Tuesday, October 28, 2008

The Wal-Mart Theft Index: How to Tell if We’re in a Depression

Posted by Pete Kotz on Tue, Oct 28, 2008 at 5:29 AM

click to enlarge walmart.jpg
While cable pundits and newspaper eggheads debate whether we’re technically in a recession, there’s an easier way to decide the issue. It’s called the Wal-Mart Theft Index. The nation’s largest employer and retailer is a bellwether for many things, but theft may be its greatest contribution. Due to the sheer size of its stores – coupled with chronic short-staffing and no security staff – Wal-Mart tends to be ground-zero for shoplifting. The evidence comes from the discarded packaging found in the deeper reaches of the stores. In normal times, shoplifters will grab CDs, DVDs, and smaller electronics items, strip them of packaging in the quieter aisles, then walk through security scanners undetected. But over the past few months, workers are discovering that even thieves are having a hard go of it during this wretched economy. “Now I'm finding lots of things like food, diapers, tampons, over-the-counter pharmacy stuff like kid's cough medicine and insulin,” says one employee. “They still steal all of the other stuff, but I'm seeing more necessity items these days. Today I found that someone stole a queen-sized electric blanket and a package of condoms. Now I have the peace of mind knowing that our customers won't get cold while they're having protected sex.” Which begs the question: Should Congress consider a stimulus package for shoplifters?

Comments (21)

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It really is the economy, stupid! When you live in the government-subsidized state of Alaska or have a billionaire wife, it takes a bit longer for you to get it.

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Posted by sueyyyy on 10/28/2008 at 9:36 AM

piece of mind should read peace of mine

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Posted by anon on 10/28/2008 at 11:06 AM

That's not the correct use of "begs the question".

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Posted by Name on 10/29/2008 at 8:05 AM

Tax right off..hummmmm

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Posted by Click me on 10/29/2008 at 9:03 AM

This seems like a good time to thank belatedly the Scene for discontinuing its clueless "Suspect Behavior" column, with its emphasis on sneering at poor people caught shoplifting groceries.

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Posted by DG on 10/29/2008 at 9:13 AM

the true sign of a depression is people stealing from the dollar store

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Posted by filey on 10/29/2008 at 9:43 AM

No security? I though Walmart had loads of security personell? Someones gotta be monitoring those hundreds of cameras!
Jiff
http://www.online-anonymity.kr.tc

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Posted by John Watts on 10/29/2008 at 10:34 AM

Over the counter INSULIN?

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Posted by TC on 10/29/2008 at 10:38 AM

Rats! I thought the article would provide stats or Walmart's 'shrink percentage'. @TC: Insulin was might have been picked up at pharmacy then stolen.

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Posted by Sum Dude on 10/29/2008 at 10:59 AM

"..begs the question.."
Nice work!

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Posted by Andrew on 10/29/2008 at 12:08 PM

In popular usage, "begging the question" is often used to mean that a statement invites another obvious question. This usage is disparaged. "Raises the question" may be appropriate.
http://en.wikipedia.org/wiki/Begging_the_question

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Posted by Arous on 10/29/2008 at 1:14 PM

Matthew 6:19-20
Lay not up for yourselves treasures upon earth, where moth and rust doth corrupt, and where thieves break through and steal:
But lay up for yourselves treasures in heaven, where neither moth nor rust doth corrupt, and where thieves do not break through nor steal:

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Posted by charlie on 10/29/2008 at 1:27 PM

this should be reported to wal mart by as many people as possible. it raises the prices for all of us

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Posted by jeff on 10/29/2008 at 2:25 PM

Just start stealing too... =X
Hey, it's Idiocracy, the movie. It's ok, you still understand each other, dontcha? Must be kind of hard to be so smart with all those toxins like Mercury and Aluminum in your veins, and Fluoride in your bellies.
Just like the motherfuckin Nazis. Except 10x the WUSS! Truly is Nazis in America. Like that Tool song, I sure hope it is the fucking end of the world. Tired of this shit.

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Posted by Sadistic_Psychonaut on 10/29/2008 at 3:04 PM

Congress wouldn't bail out shop lifters. They'd bail out Wal-Mart instead.

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Posted by David Greiman on 10/29/2008 at 3:13 PM

@Jeff Oh, it's not just Wal-Mart. Many many MANY retail (most?)stores do basically nothing about shoplifting because it is cheaper to take a loss on the merchandise than it is to prosecute and/or deal with all the lawsuits where people countersue for being falsely accused. People walk out of the store where I work every day with bags full of stolen crap, corporate knows about it, they do nothing, and empower us to do nothing.

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Posted by MM on 10/29/2008 at 3:14 PM

Rats here too..LOL I was looking for articles regarding Wal-marts treatment of employees, especially older ones and the chronic depression it causes.
I work with good people at Wal-mart that talk about suicide. They are severely depressed from doing the work of 4,5 and 6 people on one shift. Their shifts and schedules are inconsistent.
They are not allowed to talk to other employees except in the breakroom or for only a couple of minutes and only about work. They are watched at all times on a camera by security hired to watch the employee work output as well as theft.

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Posted by LiLy Pierre on 11/08/2008 at 10:57 PM

It seems to me that the amount of shoplifters in itself may be less of an indication of negative market condition than the amount of revenue that mass merchandisers such as Walmart are getting. While many business are currently experiencing a decline in sales, Walmart's is in fact increasing. When people have less money, they will not stop buying necessities - they will just buy these necessities (or in some of these noted cases, shoplift them) for less, and Walmart offers lower prices than most or all other stores on necessities.

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Posted by Corey on 11/15/2008 at 2:26 AM

I work at wal-mart. We do have security. You just don't see them. They wear regular clothes, and bust people daily. The only catch is...they bust people at home. We get the tag number of the theif, and the cops bust them at home. So be careful stealing out there

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Posted by Nate Walmart associate on 02/23/2009 at 7:37 PM

J AI BSN DE TRAVAILL MERCII 00212610585267 VOILA MON NUM

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Posted by SAIDA on 11/17/2009 at 10:35 PM

I'd like to propose your blog post in our day-to-day meetings at the office.

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Posted by Iraida Desmarais on 03/14/2010 at 12:54 PM
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