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   alt.business      Business related discussions (no ads)      27,547 messages   

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   Message 26,473 of 27,547   
   Leroy N. Soetoro to All   
   Ex-CEO sounds alarm about retail theft:    
   01 Jan 23 23:42:33   
   
   XPost: talk.politics.guns, alt.politics.socialism.democratic, ta   
   k.politics.guns   
   XPost: alt.fan.rush-limbaugh, sac.politics, alt.atheism   
   From: democrat-criminals@mail.house.gov   
      
   https://nypost.com/2022/12/08/ex-ceo-bob-nardelli-warns-organized-retail-   
   theft-an-epidemic/   
      
   As big-name retailers like Walmart and Home Depot warn of rising retail   
   thefts this holiday season, two experts are predicting the surge “only   
   escalates from here” into an “epidemic.”   
      
   “Today, this thing is an epidemic. It’s spreading faster than COVID,”   
   former chairman and CEO of Chrysler and Home Depot CEO Bob Nardelli said   
   on “Fox & Friends” Thursday. “The degree of severity now, it’s not just   
   theft, it’s smash and grab. There’s an entitlement out there that if you   
   have it, you’ve worked hard to earn it. ‘I want it. I’m just going to take   
   it.'”   
      
   “It’s not so much the numbers, although the numbers are alarming, it’s the   
   manner in which this is going on and the implications for each community   
   and each store that this happens in,” business analyst and 7 Stage   
   Advisors president Carl Gould had noted on “Cavuto: Coast to Coast”   
   Wednesday.   
      
   “That’s where the major problem is, because this type of crime emboldens   
   other types of crime, and it only escalates from here.”   
      
   During an appearance on CNBC Tuesday, Walmart CEO Doug McMillon said theft   
   is “higher than what it has historically been.” He explained Walmart has   
   safety and security measures “that we’ve put in place by store location”   
   to help combat the issue.   
      
   “I think local law enforcement being staffed, and being a good partner is   
   part of that equation, and that’s normally how we approach it,” McMillon   
   added.   
      
   Walmart joins the growing list of retailers feeling the effects of raging   
   theft and crime across the nation ahead of the holiday shopping season.   
   Drugstore companies like Rite Aid, CVS and Walgreens have publicly cited   
   shoplifting concerns, as well as retailers such as Kroger, Target and Best   
   Buy.   
      
   The Home Depot also recently expressed it was “outraged” when an elderly   
   worker died after being shoved during a store theft in North Carolina this   
   fall.   
      
   While Nardelli called the tragedy “very, very unfortunate” and “sad,” he   
   put the onus on the Biden administration to get ahold on rising crime.   
      
   “Now it has elevated to the point where you’ve got Doug McMillon talking   
   about impacting earnings. And this is another silent contributor to   
   inflation,” Nardelli said. “Our associates are afraid. The retail   
   salespeople are afraid. Consumers are afraid. We’ve got to get control of   
   this. And if the administration doesn’t get control of this, they’re   
   abdicating it to the businesses, both public and private.”   
      
   In mid-September, the National Retail Federation found total losses from   
   shrink, a term retailers use for theft and other types of inventory loss,   
   increased to $94.5 billion in 2021. Organized retail crime incidents   
   soared 26.5% on average in the same year, according to the 2022 National   
   Retail Security Survey.   
      
   Gould pointed out that “most” of big retailers’ shrinkage can be   
   attributed to an “inside job from the employees,” but outside theft driven   
   by “opportunity” is forcing stores to showcase a high security presence.   
      
   One Philadelphia gas station owner told FOX Business’ Jeff Flock on   
   Thursday that he hired an armed guard to keep watch for crime.   
      
   “We are tired from all this nonsense: robbery, drug trafficking,   
   [racketeering], all kinds of [crime],” Neil Patel said. “I am fearful for   
   my safety, my employee, as well as my nice neighborhood. All customer[s].”   
      
   “It’s unbelievable what’s happening and what we’re allowing to happen,”   
   Nardelli reacted. “Again, unfortunately, the abdication is put in the   
   hands of corporations like Walmart, Target and the gas stations, for   
   example, that have to take control and protect their property and their   
   employees.”   
      
   Last year, White House press secretary Jen Psaki said the root cause of   
   the spike in organized retail crime was the COVID-19 pandemic, saying the   
   Biden administration was working with a number of communities across the   
   nation to “crack down” on crime in those neighborhoods.   
      
   But neither Nardelli nor Gould argued that the crime crisis has improved   
   since then.   
      
   “It used to be somebody would take a candy bar, there maybe was damage as   
   a result of shipment, there was misplaced inventory,” Nardelli detailed.   
   “But now, it’s just blatant robbery. It’s just blatant robbery. It isn’t   
   the small incidents that take place.”   
      
   Fox Business’ Aislinn Murphy and Daniella Genovese contributed to this   
   report.   
      
   Comments:   
      
   Sherwood4ust   
   8 December, 2022   
      
   Actions without consequences breed more of the same actions. Like cancer   
   if you don’t start treating it it will continue to grow?   
      
   AlanF   
   8 December, 2022   
      
   And America just voted for more cancer 3 weeks ago.   
      
   Looch   
   8 December, 2022   
      
   I predict a lot of retailers, big and small will shut down altogether.   
   Consumers  will be left with very few choices, sourtesy of the Democrat's   
   soft on crime policy, it's emboldened criminals to walk in and walk out   
   with bags full of free merchandise. This epidemic of entitlement and ill-   
   gotten gains has to come to an end or we'll all continue to suffer the   
   consequences.   
      
   Dennis Lee   
   8 December, 2022   
      
   Criminals who watched Democrats riots and looting across US for over a   
   year, saw how much they can get away with, destroying and stealing over $2   
   billion in property.   
      
   Without much of a consequence.   
      
      
   --   
   "LOCKDOWN", left-wing COVID fearmongering.  95% of COVID infections   
   recover with no after effects.   
      
   No collusion - Special Counsel Robert Swan Mueller III, March 2019.   
   Officially made Nancy Pelosi a two-time impeachment loser.   
      
   Donald J. Trump, cheated out of a second term by fraudulent "mail-in"   
   ballots.  Report voter fraud: sf.nancy@mail.house.gov   
      
   Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden   
   fiasco, President Trump.   
      
   Under Barack Obama's leadership, the United States of America became the   
   The World According To Garp.  Obama sold out heterosexuals for Hollywood   
   queer liberal democrat donors.   
      
   President Trump boosted the economy, reduced illegal invasions, appointed   
   dozens of judges and three SCOTUS justices.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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