Red State: "NY Times: Don’t Worry About the $112.1B in Shoplifting, It’s a Right-Wing Narrative." -"Once considered the foremost news organization in the country and possibly the world, it has descended into a woke blog whose stories more often seem to emanate from a fledgling college student rather than from actual expert reporters. "
10 comments:
Anonymous
said...
On the one hand:
There is no clear national rise in shoplifting, according to a new analysis by the Council on Criminal Justice, a nonpartisan criminal justice policy organization.
The number of incidents was 7% lower in 2022.
Nor is there much evidence that organized retail crime is having a significantly greater impact on retailers than in years past. External theft accounted for 36 percent of all theft last year, according to the survey, a slight decline from 2021.
Some industry analysts are skeptical of retailers’ assertions that shrink is taking an outsize toll on profitability at a time when consumers already were pulling back on discretionary spending and trading down for cheaper alternatives to offset inflation.
“As shrink includes many things including internal theft and items a retailer has lost, it is difficult to understand the true scale and impact of crime,” said Neil Saunders, managing director of the analytics company GlobalData Retail. “This gives rise to a view that some retailers are hiding poor performance behind the excuse of crime.”
Last year, Walgreens executives walked back claims made in 2021 that organized retail crime was the reason for closing five stores in San Francisco. James Kehoe, the company’s chief financial officer, told investors that “maybe we cried too much.”
Organized retail crime (groups rushing and looting stores) is just one component of retailers’ inventory losses. It’s not the largest, and is a lower percentage of overall shrink than it was five years ago, according to the NRF surveys.
The NRF estimates that organized retail crime costs companies an average of just 7 cents for every $100 in sales.
On the other hand:
The NYT is a joke. It has descended into a woke blog. Fledgling college students could write this junk.
Yeah, looking at a comparison between 2021 and 2022 is going to tell us a lot since both years are part of the Biden era's slide into barbarism.
Yeah, looks like 0.2% is exactly the same increase as the 2018-019 Trump era's "slide into barbarism."
Or conversely, in 2020-2021, we saw President Joe Biden singlehandedly reverse the lawless retail nosedive caused under Donald Trump.
Or perhaps the likeliest possibility of all: 0.2% shifts aren't a national crisis. And you appear to be a Trump-fellating dunce who hunts for any number you think will polish your turd of a premise, just to gratify your own political bias.
Some of these are your own numbers. I filled in some middle numbers just to make you cry:
2018 — $46.1 billion of retail shrink 2019— $61.7 billion ($15.6 billion increase under Trump) 2020— $90.8 billion ($29.1 billion increase under Trump) 2021– $94.5 billion ($3.7 billion increase under Biden)
2022 - $112.1 billion (a near $18 billion increase year over year)
2020 stands out from the impact from the George Floyd / BLM riots and their aftermath. I would have thought that the shrinkage numbers for 2021 might have seen a dip, but that was not the case (although the rise was smaller for that year). This past year for 2022, the numbers took another healthy jump.
There is reasonable chance that once the 2023 numbers come in that the total shrinkage over the last 5 years will have tripled from 2018.
I would also be curious to see a good breakdown of how those numbers have increased across geographic regions. From news stories, some areas seem to be much more impacted than others, but I would like to see data.
Response to the first comment...Don't you think that if you're going to outsource your writing to the Washington Post, you ought to give them credit and a link?
You're the one who chose 2018 to 2021 to depict the make-believe lawless folly of Joe Biden. When you cherrypick the wrong numbers, they can taste sour.
Maybe that's why you're dead quiet about the monotonous annual sameness of the shrink rate percentages. They wildly hurtled to and fro within a narrow 0.3% margin no matter who lived in the White House.
Both in times of hyperbolic news coverage and during times of minimal news coverage, the theft rate needle has barely moved.
Naturally you're free to root for shoplifting to go up, up, up. You may need a big second half comeback, though, because Forbes has reported that the rate went down in the first half of 2023.
The Forbes article states that "there have been no geographic patterns to whether a city's rate was up or down post-pandemic." It shows that the theft data is an inconsistent mixed bag of increases and decreases, while the big picture doesn't change much. Anyone laboring to politicize the stats into a crisis narrative is selling something bogus.
Your attempted assertion that history shows some presidents to be weak on shoplifting while other presidents are strong anti-shoplifting commanders is ludicrous.
Since you apparently feel no impulse to give credit to The Washington Post for writing your first comment, I suppose it falls to me to acknowledge their hard work on your behalf.
Commenter:Nor is there much evidence that organized retail crime is having a significantly greater impact on retailers than in years past. External theft accounted for 36 percent of all theft last year, according to the survey, a slight decline from 2021.
Some industry analysts are skeptical of retailers’ assertions that shrink is taking an outsize toll on profitability at a time when consumers already were pulling back on discretionary spending and trading down for cheaper alternatives to offset inflation.
“As shrink includes many things including internal theft and items a retailer has lost, it is difficult to understand the true scale and impact of crime,” said Neil Saunders, managing director of the analytics company GlobalData Retail. “This gives rise to a view that some retailers are hiding poor performance behind the excuse of crime.”
Last year, Walgreens executives walked back claims made in 2021 that organized retail crime was the reason for closing five stores in San Francisco. James Kehoe, the company’s chief financial officer, told investors that “maybe we cried too much.”
WaPo:Nor is there much evidence that organized retail crime is having a significantly greater impact on retailers than in years past. External theft accounted for 36 percent, on average, of all theft last year, according to the survey, a slight decline from 2021.
Some industry analysts are skeptical of retailers’ assertions that shrink is taking an outsize toll on profitability at a time when consumers already were pulling back on discretionary spending and trading down for cheaper alternatives to offset inflation.
“As shrink includes many things including internal theft and items a retailer has lost, it is difficult to understand the true scale and impact of crime,” said Neil Saunders, managing director of the analytics company GlobalData Retail. “This gives rise to a view that some retailers are hiding poor performance behind the excuse of crime.”
Early this year, Walgreens executives walked back claims made in 2021 that organized retail crime was the reason for closing five stores in San Francisco. James Kehoe, the company’s chief financial officer, told investors that “maybe we cried too much last year.”
Some might say that copying and pasting others' writing as one's own is lazy and shady. But I say that there is considerable skill in knowing exactly what words to copy and paste. And the ability to wield that skill may well justify the plagiarism.
And oh, look! I have subsequently discovered that you had a second partner in coming up with just the right words to use in your comment - CNN!
Commenter:Organized retail crime (groups rushing and looting stores) is just one component of retailers’ inventory losses. It’s not the largest, and is a lower percentage of overall shrink than it was five years ago, according to the NRF surveys.
The NRF estimates that organized retail crime costs companies an average of just 7 cents for every $100 in sales.
CNN:Organized retail crime is just one component of retailers’ inventory losses. It’s not the largest and is a lower percentage of overall shrink than it was five years ago, according to the NRF surveys.
The NRF estimates that organized retail crime costs companies an average of just 7 cents for every $100 in sales.
I have to happily note that you inserted your own helpful and original text in parentheses within the text you shoplifted from CNN. I regard that as a promising first step in eventually being able to write your own original comments.
10 comments:
On the one hand:
There is no clear national rise in shoplifting, according to a new analysis by the Council on Criminal Justice, a nonpartisan criminal justice policy organization.
The number of incidents was 7% lower in 2022.
Nor is there much evidence that organized retail crime is having a significantly greater impact on retailers than in years past. External theft accounted for 36 percent of all theft last year, according to the survey, a slight decline from 2021.
Some industry analysts are skeptical of retailers’ assertions that shrink is taking an outsize toll on profitability at a time when consumers already were pulling back on discretionary spending and trading down for cheaper alternatives to offset inflation.
“As shrink includes many things including internal theft and items a retailer has lost, it is difficult to understand the true scale and impact of crime,” said Neil Saunders, managing director of the analytics company GlobalData Retail. “This gives rise to a view that some retailers are hiding poor performance behind the excuse of crime.”
Last year, Walgreens executives walked back claims made in 2021 that organized retail crime was the reason for closing five stores in San Francisco. James Kehoe, the company’s chief financial officer, told investors that “maybe we cried too much.”
Organized retail crime (groups rushing and looting stores) is just one component of retailers’ inventory losses. It’s not the largest, and is a lower percentage of overall shrink than it was five years ago, according to the NRF surveys.
The NRF estimates that organized retail crime costs companies an average of just 7 cents for every $100 in sales.
On the other hand:
The NYT is a joke. It has descended into a woke blog. Fledgling college students could write this junk.
Which side to believe, which side to believe?
Yeah, looking at a comparison between 2021 and 2022 is going to tell us a lot since both years are part of the Biden era's slide into barbarism.
The National Retail Federation reports that retail shrink was $46.1 billion in 2018, and rose to $94.5 billion in 2021.
This represents a 100% increase in 3 years.
Here is the National Retail Federation's annual data on reported shrink rate losses.
(The NRF changed its statistical methodology in 2015, making direct comparisons to previous years more difficut.)
Please point to the number where America's shoplifting explosion crisis begins.
NRF shrink rate by year:
2014-- 1.3%
2015-- 1.4%
2016-- 1.4%
2017-- 1.3%
2018-- 1.4%
2019-- 1.6%
2020-- 1.6%
2021-- 1.4%
2022-- 1.6%
Yeah, looking at a comparison between 2021 and 2022 is going to tell us a lot since both years are part of the Biden era's slide into barbarism.
Yeah, looks like 0.2% is exactly the same increase as the 2018-019 Trump era's "slide into barbarism."
Or conversely, in 2020-2021, we saw President Joe Biden singlehandedly reverse the lawless retail nosedive caused under Donald Trump.
Or perhaps the likeliest possibility of all:
0.2% shifts aren't a national crisis.
And you appear to be a Trump-fellating dunce who hunts for any number you think will polish your turd of a premise, just to gratify your own political bias.
Some of these are your own numbers. I filled in some middle numbers just to make you cry:
2018 — $46.1 billion of retail shrink
2019— $61.7 billion ($15.6 billion increase under Trump)
2020— $90.8 billion ($29.1 billion increase under Trump)
2021– $94.5 billion ($3.7 billion increase under Biden)
And now, continuing under Biden:
2022 - $112.1 billion (a near $18 billion increase year over year)
2020 stands out from the impact from the George Floyd / BLM riots and their aftermath. I would have thought that the shrinkage numbers for 2021 might have seen a dip, but that was not the case (although the rise was smaller for that year). This past year for 2022, the numbers took another healthy jump.
There is reasonable chance that once the 2023 numbers come in that the total shrinkage over the last 5 years will have tripled from 2018.
I would also be curious to see a good breakdown of how those numbers have increased across geographic regions. From news stories, some areas seem to be much more impacted than others, but I would like to see data.
Response to the first comment...Don't you think that if you're going to outsource your writing to the Washington Post, you ought to give them credit and a link?
And now, continuing under Biden:
You're the one who chose 2018 to 2021 to depict the make-believe lawless folly of Joe Biden. When you cherrypick the wrong numbers, they can taste sour.
Maybe that's why you're dead quiet about the monotonous annual sameness of the shrink rate percentages. They wildly hurtled to and fro within a narrow 0.3% margin no matter who lived in the White House.
Both in times of hyperbolic news coverage and during times of minimal news coverage, the theft rate needle has barely moved.
Naturally you're free to root for shoplifting to go up, up, up. You may need a big second half comeback, though, because Forbes has reported that the rate went down in the first half of 2023.
https://www.forbes.com/sites/katharinabuchholz/2023/11/10/us-shoplifting-rate-down-as-some-cities-see-spikes-infographic/
The Forbes article states that "there have been no geographic patterns to whether a city's rate was up or down post-pandemic." It shows that the theft data is an inconsistent mixed bag of increases and decreases, while the big picture doesn't change much. Anyone laboring to politicize the stats into a crisis narrative is selling something bogus.
Your attempted assertion that history shows some presidents to be weak on shoplifting while other presidents are strong anti-shoplifting commanders is ludicrous.
Since you apparently feel no impulse to give credit to The Washington Post for writing your first comment, I suppose it falls to me to acknowledge their hard work on your behalf.
Commenter: Nor is there much evidence that organized retail crime is having a significantly greater impact on retailers than in years past. External theft accounted for 36 percent of all theft last year, according to the survey, a slight decline from 2021.
Some industry analysts are skeptical of retailers’ assertions that shrink is taking an outsize toll on profitability at a time when consumers already were pulling back on discretionary spending and trading down for cheaper alternatives to offset inflation.
“As shrink includes many things including internal theft and items a retailer has lost, it is difficult to understand the true scale and impact of crime,” said Neil Saunders, managing director of the analytics company GlobalData Retail. “This gives rise to a view that some retailers are hiding poor performance behind the excuse of crime.”
Last year, Walgreens executives walked back claims made in 2021 that organized retail crime was the reason for closing five stores in San Francisco. James Kehoe, the company’s chief financial officer, told investors that “maybe we cried too much.”
WaPo: Nor is there much evidence that organized retail crime is having a significantly greater impact on retailers than in years past. External theft accounted for 36 percent, on average, of all theft last year, according to the survey, a slight decline from 2021.
Some industry analysts are skeptical of retailers’ assertions that shrink is taking an outsize toll on profitability at a time when consumers already were pulling back on discretionary spending and trading down for cheaper alternatives to offset inflation.
“As shrink includes many things including internal theft and items a retailer has lost, it is difficult to understand the true scale and impact of crime,” said Neil Saunders, managing director of the analytics company GlobalData Retail. “This gives rise to a view that some retailers are hiding poor performance behind the excuse of crime.”
Early this year, Walgreens executives walked back claims made in 2021 that organized retail crime was the reason for closing five stores in San Francisco. James Kehoe, the company’s chief financial officer, told investors that “maybe we cried too much last year.”
Some might say that copying and pasting others' writing as one's own is lazy and shady. But I say that there is considerable skill in knowing exactly what words to copy and paste. And the ability to wield that skill may well justify the plagiarism.
And oh, look! I have subsequently discovered that you had a second partner in coming up with just the right words to use in your comment - CNN!
Commenter: Organized retail crime (groups rushing and looting stores) is just one component of retailers’ inventory losses. It’s not the largest, and is a lower percentage of overall shrink than it was five years ago, according to the NRF surveys.
The NRF estimates that organized retail crime costs companies an average of just 7 cents for every $100 in sales.
CNN: Organized retail crime is just one component of retailers’ inventory losses. It’s not the largest and is a lower percentage of overall shrink than it was five years ago, according to the NRF surveys.
The NRF estimates that organized retail crime costs companies an average of just 7 cents for every $100 in sales.
I have to happily note that you inserted your own helpful and original text in parentheses within the text you shoplifted from CNN. I regard that as a promising first step in eventually being able to write your own original comments.
That's how you avoid acknowledging the numerical beatdown you've taken, huh?
It is rather irrefutable.
No, that's how I expose a plagiarizing fraud.
Are you compelled to do it? Is it a mental illness like kleptomania?
Ironically, my original comments are what drove you to stew for 3 hours before coming back with this impotent deflection.
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