Skip to content

Recent Posts

  • Los Angeles and Chicago Suffer the Biggest Population Loss in the U.S.A. in 2022
  • Should American 2023 Taxpayers Pay for Reparations for Slavery in the 1800’s?
  • Joe Biden is Gutting Our Navy as China Continues to Build the Biggest Naval Fleet in History
  • Kentucky Adopts New Law to Nullify Federal Gun Grabbers
  • Moron Host of ‘The View’ Says U.S. Treats Blacks Worse than Actually Enslaved Chinese Uyghurs

Most Used Categories

  • Commentary (404)
  • USA News (377)
  • Politics (348)
  • Culture (122)
  • Economy (69)
  • World News (56)
  • Justice (53)
  • Education (45)
  • Faith (20)
  • Uncategorized (5)
Skip to content
The Conservative Insider

The Conservative Insider

Subscribe
  • Subscribe
  • Home
  • Politics
  • World News
  • Education
  • Economy
  • Home
  • Commentary
  • Woke Target Stores Suddenly Upset that Liberal Prosecutors Costing Them ‘Millions’ Due To Retail Theft

Woke Target Stores Suddenly Upset that Liberal Prosecutors Costing Them ‘Millions’ Due To Retail Theft

iPatriotMarch 2, 2023March 1, 2023
This post originally appeared on iPatriot.com

The woke CFO of Target retail stores is all upset that organized retail theft is costing the corporation millions thanks to the lax policies of liberal prosecutors who have increasingly made retail theft a non-prosecutable offense.

Target CFO Michael Fiddelke recently told Yahoo Finance that “inventory shrinkage” is still killing them. That is the euphemism that the retail industry has coined to mean shoplifting so that they don’t upset liberals by calling it… you know… shoplifting.

“It [inventory shrinkage] was certainly a headwind [last year],” Fiddelke told Yahoo Finance on Tuesday. “We know we’re not alone in seeing elevated levels of shrink and organized retail crime driving some of that theft.”

Fiddelke added that the company’s bottomline will be impacted this year.

Goods stolen from stores, which contributes to inventory shrinkage, led to $94.5 billion in losses in 2021, up from $90.8 billion in 2020, according to a late 2022 study by the National Retail Federation (NRF).

About 32.8% of retailers surveyed called out organized retail crime as becoming “much more” of a concern in the last five years.

The increased amount of theft has caused retailers to take additional measures, such as hiring more security guards and locking up easy-to-shoplift items, notably household essentials such as toothpaste.

“These highly sophisticated criminal rings jeopardize employee and customer safety and disrupt store operations,” Mark Mathews, NRF vice president for research development and industry analysis, wrote in the report. “Retailers are bolstering security efforts to counteract these increasingly dangerous and aggressive criminal activities.”

Target is one of the most woke retailers in the nation and they support all the usual leftist suspects and policies.

So, to tell the truth, they deserve the loss they are earning.

Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston, or Truth Social @WarnerToddHuston

This post originally appeared on iPatriot.com

Post navigation

Previous: New Group Identifies Which Woke Corporations You Should Avoid and Conservative Ones to Support
Next: Biden’s Military Air Authorities Seeking to Remove Tail Numbers on Planes to Hide Movements from Public

Related Posts

Los Angeles and Chicago Suffer the Biggest Population Loss in the U.S.A. in 2022

March 31, 2023March 30, 2023 iPatriot

Should American 2023 Taxpayers Pay for Reparations for Slavery in the 1800’s?

March 31, 2023March 30, 2023 iPatriot

Joe Biden is Gutting Our Navy as China Continues to Build the Biggest Naval Fleet in History

March 31, 2023March 30, 2023 iPatriot

Get a daily newsletter from The Conservative Insider.

Recent Posts

  • Los Angeles and Chicago Suffer the Biggest Population Loss in the U.S.A. in 2022
  • Should American 2023 Taxpayers Pay for Reparations for Slavery in the 1800’s?
  • Joe Biden is Gutting Our Navy as China Continues to Build the Biggest Naval Fleet in History
  • Kentucky Adopts New Law to Nullify Federal Gun Grabbers
  • Moron Host of ‘The View’ Says U.S. Treats Blacks Worse than Actually Enslaved Chinese Uyghurs

Categories

  • Commentary
  • Culture
  • Economy
  • Education
  • Faith
  • Justice
  • Politics
  • Uncategorized
  • USA News
  • World News

Archives

  • March 2023
  • February 2023
  • January 2023
  • December 2022

Information

  • Privacy Policy
  • Contact Us
Copyright 2023 © All Rights Reserved - The Conservative Insider