Organized retail crime hits Target's bottom line...

[Slater]

Them shoplifters be workin' overtime, apparently:

"Target stores are getting looted, and it's taking a huge bite out of profits.

The discount retailer told reporters on a call to discuss its third quarter earnings results that inventory shrinkage — or the disappearance of merchandise — has reduced its gross profit margin by $400 million so far in 2022 compared to 2021.

"At Target, year-to-date, incremental shortage has already reduced our gross margin by more than $400 million vs. last year," Target CFO Michael Fiddelke said on the earnings call, "and we expect it will reduce our gross margin by more than $600 million for the full year."

https://www.yahoo.com/finance/news/t...113006396.html

[Pappabear]

It’s tranny’s hitting the head with merchandise. Their bathrooms are a free for all.

PB

[One More Time]

It’s tranny’s hitting the head with merchandise. Their bathrooms are a free for all.

PB

They just walk out the door with a bunch of stuff around here, don't bother hiding it.

[Todd.K]

I hope they loose a billion next year.

[Straight Shooter]

I LOVE IT. I hope they all lose their asses. When they get tired of it..itll stop.

[FromMyColdDeadHand]

I watched 3-4 guys with bandana ‘masks’ checking out in the Self check out lanes, buying multiple gift cards with credit cards… I wanted to offer them $100 if their IDs matched the name on the credit card….

[markm]

I'm so dumb, I still pay for my items.

[kerplode]

Lol! Me too. I'm such a schlub.

Dunno...Maybe it's time to realign my value system to be more consistent with the norm in New Amerika.

[titsonritz]

They obviously didn't give enough to BLM, that'll teach 'em.

[Pappabear]

These stupid companies and states have lost their minds and now their asses. I too hope they lose a billion. My wife and daughter just love Target, but we don’t have crazies in our stores so much. I still hate to give them money.

PB