this post was submitted on 15 Jan 2024
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Over here stores are increasing their prices because people steal at the self-checkout. So they reduce costs by not having cashiers but then increase prices due to theft. Quite some logic.
You'd assume it's an easy balance to make: if (saving on cashiers - loss due to theft) > 0 implement self-checkout else don't implement.
Yes, but: They can shift the cost of theft onto consumers this way, without having to make their line item budget for payroll any bigger. The retailers don't give a fuck as long as they're not the ones paying.
Over here they increase their costs because we have no choice but to pay it.
and frankly the amount they lose is nothing to the amount they steal.
Insurance is more likely to pay for shrink than paychecks.