This reminds me of the Seinfeld episode where Kramer sends Jerry’s broken video player in the mail to claim the postal service broke it and get money for it.
“It’s a write off Jerry. It costs them nothing. They just write it off!”
Of course that Kramer also didn’t had any idea of what a “write off” was. He was also just throwing words around to justify theft.
All that theft! no more profits. fuck me.
All major businesses have insurance to cover all losses from internal and external theft. Those same lossses are tax right-offs. in other words, the amount of money lost to shoplifting is less money they pay in tax.
I wonder of all the cctv, facial recognition and monitoring costs work out more than the actual shoplifted losses.
there is more to meet the eye than a lowly shoplifter here.