Are brick n mortar stores using theft as a lazy excuse for poor numbers as it allows an easy scapegoat, or are the margins that thin where this is a legitimate concern for all store retailers?
“While we posted another double-digit [earnings before taxes] margin, our Q2 profitability was short of our expectations due in large part to the impact of elevated inventory shrink, an increasingly serious issue impacting many retailers,” she added, using the industry term for theft.“
TGT has stated an “unacceptable” amount of theft, which all theft is, but they didn’t clarify exactly how much, leading to the question- how do you that price in as an investor, and does the ability to mitigate theft become an investing metric you factor in, or do you just look at the bottom line, regardless of how the company got there?
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