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Retail crime resulted in losses of $9.2 billion in Canada in 2024.
I don’t think I really care how much money billionaires lose.
Major retail theft is almost always done by employees, anyway. Very intellectually lazy reporting to just drop that factoid (produced by retail stores, not independent studies) without that context.
Like theft from employees “doesn’t count” or something?
That’s the thing. They lost $9.2 billion, but they still turned a profit.
They factor the cost of theft into their item pricing.
