this post was submitted on 05 Jan 2024
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The problem with that argument is that prices can't be raised indefinitively without negatively impacting revenue. If prices go up, demand goes down. So, yeah, basically all arguments that increased costs get handed off to consumers are flawed, if a business can increase its profit by raising prices, they are going to do so sooner or later, anyway. They might wait for an excuse to do so, but even then they won't wait forever.
The problem with that argument is that shoplifting also negatively impacts revenue and reduces their profit margins.
And that is priced in already.
Exactly. So rising shoplifting trends would increase it more.
What you're missing is that there is no trend. The "shoplifting wave" was capitalist propaganda
And they can't necessarily compensate by rising prices. So I don't see what your point is.