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Businesses Closing Stores in High Crime Cities


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And this just got dropped in my email as I was posting,

National Retail Federation: National Retail Security Survey 2022

NRF’s Retail Security Survey is an annual survey of retail loss prevention professionals that covers national retail security issues such as inventory shrink, employee integrity and organized retail crime. The report serves the retail and solution provider communities and our law enforcement partners, and helps informs policymakers and the media.

This year’s report found that retail shrink is an almost $100 billion problem. The study examines the key drivers of shrink as well as shifts in LP technology and other priorities.

The 2022 Retail Security Survey was conducted in partnership with the Loss Prevention Research Council and is sponsored by Appriss Retail.

https://nrf.com/research/national-retail-security-survey-2022

Retail crime hurts small retailers
Small retailers highlight need for action to address rising retail crime

Retail crime is on the rise. While high-profile incidents of smash-and-grab robberies are headline news across the country, small retailers are also feeling the effects of this dangerous trend. “Retail crime impacts all stores, both big and small,” says Tiffany Williams, owner of the Luggage Shop of Lubbock in Texas. “Whether the bad guys are hitting big stores or small, it hurts store owners and consumers alike.”

Small retailers are increasing security measures because of the increase in crime. “I close at 5 o’clock. I don’t want to be here in the dark. I’m scared to walk to my car,” says Tara Riceberg, owner of Tesoro with two locations in Los Angeles and Beverly Hills, Calif. She has seen an increase in crime in her neighborhood including armed robberies, carjackings, and smash-and-grab heists at high-end stores down the street from her small business. She’s concerned about her safety and wonders if she’s going to be the next victim of crime.

Riceberg also keeps the door to her Los Angeles location always locked for her safety and must unlock the door every time a customer stops by. The rise in crime has led Riceberg to make the difficult decision to close her Los Angeles location when the lease expires after 12 years in business. “I’m gutted to leave my neighborhood,” she says. “This has been my home, this is my community.”

Increased brazen theft and violence

Violence and aggression associated with retail crime is also on the rise. According to the 2022 National Retail Security Survey, eight in 10 retailers report increased incidents of violence and aggression in the past year. “We have seen a steady increase in crime,” says Kathleen Fuery, owner of Merle Norman Cosmetics in Minneapolis.

https://nrf.com/blog/retail-crime-hurts-small-retailers

www.youtube.com/search_query=exec+says+retail+theft+has+hurt+company

www.youtube.com/search_query=businesses+closing+crime

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fear fear fear , its all ya got

be afraid be very afraid 

the main difference between progressives  and conservative regressive 

progressive say "There is nothing to fear but fear its self", "ask not what your country can do for you but what you can do for your country "
 where as  from your posts  we get 
Mexicans ,Blacks and homeless Oh My 
the promotion of fear  and demonizing of minorities is not the American way, 
Its the way of right wing dictatorships and tyrants , Its the way of evil like Hitler, Stalin, Kim Jun, Mussolini, and Cheetolini 

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57 minutes ago, DonF said:

fear fear fear , its all ya got

be afraid be very afraid 

the main difference between progressives  and conservative regressive 

progressive say "There is nothing to fear but fear its self", "ask not what your country can do for you but what you can do for your country "
 where as  from your posts  we get 
Mexicans ,Blacks and homeless Oh My 

Your denial and misrepresentation does not alter facts...

It's not fear that's being presented - it's reality. 

Again the only person who brings up the topic of ethnicity or skin color in this thread has been yourself... predictably you've been trying to race bait this discussion repeatedly. I mention crime, looting and drug use and you immediately begin referencing blacks, Mexicans, Muslims, whatever. You've consistently tried to make this discussion about race... and as usual failing miserably because no such path or reference exists, except for the ones you've made.

As for the homeless problem, deny it if you will but it is a problem and when it comes to the homeless population encroaching on the safety and health of the general public, it goes beyond being a problem to being a crime and crimes should be addressed or they will become worse...

How they're addressed is and always has been the hallmark of how a society is tested and assessed.

One group may insist the homeless be allowed to be homeless, live their lives as they choose and not be imposed on while another group wants to determine why the homeless are homeless and take measures to mitigate homelessness, not merely accommodate homelessness and that's not accomplished by allowing the continued open public sale, and use of illegal drugs, allowing the mentally ill to roam the streets without medication, treatment or support, or turning a blind eye to criminal behavior by the homeless trying to use being homeless as some kind of excuse for continuing to ignore behavior that endangers the public's health or safety.

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  • 3 months later...
  • 2 months later...

Who is threatening violence ??
Oh yeah conservatives 
Target is removing LGBT products from shelves in some stores because conservatives are threaten to harm employees 
conservatives new chant is fear the rainbow it seams , what arent conservative frightened by 

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woke 1.jpg

Yeah sure, why not... what could go wrong?

April 13, 2023

Bud Light's parent company has lost more than $6billion in market capitalization since announcing its partnership with a polarizing transgender internet personality

May 24, 2023:

Bud Light Controversy Spreads to Target, Sending the Stock Lower

Target TGT –3.03%  stock was falling Wednesday after the retailer said it was removing certain products and making other changes to its LGBTQ merchandise after facing pushback from customers.

Feb 11 2021: 

More businesses flee Seattle because of crime and violence. At least 160 businesses have left the city since last March.

May 21, 2023:

Retailers, Reeling From Organized Theft and Violence, Fight Back

Store Closings, Metal Detectors and Chained-Down Laundry Detergent Become More Common

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6 hours ago, DonF said:

and you fail to mention that bud light has rebounded  and Ford is the magas new target 
Woke simply means educated  rather than being  a bigoted homophobic racist prick 

Yeah I failed to mention Bud Light's parent company's stocks have rebounded because it isn't true... so it would be a false statement.

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As for the rest of the statement - it's as factually deficit as the first part.

 

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SFGATE: Gap's Old Navy store in downtown San Francisco set to close

May 26, 2023

The longtime Old Navy store at 801 Market St. in downtown San Francisco will close this summer, a Gap Inc. spokesperson wrote in a statement on Friday. 

It’s the latest San Francisco retailer to announce its departure, joining a list of businesses that includes Nordstrom and Nordstrom Rack, Saks Off 5th, Anthropologie, Coco Republic and grocery chain Whole Foods.

Last month, Gap’s Banana Republic at the nearby Westfield mall also closed, though a spokesperson said that the closure was part of a 2020 companywide plan and is unrelated to issues raised by some local San Francisco businesses about lack of foot traffic and unsafe conditions in the downtown area.

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The 9 analysts offering 12-month price forecasts for Anheuser-Busch Inbev SA have a median target of 67.00, with a high estimate of 80.00 and a low estimate of 64.00. The median estimate represents a +17.24% increase from the last price of 57.15.
so only the sleeping sheeple believe  a short term loss will make a difference 
 I point to Nike which the right claimed they would destroy with boycots  among others 
fords your next target maybe ya can get kid rock to have some one shoot one for him like he did with the bud light case 
Now a number of construction projects in florida have been shut down  and I suppose we wo;; see what impact the latina boycotts  have 

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19 hours ago, DonF said:

The 9 analysts offering 12-month price forecasts for Anheuser-Busch Inbev SA

Right...

You can (as usual) just say whatever you want without any kind of reference or documentation to back it up, but like your erroneous claim about AnBev stock "rebounding" and your misleading attempt to point to market "forecasts" as actual proof of the beverage stock's improvement, the simple fact is you cannot support most of what you say with reference to actual fact only, attempted misdirection and outright false information.

According to your own post, you're "9 analysts"  are talking about "forecasts" ie: it hasn't happened yet... It may happen - or it may not - but somehow I kind of doubt AB/AnBev is going to see a $15billion plus profit to make up for their losses anytime soon.

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What is a known and undeniable fact is Anheuser-Busch Inbev has already lost billions of dollars because of the "Mulvaney backlash" and even NBC recognizes the blowback isn't just from Republicans, conservatives, or what  you refer to as "bigoted homophobic racist prick{s}, which seems to indicate your usual brand diatribe is just more false and misleading iinformation.

NBC:

May 23, 2023

'Nobody imagined it would go on this long': Bud Light sales continue to plummet over Mulvaney backlash

The controversy, now nearing its third month, has turned off a broader customer group than just those who characterize themselves as conservatives.

According to data cited by the beverage industry trade publication Beer Business Daily, sales volumes of Bud Light for the week ending May 13 sank 28.4%, extending a downward trend from the 27.7% decline seen the week before.

Data from *NielsenIQ and Bump Williams Consulting published by the Wall Street Journal also revealed Coors Light sales increased 17.6% in the week ending April 15.

Miller Lite saw a boost in sales, also 17.6%, in the same week compared to last year.

Bud Light's parent company Anheuser-Busch has seen its market value plunge $15.7billion since the disastrous campaign with transgender-influencer Dylan Mulvaney, so yeah it's entirely possible, I'd even admit probable that the InBev stock will - as you say "rebound" but how much and when is anybody's guess and that's all the forecasts, are is guesses. But it's also an undeniable and irrefutable fact that because of the Bud Light backlash AB/AnBev has already lost about $16billion and the actual 'peaceful protest' isn't over yet.

 

*https://www.brewbound.com/news/bud-light-off-premise-sales-and-volume-decline-in-1st-week-of-boycott-impact-rough-not-catastrophic/

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