XPost: alt.business, nyc.politics, talk.politics.guns
XPost: alt.fan.rush-limbaugh, sac.politics

https://nypost.com/2024/06/11/lifestyle/manhattans-only-costco-location- has-a-shoplifting-problem/

It’s a sticky-fingered situation.

Manhattan’s only Costco may have a shoplifting problem, it’s been
revealed, months after rampant theft allegedly drove the Target next door
to close — and even after the company has bragged that their closed-door
policy has helped them to steer around the recent retail crime epidemic.

The lone location of the big box retailer on the island — located inside
the East River Shopping Plaza at E. 117th St. and the FDR Drive — is said
to lose an alarming amount of money due to theft, as people supposedly
walk out of the membership-only warehouse store with some surprising
steals, a recent Reddit thread claimed,

A photo posted to the popular chat site — purported to have been taken in
an employees-only area inside the store — showed a display on a bulletin
board that seems to detail just how much the store has lost from its most stolen items during the previous financial year.

The shrink — a retail industry term used to describe merchandise that is
stolen or lost — apparently amounted to tens of thousands of dollars in
losses.

Top of the loss list for the East Harlem bulk buyer, according to the
photo, was a cordless Dyson vacuum cleaner amounting to -$6,210 for the company. Packs of Gillette men’s razors were the next most costly item — ringing in at -$6,189.

And while fitting them down the front of your shirt would prove to be a challenge for most, multi-packs of Costco’s Kirkland brand premium paper
towels have somehow been walking out the door to the tune of -$5,021.

Batteries and vitamins also seemed to be very popular with the snatch-and-
run set.

AA batteries amounted to -$3,527 and AAA battered totaled -$2,916 on the
board, while Centrum women’s pills came in at -$3,407 and Nature’s Bounty
D3 supplements amounted to -$1,694.

Commenters were baffled by the high rate of theft — noting that the
wholesaler requires people to have membership to enter, and employs people
for the sole purpose of checking receipts on the way out the door.

In perspective, the tens of thousands that the Uptown location reportedly
got taken for represents the tiniest sliver when compared to the national theft-ademic.

Major U.S. retailers collectively lost $112 billion due to shrink in 2022
— more than double an already-climbing $50.6 billion in 2018 — according
to the National Retail Federation (NRF), which counts both employee theft
and shoplifting when crunching the numbers.

Experts say the issue has only worsened since.


--
We live in a time where intelligent people are being silenced so that
stupid people won't be offended.

Durham Report: The FBI has an integrity problem. It has none.

No collusion - Special Counsel Robert Swan Mueller III, March 2019.
Officially made Nancy Pelosi a two-time impeachment loser.

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: fsxNet Usenet Gateway (21:1/5)