Попередження На цьому сайті використовуються файли cookie щоб забезпечити найкращу взаємодію з користувачем. Якщо ви продовжите перегляд, ви погоджуєтеся отримувати cookie OK

Retailers are overstating the impact of theft, report says

today 10/28/2023
Some experts argue that retailers, including Target, are exaggerating the impact of shoplifting. They believe that retailers are using the issue of theft as a distraction from other problems affecting their business, such as weak demand and mismanagement. Retail analysts and researchers point out that the reported increase in theft rates does not align with the actions and statements made by retailers. While theft is indeed impacting retailers more than before the pandemic, it is just one of many challenges they are facing, including the shift to online shopping and over-expansion of physical stores. These analysts also suggest that retailers may be drawing attention away from other issues, such as lower profit margins and poor inventory planning. The overall loss from theft, known as shrink, makes up only a small percentage of retailers' sales and has remained relatively steady over the years. However, some retailers are labeling theft, especially organized retail crime, as a national crisis. They are calling for a stronger response from law enforcement and stricter punishments for offenders. Target's recent store closures have been attributed to theft and organized retail crime, but there are questions about the validity of this rationale based on local crime statistics. The analysts at William Blair suggest that Target and other retailers may be using the narrative of shrink to address other underperforming areas of their business and improve overall margins. Target has not provided specific data regarding their store closures, but they claim that organized retail crime and violent theft incidents have increased in their stores.
Залишайтеся на зв'язку
Підпишіться на нашу розсилку та отримуйте інформацію про вихід нових статей, інформацію про ексклюзивні знижки та інше
Або підпишіться на наш Telegram, щоб завжди бути в курсі наших новин.

Недавнее

12/08/2023

Taylor Swift named Time'€™s '€˜Person of the Year'

Taylor Swift has been named Time magazine's "Person of the Year" for 2023, surpassing Barbie and King Charles III. The magazine praised Swift for her ability to bring hope to people around the world during difficult times. Swift expressed her pride and happiness in receiving this recognition and discussed her relationship with Travis Kelce. Additionally, Swift's "Eras Tour" was a major success, grossing $2.2 billion in North American ticket sales and becoming StubHub's biggest tour in its history. She also broke her own Spotify record by becoming the most-streamed artist in a single day.
12/08/2023

Why the US economy has powered ahead of other rich nations

Not all countries have experienced the same recovery from the effects of the pandemic. The US economy has shown strong growth, outperforming other advanced economies such as the European Union, the United Kingdom, Japan, and Canada. Energy prices, fiscal and monetary policy, and China's economic slowdown have contributed to the diverging paths of these economies. The US has benefited from lower inflation, generous government support, and shifting consumption patterns, allowing consumers to continue spending despite rising prices. However, the US economy is expected to slow down in the final months of the year as pandemic savings decline and borrowing costs remain high. Meanwhile, China's economic recovery has faltered due to weak consumer spending, a slump in real estate, and muted global demand for its goods. Government spending and improving retail sales may provide some boost, but the property downturn and weakening exports will continue to hinder growth.
12/08/2023

What to expect from Friday’s jobs report

Economists are predicting that the jobs report for November will show a net gain of 180,000 jobs. However, employers are becoming more cautious and reducing job postings and hiring. This cautiousness is reflected in the federal jobs reports, which show moderate employment growth compared to the high gains seen earlier in the pandemic recovery. In October, 150,000 jobs were added and the unemployment rate increased to 3.9%. The expected jobs report for November is also anticipated to show employment growth of 180,000 positions and a steady jobless rate of 3.9%. The return of striking autoworkers and actors to the workforce may boost these numbers. The labor market is currently in a wait-and-see state, and the report could provide insights into whether it is returning to a more balanced and steady state or cooling more rapidly than expected. Job cuts remain higher than in the past decade, but layoffs are not increasing significantly. Despite the modest growth, the US labor market is well-positioned for future improvement, but high interest rates are holding it back. Many investments are not reaching their potential until interest rates decrease. Employers expect business activity to pick up in the latter half of 2024, assuming inflation continues to decrease and the Federal Reserve starts cutting rates.
12/07/2023

Russian propagandists exploited celebrity Cameo videos to spread disinformation, Microsoft says

According to cybersecurity researchers at Microsoft, Russian propagandists used the popular platform Cameo to disseminate celebrity videos that were manipulated to support their misinformation campaigns. These videos, featuring American celebrities like Elijah Wood and Mike Tyson, were edited to appear as if they were attacking Ukrainian President Volodymyr Zelensky. The manipulated videos, which included emojis and links, were widely shared on pro-Russian social media channels and amplified by Russian media outlets. The Microsoft researchers observed at least seven of these manipulated videos since late July 2023. The videos were edited to resemble interviews with news outlets or the celebrities' own social media accounts, making it seem like they were part of a plea to Zelensky to seek help for substance abuse. The Russian embassy in the US did not respond to requests for comment, and the celebrities named in the report have not commented either. Cameo stated that such videos would violate their Community Guidelines, and they would take steps to remove the content and suspend the purchaser's account if violations are substantiated.