clock as to how long the store itself would even last.
Some people are just awful.
I conditionally disagree. In fact, there are many real situations where stealing is the right option. There are valid reasons why folk lore glorifies figures like Robin Hood. And when it comes to international conglomerates like Walmart, which hoard astronomical wealth while others who can't afford bread starve nearby, theft of the hoard is justice in its most appropriate form (if one values human survival more than legal property rights).
Even stealing from Walmart isn't right.
Why not?
I'm curious that you said if people were really smart, they would stop giving money to Amazon, Wal-Mart, Microsoft, Google, etc., and then suggest that taking their stock without giving them money is bad. This seems contradictory to me. If stealing wouldn't hurt the company, then why would not giving money be a smart thing? If not giving them money is good, stealing would just increase those loses further and also be smart.
Personally, I think hurting dominant anti-social corporations like Walmart is a smart thing for society to do, but that's besides the point. There are plenty of far more accepted reasons to steal, such as preventing starvation (like stealing basic food from supermarkets). I assert that stealing essentials is more socially beneficial than allowing oneself and dependents to starve or die, and it's far more ethical to steal from multi-billion dollar income megacorporations than other households or smaller businesses (the alternatives). I would go as far as to say they are socially obliged to steal, because they are more useful to society alive than dead and the cost to achieve that is trivial to the theft victim.
Honestly, if we're talking about companies like Walmart, then I say good that the store is closed, those workers are now forced to enter (or even recreate!) jobs which benefit society rather than destroy other local businesses. This is clearly unfortunate to those who are temporarily unemployed as a result, that's real pain and it's valid, and it's unfortunate, but the store closure is still an overall positive.
Losing sales isn't profitable. Closing a store certainly isn't profitable. If theft didn't hurt the corporation, they wouldn't spend significant money stopping it.
Furthermore, for a publicly traded company, reputation damage is real financial damage. Reporting high theft and closing stores has a real reputational impact to investors.