• PrettyLights@lemmy.world
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    11 months ago

    I don’t think it’s unreasonable to say that prices are at least partially a result of the cost of doing business.

    What’s part of the cost of doing business? Theft. Estimated shrink rates are factored into profit forecasting.

    • Spaceballstheusername@lemmy.world
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      11 months ago

      It’s factored into profits but that doesn’t mean it’s going to change the price. The reason cost is a factor is because competitors can’t charge lower than what it costs for the product. But when you have online as a competitor then things like cost of stolen items have less of an impact because you need to compete with them or other chains who have figured out how to prevent theft at a cheaper cost than you.