News for hackers. Stuff that matters.
Re:Target says it's closing stores due to theft. The data te... by polski-g on Saturday October 07, 2023 @11:10AM (#37802358)
Target publishes quarterly reports with the SEC. It lists the losses due to theft.

There is a strange wish in progressive circles that crime isn't the cause of things and that crime isn't rising. "I was wrong and my ideas are dangerous" is a very difficult thing for people to admit.

Re:Target says it's closing stores due to theft. The data te... by JKCalhoun on Saturday October 07, 2023 @11:12AM (#37802375)
I would have thought most progressives absolutely believe crime is rising - due to the increased wealth gap in the U.S.
Re:Target says it's closing stores due to theft. The data te... by brookst on Saturday October 07, 2023 @11:15AM (#37802404)
This. Everyone agrees that retail theft is a problem, the dispute is whether to address it by looking at root causes or just to yell at people to get a third job and stop criming.
Re:Target says it's closing stores due to theft. The data te... by tqi on Saturday October 07, 2023 @11:39AM (#37802623)
Do you think most shoplifting is done by people who are otherwise employed?
Re:Target says it's closing stores due to theft. The data te... by paulproteus on Saturday October 07, 2023 @11:13AM (#37802382)
I took a look at https://www.sec.gov/Archives/edgar/data/27419/00000274192100... and searched for theft, and found this text as the only hit: "data loss or theft [...] could [...] adversely affect our results of operations. We continually invest to maintain and update our computer systems."

What are you finding in the SEC reports about theft? I'm not an expert at reading them.

Re:Target says it's closing stores due to theft. The data te... by polski-g on Saturday October 07, 2023 @11:37AM (#37802607)
Search for shrink
Re:Target says it's closing stores due to theft. The data te... by paulproteus on Saturday October 07, 2023 @04:34PM (#37805290)
When I tried that, it didn't show a lot of detail. It seems they blend shrinkage generally into the cost of goods sold, and the original article in the thread discusses the idea that shrinkage is mostly caused by employees, not non-employee theft. I consider employee theft to be not the kind retail theft that news articles are really about. I can't find what you're saying, losses due to theft generally, nor can I find something specific about non-employee theft. Let me know if you can find something else I can search for, since I am quite new to this.
Re:Target says it's closing stores due to theft. The data te... by notatoad on Saturday October 07, 2023 @11:15AM (#37802409)
this report? https://app.quotemedia.com/data/downloadFiling?webmasterId=1...

i'm not seeing losses due to theft broken out anywhere.

Re:Target says it's closing stores due to theft. The data te... by syspec on Saturday October 07, 2023 @01:19PM (#37803570)
This isn't a progressive thing. There's a strange wish in conservative circles that progressives love crime