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A comment on SF’s Black Market Thrives Off Retail Theft. Parent comment

Re:SF’s Black Market Thrives Off Retail Theft by refurb on Saturday July 30, 2022 @02:01AM (#32284638)
You think stores buy insurance against shoplifting?

You think insurers offer it? How much do you think it would cost?

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Re:SF’s Black Market Thrives Off Retail Theft by Ekaros on Saturday July 30, 2022 @04:50AM (#32285302)
My estimate for the cost is on average more than the shoplifting costs... Plus all the administrative work.
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Re:SF’s Black Market Thrives Off Retail Theft by refurb on Saturday July 30, 2022 @04:51AM (#32285319)
The correct answer is - it would be prohibitively expensive to get insurance for shoplifting, so shops don't have any. They just take the hit as "shrinkage".
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