Behind the scenes of Home Depot's operation to take down professional shoplifters

  Рет қаралды 1,005,164

CNBC Television

CNBC Television

4 жыл бұрын

Organized retail crime cost retailers nearly $778,000 per $1 billion in sales in 2018, an all-time high, according to a National Retail Federation survey. In the past three quarters, Home Depot reported that an increase in "shrink" hurt its financial results. Retail shrinkage includes organized retail crime. Home Depot says if shrink gets too high, it may have to pass costs off to consumers. CNBC's Courtney Reagan reports.

Пікірлер: 2 300
@FlipCouvillion
@FlipCouvillion 3 жыл бұрын
Shoplifters still going strong. On the other hand contractors having trouble returning items they paid for with a receipt.
@Ruben901
@Ruben901 3 жыл бұрын
Or getting loaded with items purchased
@mtadams2009
@mtadams2009 3 жыл бұрын
I have never had any issues returning anything to the Depot.
@ricks.1318
@ricks.1318 3 жыл бұрын
Its the HOME DEPOT way .........
@Brett_S_420
@Brett_S_420 3 жыл бұрын
They F everyone no matter what. Don't be fooled by this propaganda.
@lordhinton3394
@lordhinton3394 3 жыл бұрын
EXACTLY
@travisroth4759
@travisroth4759 3 жыл бұрын
That’s halarious!!! Home Depot has already passed it along to the customer. Prices are rediculous.
@commonsense2469
@commonsense2469 3 жыл бұрын
Then don’t shop there. This has nothing to do with these people stealing from them.
@magahongkong4664
@magahongkong4664 3 жыл бұрын
@Richard B EV incentive
@lightofthetwinlamps8809
@lightofthetwinlamps8809 3 жыл бұрын
@@magahongkong4664 yeah you can literally just charge your car at home. If you go solar you become close to energy self sufficient
@JimboJazz
@JimboJazz 3 жыл бұрын
They double dip...Shrinkage written into the costs and deducted on taxes 🙄
@ElRipper100
@ElRipper100 3 жыл бұрын
@Richard B Remember gas prices are only about half or 60 % of the pump price. The rest is your state and federal taxes.
@williamgreen9663
@williamgreen9663 3 жыл бұрын
Here's a crazy idea, hire guards for the doors instead of firing employees.
@ricos6243
@ricos6243 3 жыл бұрын
You can't touch them. They have the law on their side. These pos thieves know this.
@michaelshultz1590
@michaelshultz1590 3 жыл бұрын
Hiring guards for the doors is not cost effective.
@ricos6243
@ricos6243 3 жыл бұрын
@@michaelshultz1590 They still can't touch the shop lifters, they are not police. They are just there to call the police so they are a waste of time.
@michaelshultz1590
@michaelshultz1590 3 жыл бұрын
@@ricos6243 That depends on the state and the company. Some are hands on.
@philllsxga.7737
@philllsxga.7737 3 жыл бұрын
But that will take from the millionaire CEOs pocket to hire more people you can't do that...
@miguelhernandez8057
@miguelhernandez8057 3 жыл бұрын
They make up for the loses with lumber pricing.
@kimkrebs7979
@kimkrebs7979 3 жыл бұрын
So what I learned from this video, go shop at pawn shops before going to Home Depot
@billpiehler9010
@billpiehler9010 3 жыл бұрын
Shop at flea markets. Everything you can find at stores are sold there. Personal care products by the box. Tools brand new in the box. Best price
@tj7179
@tj7179 3 жыл бұрын
😂😂😂😂😂😂😂
@estado26mx.alv.34
@estado26mx.alv.34 3 жыл бұрын
Exactly
@jstins
@jstins 3 жыл бұрын
@@billpiehler9010 That’s it. Knowingly support the thieves. /s
@tradingarsenal8578
@tradingarsenal8578 3 жыл бұрын
@@jstins Rather do that than bay these Corporate Communist P.O.S's!!!
@jerry121576
@jerry121576 3 жыл бұрын
As a former Home Depot employee I once witnessed a guy run out of the store with some stuff. I took a note of his car and plate number. I reported it to the manager on duty and she did NOTHING about it. Her reason was she said that they didn't want to accuse anybody. Fricking bs.
@jhnyjoejoe69
@jhnyjoejoe69 3 жыл бұрын
Report her too, she was likely in on it
@blainemitchell
@blainemitchell 3 жыл бұрын
I once chased a guy out of Target, took a picture of his car and gave it to the manager. A week later the same guy was at a restaurant. They never did anything. And I didn't even work there.
@tj7179
@tj7179 3 жыл бұрын
Yes she probably was in on it
@J.D.Vision
@J.D.Vision 3 жыл бұрын
Do you live in a Blue State?
@jerry121576
@jerry121576 3 жыл бұрын
@@J.D.Vision I lived in Wyoming at the time, a mostly red state.
@jediknightjairinaiki560
@jediknightjairinaiki560 3 жыл бұрын
Pay attention to his last statement. He said they've been good about not raising prices due to shrink. That doesn't account for a myriad of other reasons they raise prices, including "Just because we can".
@sjcflawless
@sjcflawless 3 жыл бұрын
This was a the same justification Sears used before they shut down! They blamed stolen merchandise as the downfall! I didn’t really agree with that!
@bopeep86
@bopeep86 3 жыл бұрын
The market drives the price. If it's too high . no one will buy. If there are competitors, the price goes down as well. Capitalism- it's a good thing.
@bopeep86
@bopeep86 3 жыл бұрын
@@sjcflawless OK . You may not agree, but I agree with the stores decision to close. Probably in a lower rent area, crime is usually higher. Regular folks pay for their stuff.
@jediknightjairinaiki560
@jediknightjairinaiki560 3 жыл бұрын
@@bopeep86 Agreed.
@sjcflawless
@sjcflawless 3 жыл бұрын
@@bopeep86 Amazon was really the ultimate reason why Sears closed. Stolen merchandise was the number two reason. In the end, I can only go by the earnings and media reports. Sears was everywhere! The appliances were the cheapest. I’m pretty sure most of the loss occurred in areas where theft occurs often. I miss Sears though!
@alimaleki217
@alimaleki217 3 жыл бұрын
You have to take this with a grain of salt. These stories are always exaggerated by everyone involved. HD has been locking up portable power tools behind metal gates; how are they being stolen? Their large stores were built when they employed large numbers of helpful employees. Now you’re lucky if you can find an employee 5 aisles away! Of course theft is going to increase when there are no employees around!
@allensantee1591
@allensantee1591 3 жыл бұрын
Remove the self checkout and Home depot will save millions Note:I am a Home Depot employee
@Primalxbeast
@Primalxbeast 3 жыл бұрын
I hate self checkout. I went to a Walmart marketplace store when I don't usually go there and was surprised to find out that they don't have any cashiers after 8PM. They seemed annoyed that I went to the customer service counter to buy my stuff. I have health problems that make it hard for me to be on my feet and I just wanted to buy my stuff as quickly as possible. Walmart makes an insane amount of money and they can't even afford to hire cashiers? I won't steal even though I'm homeless, but I have no sympathy for them if other people take advantage of them being too cheap to hire cashiers.
@tj7179
@tj7179 3 жыл бұрын
I believe this to be true everywhere.. Especially Walmart. If you hired cashiers then it would cut theft down by prob 70%
@Primalxbeast
@Primalxbeast 3 жыл бұрын
@@tj7179 When the Walmart grocery store was open 24/7, I used to go in the middle of the night and I'd walk around looking for someone to ring me up and then just leave what I wanted to buy at the register and then leave. I'm sure they must have have many people just walk out without paying.
@kahnfused1
@kahnfused1 3 жыл бұрын
The logic is that the loss is less than the total cost of employees. Now that losses are increasing the math just doesn't pan out any longer. Combine that with basic greed. That small percentage used to be acceptable. In order to keep margin GROWTH, they have trimmed all the labor they could, volume is stagnant, the easiest target left is reduce loss. Profits were a certain percentage, if that stays the same they're still making money. They just aren't making MORE.
@ryanwilson5936
@ryanwilson5936 3 жыл бұрын
@@Primalxbeast No. They use the self checkout like a logical adult.
@huntergcarswell
@huntergcarswell 3 жыл бұрын
Let's be real, it went up the past 3 quarters because you put in all the self check out stations.
@huntergcarswell
@huntergcarswell 3 жыл бұрын
Solution to your theft problem - pay cashiers instead of trying to be cheap with the self check outs.
@greatwall8158
@greatwall8158 3 жыл бұрын
You mean the skip scan lane? 😜
@alexanderx3554
@alexanderx3554 3 жыл бұрын
Self check out is so nice though for legits, no messing around, in out boom done.
@shantor100
@shantor100 3 жыл бұрын
@@huntergcarswell every company is doing it and most people are honest
@Rhaspun
@Rhaspun 3 жыл бұрын
@@huntergcarswell Paid cashiers at manned check stands.
@newjsdavid1
@newjsdavid1 3 жыл бұрын
Ahhhh, this is how there’s always a ton of brand new Milwaukee power tools for sell on offer up…
@travisk5589
@travisk5589 3 жыл бұрын
I am going to go there and do some shopping
@gypsymideiros8009
@gypsymideiros8009 3 жыл бұрын
Yea that’s what I have been thinking since I first started seeing them on there. You know they are stolen cause there is no mark up.
@terri3486
@terri3486 3 жыл бұрын
Houston's offer up is filled with these type of "deals"
@travisk5589
@travisk5589 3 жыл бұрын
@@terri3486 Thanks for the tip.
@terri3486
@terri3486 3 жыл бұрын
@@travisk5589 don't blame me of you get caught up in a sting😬
@frederickhargro5153
@frederickhargro5153 3 жыл бұрын
How about this Home Depot, have more sales persons on the floor. You go into Home Depot and you can’t even get any help. More visible salespersons would deter shop lifters.
@44unda
@44unda 3 жыл бұрын
They need to keep the expensive high theft items under lock and key
@gbb82
@gbb82 3 жыл бұрын
This is true, salespersons at Home Depot run when they see customers.
@talmoskowitz5221
@talmoskowitz5221 3 жыл бұрын
Here in Atlanta there is a cluster of 2-4 standing near the self checkout. Always young. I thought they were avoiding work. Now I understand what they're doing.
@ALSmith-zz4yy
@ALSmith-zz4yy 3 жыл бұрын
How can a salesperson watch for shoplifters if they are helping you?
@mtadams2009
@mtadams2009 3 жыл бұрын
I live in two states, one of my homes is just outside NYC and one is in a rural area of Massachusetts. Its almost like a different country. The rural store is a joy the NY store not so much.
@theTAILlor
@theTAILlor 3 жыл бұрын
Crooks standing outside Home Depot, "Let's Do This"
@JERRYR708
@JERRYR708 3 жыл бұрын
We wants it, WE TAKES IT!!
@dmgscalemodels2825
@dmgscalemodels2825 3 жыл бұрын
Good one!
@sharonsmilesphotography5553
@sharonsmilesphotography5553 3 жыл бұрын
how doers get more done is the new crook motto!
@AlexKunstar
@AlexKunstar 3 жыл бұрын
😂🤣😂🤣😂🤣 Omg man... Maybe I go to home depot too much but this cracked me up
@jamesshute8258
@jamesshute8258 3 жыл бұрын
Figures it would be a CNBC reporter asking "why is this a problem?".
@Iowa21
@Iowa21 3 жыл бұрын
Lol I laughed when she asked that, what kind of question is that?
@urbantreesteve2805
@urbantreesteve2805 3 жыл бұрын
Exactly!!!!
@roodflo3080
@roodflo3080 3 жыл бұрын
First thing I noticed, her first two questions are dumb
@lurkerrekrul
@lurkerrekrul 3 жыл бұрын
@@Iowa21 A lot of dumb people watch TV. These dumb people have dumb questions like this. They think "Home Depot is a big company, so why can't they just absorb the losses?" So by asking an intentionally dumb question, she gives him an opportunity to speak directly to all the jerks in the audience who think this is no big deal. She plays dumb and it appeals to all the dumb viewers who think "Hey, she's just like me, wondering 'bout this stuff." It's more diplomatic than saying "Explain to our audience why this is a problem."
@j.b.9895
@j.b.9895 3 жыл бұрын
That’s a legitimate question. Many businesses just count it as an operating expense. Now it’s an organized large operation and is too much of a business cost to absorb by just reducing profit.
@spacecowboy801
@spacecowboy801 3 жыл бұрын
Having worked at a Home Depot for almost 3 years, it was always weird seeing how much of the shrinkage was from inside jobs🤷‍♂️
@tracyhurst7512
@tracyhurst7512 2 жыл бұрын
When I work in retail that was one of the main issues. The employees are ripping off the business more than anyone. They get their friends to come in, shoplift, and split the money
@clintcoop5717
@clintcoop5717 2 жыл бұрын
Exactly
@SUBZEROUKS
@SUBZEROUKS 2 жыл бұрын
Sad. So many thieves
@mybuttsbeenwiped666
@mybuttsbeenwiped666 2 жыл бұрын
employees can help you with an inside job and not even know it. when you order something online usually they keep it in a cart by the back door somewhere. not that I would do it, but a person could easily add all kinds of stuff to said cart. when you pick up your online order they call back and have someone bring you your cart they dont bother to check it over again because it was already loaded by an employee so they unknowingly shoplift for you. if your worried about cameras when loading cart wear a mask and a hat different color shirt they cant prove its you and you didn't actually have it in your possession and walking out the store.
@hardtymz2517
@hardtymz2517 8 ай бұрын
it shrinks??
@TheSevonne
@TheSevonne Жыл бұрын
We are going to let insurance handle it and just tell the customers that the $800k shrinkage out of our billion dollar profit must be passed onto them by permanently raising prices on everything even though we could easily make that back in a day.
@jeusgarcia8597
@jeusgarcia8597 Жыл бұрын
*EXACTLY* ☝🏽
@oldcountryman2795
@oldcountryman2795 3 жыл бұрын
Both Home Depot and Lowes are terribly run companies. The store managers hide from the customers and the employees go out of their way to avoid being helpful. I hate going in to either one and I blame corporate management.
@BobRooney290
@BobRooney290 Жыл бұрын
this is only half the story, as expected with NBC reporting. home depot already got an insurance check on the theft. the cops now stole it from the thief. you think they will give it back to home depot or whatever store? hilariously no. the cops keep it and auction it off and pocket the money. they likely let the thief go because its likely a crime ring and racketeering job and all are in on it.
@wildestcowboy2668
@wildestcowboy2668 Жыл бұрын
To God be the glory
@jhaseglenn3064
@jhaseglenn3064 3 жыл бұрын
Noticed how he said the cost would be passed to the consumer. Maybe you should hire more employees. More security. Because your prices are too high to begin with. People can and will turn against higher prices. Then that will be your down fall. This day and age retail greed has people realizing what they can live with and what they can do without.
@michaellim4165
@michaellim4165 3 жыл бұрын
Why should businesses have to fork the unnecessary cost just to do their normal business. The cost of operation will go up either way. Therefore, prices will too.
@jessicacole8404
@jessicacole8404 3 жыл бұрын
Well amazon would probably be happy to sell lumber, and offer same day shipping
@jhaseglenn3064
@jhaseglenn3064 3 жыл бұрын
@@michaellim4165 why should the consumer always be penalized for their lacking?
@garyboardwine3349
@garyboardwine3349 3 жыл бұрын
I say screw the corporations any way one can lol
@michaellim4165
@michaellim4165 3 жыл бұрын
@@jhaseglenn3064 consumers have a choice, either shop or don't shop. Vendors do not
@LosVRC
@LosVRC 3 жыл бұрын
Home Depot once accused me of stealing. Said they seen me on camera sticking a Circular Saw blade in my jacket...I laughed thinking they were joking, but then they said they will call the police if I didn't show them my waistband.....they didn't even apologize after I showed them .....shop LOWES ever since.
@savethewolves5628
@savethewolves5628 3 жыл бұрын
You should have just cheerfully shown them you were innocent, and that’s it.
@newdrew2744
@newdrew2744 3 жыл бұрын
Should've made them show you the tape!
@dannysunay8099
@dannysunay8099 3 жыл бұрын
@dimentia Biden I had a wife named sue. Her last name was sususudio.!
@MrRar66
@MrRar66 3 жыл бұрын
@@dannysunay8099 wow, how long did you hang onto that one🤦🏿‍♂️
@jellojoe00
@jellojoe00 3 жыл бұрын
I quit home depot a few months ago
@JD-mt2xu
@JD-mt2xu 3 жыл бұрын
I’m in law enforcement and I can tell you it’s a real problem. The only thing when we get their property back they never want to prosecute. They will also not call the police until the thieves have already let the store even if they have been watching them conceal items.
@shadowgarr7649
@shadowgarr7649 3 жыл бұрын
Most likely an attempt to prevent cops from shooting legitimate customers.
@JD-mt2xu
@JD-mt2xu 3 жыл бұрын
@Prince Wojak then don’t call at all. If they don’t have the stolen merchandise on them then it’s been my experience the prosecution doesn’t want to take the case.
@zephsmith3499
@zephsmith3499 2 жыл бұрын
That last is actually an important point that I have not seen raised, JD. Imagine if the store negotiated in advance with law enforcement about how to notify them when they see a likely impending shoplifting, so that officers could already be on their way or present outside when the thief exits the building. Would that work, in your opinion? Or would that be treated by LE as a nuisance, since at the time of the first call no actual crime has yet occurred, and some shoplifters might abort their theft if the police arrival was noticed (by them or an associate outside)? Too many fruitless calls - so wait until the crime is verified before calling.
@billybobjamesalt2255
@billybobjamesalt2255 2 жыл бұрын
There's really no law against concealing merchandise. Only once you attempt to walk out the doors without paying for it is a crime. Anyone can walk around a store stuffing drills down their pants all they want to but if they take it back out and pay for it no crime committed
@JD-mt2xu
@JD-mt2xu 2 жыл бұрын
@@billybobjamesalt2255 That’s not completely true but your close. It’s passed all points of sale. So once you go pass the cash registers you are fair game. Also if you can prove someone’s intent to commit the crime then they can also be arrested. Example, all of these smash and grabs on the news. However, what you said isn’t untrue.
@paulsawczyc5019
@paulsawczyc5019 3 жыл бұрын
Talk about Home Depot's lumber prices if on the subject of theft.
@astrialindah2773
@astrialindah2773 3 жыл бұрын
Perfect comment!
@katemiller7874
@katemiller7874 3 жыл бұрын
Everyone knows lumber has gone up due to the pandemic
@briankorth6763
@briankorth6763 3 жыл бұрын
I talked to the HD lumber manager and he says they are also paying a lot more for the product. They have contracts with suppliers and the prices fluctuate. I also talked with a bid that runs a hardware store and lumber yard, he told me the same thing. He said “ it’s not me, it’s the suppliers”.
@paulsawczyc5019
@paulsawczyc5019 3 жыл бұрын
@@katemiller7874 What? there was a tree killing Chinese beetle pandemic?
@EliteStricker
@EliteStricker 3 жыл бұрын
Its not home depot, there's only like 4 or 5 major lumber company's and they supply everyone And the top two as in income wise has had an increase of like 300% on profit for lumber
@markman63
@markman63 3 жыл бұрын
My homedepot has an Oakland pd officer permanently standing at the exit
@northwestgardener5076
@northwestgardener5076 3 жыл бұрын
If he wasn't on utube all day he would stop more thefts, just ask yourself have you ever seen him stop anyone? We have a sherif infront of ours, they just sit and do nothing. Hands off police don't realy get a lot done.
@davelowets
@davelowets 3 жыл бұрын
If he stops one cart full of thousands of dollars of tools a week, the store makes out WELL.
@frankieb9444
@frankieb9444 2 жыл бұрын
I could picture him tackling a guy for trying to go into without a mask while a guy with $3000 dollars of stolen goods helps the officer subdue the guy, get a high-five from the officer then leave without issues.
@Random_acct0439
@Random_acct0439 3 жыл бұрын
Who’s watching this while being on lunch as a Home Depot associate??😂😂
@tat2dmike39
@tat2dmike39 3 жыл бұрын
All dumb hippo associates do is hide in the break room
@bfun4615
@bfun4615 3 жыл бұрын
I worked at home depot for 7 years part time. I really enjoyed my time working there.
@deltap316
@deltap316 3 жыл бұрын
I’m in the bathroom as an associate but yeah
@milanievans3887
@milanievans3887 Жыл бұрын
I'm on aisle 5
@goodtalker
@goodtalker 2 жыл бұрын
I'm retired corrections and now work at Lowes. Recent policy has been to "stay out of the way" when these criminals make their way out of our stores with merchandise. Management thinks this policy is "safe," and yet have no idea how criminals view this with contempt.
@smoke8406
@smoke8406 Жыл бұрын
Outside stores there are yellow surveillance machines that can usually just do the job for u….only time they care is if the car is stolen and that leads to bigger arrest I guess everyone understands these are just large company stores n it doesn’t affect the employees or managers so they don’t care…either way there run doesn’t last long either there a super intelligent smart career criminal or usually what it is there just a person addicted to drugs that will either go to jail or die soon… n usually n back then if u would get them in trouble if it isn’t over 1000$ u can’t really do anything they will just be banned from ur store… n even that is a risk cuz if they run they usually do that because they have warrants and those people are already lossed causes so just let em be n they will just use drugs until there death…
@justinbecker7597
@justinbecker7597 3 жыл бұрын
Moral of the story, it's easy af to just walk out of homedepot with a cart full of tools
@chrisorobello8869
@chrisorobello8869 3 жыл бұрын
Lmao it really is
@josephmunn15
@josephmunn15 3 жыл бұрын
Yup and if they stop you and you get hurt in the process you can sue...it's a win win 😂
@twopetals3907
@twopetals3907 3 жыл бұрын
@@josephmunn15 how's looting this week?
@JacobMDittman
@JacobMDittman 3 жыл бұрын
It’s also easy asf to get arrested for it.
@jaywalter5491
@jaywalter5491 3 жыл бұрын
been doing it for years HAHAHAHAHAHAHAHAHAHAHAHAHA
@joeconservative158
@joeconservative158 3 жыл бұрын
Depending on what State this CRIME is committed. In Connecticut store security can use what ever means necessary to STOP the theft and get their merchandise back
@arturocamaney9235
@arturocamaney9235 3 жыл бұрын
Wrong answer, leftist clown. In none of the fifty states do rent-a-cops (aka loss prevention, security, whatever their exact title) have the right to lay hands on you or search your possessions. See the 4th amendment if you believe otherwise. And yes, contrary to popular belief, the 4th amendment _does_ in fact apply to places of public accommodation as well since the right to be secure in your own person is a NATURAL right which cannot be taken away except through due process. So no, in CT, store security cannot use "whatever means necessary" to stop the theft. They're free to try, but they'll either get charged with battery or attacked back in self-defense. And if you think for even a _second_ that the suspected shoplifter will be charged with robbery due to choosing to defend him (or herself), think again. The woman who was strong-armed by "undercover" (aka plain clothes) loss prevention personnel at an Ikea store in St. Louis ended up having all charges dropped simply because she was grabbed by one of the rent-a-cops. So while true that responding officers and the D.A.'s Office often don't care enough to investigate such matters, there are times when they listen to both sides of the story.
@VOID-py3en
@VOID-py3en 3 жыл бұрын
@@arturocamaney9235 sounds like something a thief would say
@daveblevins3322
@daveblevins3322 3 жыл бұрын
Umm disagree with you democrat. If someone from "Security" touches me at your store, I will soon be your new CEO, and you'll be fired.
@w.s8676
@w.s8676 3 жыл бұрын
Joe Conservative Not true
@davidwilken3584
@davidwilken3584 3 жыл бұрын
@@arturocamaney9235 ever hear of a citizen arrest? This is where a citizen can place another citizen under citizen arrest for a crime witnessed by that citizen. Get it citizen?
@MrRar66
@MrRar66 3 жыл бұрын
00:48 I get the feeling she's the best looking gal to ever ride in that SUV and he's taking the long route
@sylvia106
@sylvia106 3 жыл бұрын
Exactly!
@funnyfarm5555
@funnyfarm5555 3 жыл бұрын
My niece was working at a Home Depot where they put in charge of loss prevention. She found out contractors were taking tools out the back rollup door and then around the building to their construction vehicle. When she told management what she had discovered in her investigation, they did nothing and told her to back off. Was the store management getting a kickback? She quit them and now has a wonderful architect job with a major power provider company.
@malcolmbaldwin5735
@malcolmbaldwin5735 2 жыл бұрын
she's lying , she's escorting
@growmiezhomiez8760
@growmiezhomiez8760 2 жыл бұрын
Wow? She’s an architect? And she worked for Home Depot? That’s Sussy Baka holmez….
@hardtymz2517
@hardtymz2517 8 ай бұрын
your neice was in the wrong.
@funnyfarm5555
@funnyfarm5555 8 ай бұрын
how so?@@hardtymz2517
@jjcjr009
@jjcjr009 3 жыл бұрын
Charging 3X the normal price for lumber is stealing, 😄
@av8rbri473
@av8rbri473 3 жыл бұрын
they have to, the lumber cutters are the real crooks charging that much to sell it
@briankorth6763
@briankorth6763 3 жыл бұрын
It’s the lumber suppliers, not Home Depot or Lowe’s. The lumber suppliers are blaming it all on trucker shortages. Believe what you want.
@lordeverybody872
@lordeverybody872 3 жыл бұрын
Its the owls fault. Sarcasm intended
@rafenatho5406
@rafenatho5406 3 жыл бұрын
Cut a hand off if they are caught and convicted, bet the theft rate would go down.
@mauritiusdunfagel9473
@mauritiusdunfagel9473 3 жыл бұрын
Thank you Mustafa!
@NoNORADon911
@NoNORADon911 3 жыл бұрын
They do that in Africa for real, watched it on bitchute, cut the guys fingers off with a dull hatchet right outside the store and more crazy...the guy was like well ok and just walked off, no freaking out or anything....
@ricks.1318
@ricks.1318 3 жыл бұрын
Nah ...... Bleeding heart Liberals WON'T ALLOW anything that COULD SOLVE a problem .........
@JimboJazz
@JimboJazz 3 жыл бұрын
When defense contractors,pharma reps,Wall Street and bank executives and media cheat us -same treatment then? I’m all for it
@NoNORADon911
@NoNORADon911 3 жыл бұрын
@@JimboJazz You mostly named the chews without naming them, start naming them. The small hat tribe. The J tube algo is so far up my azz I can hardly say anything the sheeps can understand.
@callmeishmael3031
@callmeishmael3031 3 жыл бұрын
The professional shoplifters know that major retailers now have a hands-off policy toward shoplifters. Employees can be fired for making any attempt to physically stop shoplifting.
@ElectronicsForFun
@ElectronicsForFun 3 жыл бұрын
they can't stop you if you know where the camera blind spots are. I have chased my fair share of tweakers, nobody saw a thing.
@MarcGyverIt
@MarcGyverIt 2 жыл бұрын
Yep. When I used to steal as a youngster, I knew the places that did and didn't have that policy. Guess where we went.
@steven2212
@steven2212 3 жыл бұрын
Walmart, Target and the rest...they expect law enforcement to handle it. Hire your own security, equip them with the proper tools and training and let them do their job. They are too scared of lawsuits.
@LizDaWiz
@LizDaWiz 2 жыл бұрын
KEEP IT REAL........Walmart, Target and the rest.. "BAD DEBT INSURANCE".......their income revenue. No interest what so ever in hiring Security, in the even of incident, no notification to Police, which would at least provide information to law enforcement, heightened crime area, knowing, not only Criminal activitst , " Pivot" to.....Shoplifters/ Drug abusers ," pick pocketing, car jackings, robbery, etc. These establishments, covered, no loss, experience the daily occurennce.... recognize same individuals, daily / weekly, unconcerned jeopardy, the safety....of employees, customers, children, etc. 👋JUst like in the case of karen's, these people are escalating, more agressive., confrontational., and physical.....life endangerment of no concern. THE GOVERNMENT SHOULD " MANDATE LAW:" ESTABLISHMENTS THAT CARRY "DRUGS" /ALCOHOL......SECURITY MUST BE ASSIGNED DURING OPERATIONS. INCIDENT REPORT COPIES WEEKLY PROVIDED TO NEIGHBORING POLICE STATIONS, TO ASSIST THEIR MONITORING /ASSISTANCE 🖐 ********PLEASE BE ASSURED..........THERE IS NO LACK OF THE ANGLES THE CAMERAS ARE SET UP TO RECORD THE EMPLOYEES 👀👀👀👀
@budsgalore3786
@budsgalore3786 3 жыл бұрын
It'll be everyone else's fault when they finally deny public access to the buildings. Bricking up the main entrances/exits and start filling orders out the side doors.
@ElectronicsForFun
@ElectronicsForFun 3 жыл бұрын
I think the canada home depot is already doing that.
@budsgalore3786
@budsgalore3786 3 жыл бұрын
@Andrew Kitchens They're just closing stores instead.
@planegaper
@planegaper 2 жыл бұрын
@@ElectronicsForFun yeah for Covid, we don't have the big theft problems like the USA.. if you look at the Camera footage almost every perp is a Sun Person.. way bigger populations in the USA..
@woohunter1
@woohunter1 3 жыл бұрын
Instead of chopping off hands, can’t we just tattoo their crime of choice on their forehead?
@davidcraig9779
@davidcraig9779 3 жыл бұрын
No.
@cleankeys4962
@cleankeys4962 3 жыл бұрын
Good idea, if you can find a spot to put it on these tatted up assholes. Oh wait, maybe on their a, never mind probably already ink there too!
@xtscarfacem8255
@xtscarfacem8255 3 жыл бұрын
Brings you lower than they are.
@davidcraig9779
@davidcraig9779 3 жыл бұрын
@@xtscarfacem8255 You're right. Perhaps execution would be best, that's not nice either. What would you suggest?
@davidcraig9779
@davidcraig9779 3 жыл бұрын
@David Sturgeon Yeah! Where's DOJ with the antitrust indictments?
@butterchuggins5409
@butterchuggins5409 3 жыл бұрын
30 bucks for a sheet of plywood... who is the real thief?
@The_Real_Indiana_Joe
@The_Real_Indiana_Joe 3 жыл бұрын
From what I've heard, they just let them steal here and don't even try to stop them. Matter of fact, if an employee tries to stop them, they get fired :/ I work for a competitor, so LoL! Good job guys!
@jimcoulter5877
@jimcoulter5877 2 жыл бұрын
The best one was the You Tube Video of a guy on a bike just go in and take stuff while they filmed this Glorious Socialist Discount system. Look at all the California Discounts thanks to Socialist Newsom
@user-iv6ty3cd5i
@user-iv6ty3cd5i 2 жыл бұрын
Yep same thing here in sw Virginia. Employees have been told its not worth risking their lives to stop them. Let’s go Brandon!!!
@ganjaman407
@ganjaman407 2 жыл бұрын
Lowes?
@The_Real_Indiana_Joe
@The_Real_Indiana_Joe 2 жыл бұрын
@@ganjaman407 I think home depot, but probably Lowe's too. Big dumb ass woke corporations are all Duhhhhhh......
@sonnikdoh2510
@sonnikdoh2510 3 жыл бұрын
And as a small business owner that frequents Home Depot, guess what that means to the bill I hand you after I'm finished with the job?
@bigred1247
@bigred1247 3 жыл бұрын
Yeah we will all go yo a pawn shop but thanks and keep your bill
@aktsly9237
@aktsly9237 3 жыл бұрын
@@bigred1247 except once the pawn shop is busted they'll get your name and address from the pawnshop (as they are required to get this for all sales), then you'll be out your money and stolen goods.
@NoNORADon911
@NoNORADon911 3 жыл бұрын
@@aktsly9237 lol ok guy
@sjakierulez
@sjakierulez 2 жыл бұрын
You will raise your prices by 0,0778%, as well?
@sk8terjoe98
@sk8terjoe98 3 жыл бұрын
Did she really just say “isn’t Home Depot big enough to absorb this issue?”
@roadrunner123
@roadrunner123 3 жыл бұрын
That's the left for you. They want someone else to lose their goods because someone else needs them more! Provided they themselves lose nothing.
@mesanders1113
@mesanders1113 3 жыл бұрын
They think it's a victimless crime but at some point everyone becomes the victim. The theifs will just become bolder and try to steal more stuff. They don't understand how the world truly operates. They consider it part of the tax the risk mentality.
@lurkerrekrul
@lurkerrekrul 3 жыл бұрын
@@roadrunner123 She wasn't asking that because she or the network believe that Home Depot should absorb the losses. It's an intentionally leading question so that he has an opportunity to answer it for all the idiots out there who would truly ask that. She's playing dumb so that all the idiots in the audience can get their own stupid questions answered.
@estado26mx.alv.34
@estado26mx.alv.34 3 жыл бұрын
She ask a general question for the audience not her own
@Fundaddy5000
@Fundaddy5000 3 жыл бұрын
What a moronic question.
@rickclooney5461
@rickclooney5461 3 жыл бұрын
From what I hear Home depot better keep a better eye on their employees including their loss prevention security employees. They take it before it hits the show room.
@cenahater5002
@cenahater5002 2 жыл бұрын
Glad to see they are stepping their game up. I used to fleece Home Depot hard as a kid.
@cassandrajackson8560
@cassandrajackson8560 3 жыл бұрын
This is the craziest thing, I've every heard of. What happened to catching them and locking them up? Place a sensor on items! The one thing a thief doesn't like is an alarm, they run EVERY TIME! 😧
@e1bo
@e1bo 3 жыл бұрын
In the video it literally showed a guy running out as the alarm is going off...
@bfun4615
@bfun4615 3 жыл бұрын
An alarm will not stop hard-core thieves or professional shoplifters
@mytuberforyou
@mytuberforyou 2 жыл бұрын
I bought a Milwaukee 12v battery that was in a large clear security box. I asked THREE HD associates to remove the box but got waved off, so I just took the whole box home and disassembled it at home. The box had an electronic security device, and the item inside had an RFID tag. Nobody stopped me leaving the store with the whole thing. And now, due to my having to disassemble it, I know how their security box actually works and could easily be defeated- not that I would, but not everybody is honest.
@Sitharos
@Sitharos 2 жыл бұрын
Too expensive and too time consuming, better to just write it off as a loss.
@mikeypeinado383
@mikeypeinado383 Жыл бұрын
Lol I used to treat the alarm as a joke like I won something or I would wait till a old man walks out and go out at the same time and call him a frikin thief xD laughing cuz it was obvi me but no one was around rly alarm stops anyone watever it was that beeped I am not going to stop at the time I was doing this Stop so I can let them get me ? This is all in the past btw don’t get it twisted 😂
@mofomoco
@mofomoco 3 жыл бұрын
I got nabbed as a kid trying to steal staples. Different times lol
@tomlangley6236
@tomlangley6236 3 жыл бұрын
I got caught in 1973 when I was 10 stealing a Bic lighter from Grants Dept store......My Dad BEAT MY ASS!
@rlshieldsok
@rlshieldsok 3 жыл бұрын
"There was shrinkage!!!!" - George Costanza
@iamjakepaul944
@iamjakepaul944 3 жыл бұрын
Legend!🤣😂
@amigo4909
@amigo4909 3 жыл бұрын
Significant shrinkage
@richardshermanjr1899
@richardshermanjr1899 3 жыл бұрын
I was in the pool!!!
@michaelbozsanyi1939
@michaelbozsanyi1939 3 жыл бұрын
Significant shrinkage
@TheLace
@TheLace 3 жыл бұрын
All that cold water...
@stephen2738
@stephen2738 3 жыл бұрын
Try hiring some actual employees. An employee is paid an actual living wage...
@ALSmith-zz4yy
@ALSmith-zz4yy 3 жыл бұрын
How much is a living wage?
@stephen2738
@stephen2738 3 жыл бұрын
@@ALSmith-zz4yy 25 an hour
@twopetals3907
@twopetals3907 3 жыл бұрын
"Isn't HD able to absorb that issue". Um... Like stealing is not a crime.
@arturocamaney9235
@arturocamaney9235 3 жыл бұрын
Home Depot and its employees are the real thieves here since they leveraged their influence with the State to shut down small businesses during the lockdowns. They also forced people -- even children -- to wear medical devices.
@gordondeitz7838
@gordondeitz7838 2 жыл бұрын
You done lost your mind! How 'bout I find you, rob you of all your stuff and sell in on the next street over.
@kahnfused1
@kahnfused1 3 жыл бұрын
Let me explain the problem I saw with Home Depot. They rotate managers...a lot. What they don't do is inventory on his way in. After a year they inventory and he is responsible for the loss he walked into...then he's transferred. You could have literally ZERO loss and when they do inventory you're responsible for the stuff that was supposed to be there but wasn't when you started.
@flowgema
@flowgema 3 жыл бұрын
Hard to feel sorry for Home depot loses😳
@1982nsu
@1982nsu 3 жыл бұрын
lifethroughthelenseof happiness... I'd like to know if you would feel the same if people were stealing from YOU everyday?
@bom128
@bom128 3 жыл бұрын
I don’t get why this even have to be tolerated. We have armed security in most commercial establishments here in the Philippines. You won’t even dare to try any of those things here.
@NoNORADon911
@NoNORADon911 3 жыл бұрын
lol
@ricks.1318
@ricks.1318 3 жыл бұрын
Then simply, YOU folks DON'T have "Bleeding heart Liberals" running your country ........ The U.S. is very WEAK on "Disaplin"
@marcmelvin3010
@marcmelvin3010 3 жыл бұрын
Laws, rights, and liability are very different in our two nations, and as the fellow before pointed out, your nation isn’t infested with liberal scum running and ruining everything. How sad it is that the Philippines and even Russia look freer and safer in many respects than we do.
@lilolme69
@lilolme69 3 жыл бұрын
Because America is weak and will soon be taken over by another country. One side is brave enough to dare them and the other side is scared enough to let it go. I like the way this guy handles his shoplifters. He has a channel with several videos.... Gas Station Encounters.
@smithyman33
@smithyman33 3 жыл бұрын
Could you imagine if a retail stores security shot an “unarmed black man”?
@arribaficationwineho32
@arribaficationwineho32 3 жыл бұрын
Home Depot needs more employees to start, it is like shopping in a ghost town. Check receipts at the doors.
@Primalxbeast
@Primalxbeast 3 жыл бұрын
Those places are so huge that you need to bring a Sherpa with you to bring provisions. They really do need to have employees to help you find stuff if you're not like a construction worker or something who is used to finding their way around the store.
@kahnfused1
@kahnfused1 3 жыл бұрын
@@Primalxbeast anytime a home depot employee every asked me " can I help you " they disappear never to be seen again. They hire cheap and train them to say that. Then they stop short of training them to actually help.
@Primalxbeast
@Primalxbeast 3 жыл бұрын
@@kahnfused1 And if someone disappears in a Home Depot, you'd have to call in search dogs to find them. 👻
@randys6220
@randys6220 3 жыл бұрын
Checking receipts at the door is complicated now that you have people refusing to show receipts at the door even when they have one and exiting the store. There are people doing this while recording and placing on KZfaq. Many are so called "auditors" stating they are standing up for their rights.
@shadowgarr7649
@shadowgarr7649 3 жыл бұрын
How can someone show a receipt if they choose the email option? Besides once I pay for the item, no one touches it.
@Maxdouble07
@Maxdouble07 3 жыл бұрын
These are why prices going up because of thieves like this....smh.
@ldbagwell
@ldbagwell 3 жыл бұрын
Yep, that is why me drill costs so much. Thanks thieves.
@BattleOfBowties
@BattleOfBowties 3 жыл бұрын
Now I know where those brand new tools come from on Craigslist.
@kema93_
@kema93_ 3 жыл бұрын
Remember the BLM stealing for a couple of weeks back when they were doing the so called peaceful protest
@reidflemingworldstoughestm1394
@reidflemingworldstoughestm1394 3 жыл бұрын
The real thieves are large shareholders and corporate executives. 100,000 people on the ground stealing cartfulls here and there couldn't diminish your buying power the way the wage gap has in the last 12 years.
@sjakierulez
@sjakierulez 2 жыл бұрын
0,0778%, that is how much the thieves cost them, so that is how much they can raise prices
@brunocogeneralcontractors9046
@brunocogeneralcontractors9046 2 жыл бұрын
Thanks CNBC, that was super informative!
@midengineZ06
@midengineZ06 3 жыл бұрын
I worked at home depot a long time ago, the problem I saw is with the store managers stealing large items from them! marking them down as damaged witch you have to throw them in the trash but they go to the manager's friends and family.
@mikeypeinado383
@mikeypeinado383 Жыл бұрын
Nice that’s smart
@patricksheehan8157
@patricksheehan8157 2 жыл бұрын
This has been going on for decades. I worked as a kid for a grocery store on the Baltimore city line back in the 90's. Shoplifters would literally mad rush the store and clear the shelves of many things. I remember batteries and baby formula being a huge target. They came in numbers and security couldn't stop them all. The products ended up on unfortunately on small retailers shelves in the city. I imagined they either directed them or paid peanuts.
@user-iv6ty3cd5i
@user-iv6ty3cd5i 2 жыл бұрын
Maybe in your area but there’s MANY decent areas where this normally doesn’t happen.
@Gazooo29
@Gazooo29 3 жыл бұрын
Here I’m here saving for new packout cases, yet these people take a full cart of tools with them.
@zephsmith3499
@zephsmith3499 2 жыл бұрын
That's the real hidden cost. If you measure this in just dollars, they said that the losses amounted to less than a million per billion of sales; if each billion of sales produces, say, $20 million in profits (after all costs), that's less than 5% of profits. Stopping it could cost much more, directly (eg: more security) or indirectly (lawsuits). So they decide whether or not some measure is worth it. But the social cost is a society where people feel that others are openly getting away with crime while they have to work their butts off. Over time that corrodes the social contract, leads to some negative outcomes. Joining the thieves is one possibility, but there are others.
@jpcolvin12
@jpcolvin12 3 жыл бұрын
All I saw was law enforcement going after pawn shops. Passing laws to take down pawn shops.
@Esuper1
@Esuper1 3 жыл бұрын
Because... pawn shops are the fencers? Any of this registering? Stop smoking so much weed man.
@palillo2006
@palillo2006 3 жыл бұрын
Let me guess, shop lifting got bad when they installed the self checkouts. Why not pay for more cashiers?!! There are no self checkouts at Lowes and it would be pretty difficult to walk out of things from that store. The lanes are close tight and blocked if not in use.
@tacticalteddy5556
@tacticalteddy5556 3 жыл бұрын
I dont know what lowes your talking about cause everyone ive been in in the last 5 yrs has them.
@palillo2006
@palillo2006 3 жыл бұрын
@@tacticalteddy5556 There are 3 in my area and non have self checkout. Even the one in a really expensive neighborhood doesn't have self checkout either. But all the HD around my area have self checkout.
@scott4036
@scott4036 3 жыл бұрын
My local Lowe’s has self check out
@tacticalteddy5556
@tacticalteddy5556 3 жыл бұрын
I would rather not have them. Cause if im gonna do the checkout clerks job i should get the employee discount. I hate having to use them when im in a hurry and avoid them as much as possible but they make it hard.
@raymond19001
@raymond19001 3 жыл бұрын
@@tacticalteddy5556 Your comment made me laugh and reminded me of a story. I was in a bathroom and the hand towel holder was empty. On the shelf there were extra rolls so I opened the dispenser and put in a new roll. A man was standing there and told me I should not do that because it was a Union Job.
@putin6018
@putin6018 4 жыл бұрын
Hello, I'm a very successful shoplifter in Chicago
@user-jh4vh1pf5t
@user-jh4vh1pf5t 3 жыл бұрын
Hi
@SPEAKEASYAZ4895
@SPEAKEASYAZ4895 3 жыл бұрын
They need to have clerks at the doors like Costco, no receipt, call supervisors.
@jimziemer474
@jimziemer474 3 жыл бұрын
LOL. Like that would stop them. I pay for my items and I usually don’t waste time stopping again. I already paid for the item. I’m not waiting in line again.
@randys6220
@randys6220 3 жыл бұрын
That is complicated by the fact now you have many people creating a situation by walking past the receipt checkers at stores and refusing to show their receipts. Some of them do this while recording and place the interaction on KZfaq. Many of the recorded & posted incidents occurs at Walmart.
@sflo985
@sflo985 3 жыл бұрын
The difference is at Costco you need a membership to even get in the door.
@19grinch77
@19grinch77 3 жыл бұрын
They treat their staff so poorly that they don't care unless the store manager is in house that day.
@davidperry4013
@davidperry4013 Жыл бұрын
Merchandise display locks can be circumvented with bolt cutters, hammers, cutting power tools, and ramset guns, and there are organized retail criminals that are smart enough to do that. To curtail organized retail crime, incorporate choke points and making the entrance doors entrance only unless there is an emergency as well as adding Public views monitors at every self checkout, the entrances, exits, and pro pickup zones. Also we need state laws all across the United States that will make retail boosting an automatic felony.
@GallowsPole805
@GallowsPole805 Жыл бұрын
California: “Lol…good luck.”
@PeppermintSwirl
@PeppermintSwirl 4 жыл бұрын
I hear the Home Depot theme
@DavidEricPrates
@DavidEricPrates 3 жыл бұрын
Facebook Marketplace is plagued with these people. If you try to report it through FB, it appears they don't stop them.
@kitfisto1827
@kitfisto1827 3 жыл бұрын
What do you mean "these people" ?😄
@certainly2509
@certainly2509 3 жыл бұрын
@@kitfisto1827 He means the thieves. Don't be insinuating color of people. There's enough problems in the world without the need to create imaginary problems.
@ScarrednCharred
@ScarrednCharred 3 жыл бұрын
But fb is on the spot if they deem something "offensive"
@1982nsu
@1982nsu 3 жыл бұрын
FaceBook is only concerned if you express anything while wearing a MAGA cap.
@papabits5721
@papabits5721 3 жыл бұрын
He was arrested and was back out that evening, and what Facebook channel was that drill on?
@jjsjunction7994
@jjsjunction7994 3 жыл бұрын
It’s a bigger issue then most people realize and it’s not just happening at Home Depot either !!!! It’s crazy how prolific this issue actually is!
@stanleykeith6969
@stanleykeith6969 3 жыл бұрын
The store people are not allowed to stop them. They could get hurt and then lose there job.
@bfun4615
@bfun4615 3 жыл бұрын
I was a part time employee who pursued a fraud crime suspect (using a fake credit card). I got WRITTEN UP because I could've have been hurt or killed according to the box store we are watching.
@letsgobrandon987
@letsgobrandon987 3 жыл бұрын
Home Depot needs to just put some stiff at the door checking receipts like Costco does. It may not stop it but will severely hamper it.
@albertsenchenkov7894
@albertsenchenkov7894 2 жыл бұрын
Dude who walks into HD with a hoodie pulled over and buys 6-8 chainsaws at once and no one stops him lol
@boathousejoed9005
@boathousejoed9005 2 жыл бұрын
It's not just the big box chains.And from what I've observed employees are often complicit.
@dagored6863
@dagored6863 3 жыл бұрын
I wonder if the boosters figured out a way to steal lumber, wood is getting more expensive than power tools
@tj7179
@tj7179 3 жыл бұрын
Lol I'm guessing, like that guy did walk straight out the store and spray pepper spray
@isaiahsspontaneouscontent9111
@isaiahsspontaneouscontent9111 3 жыл бұрын
I was thinking the same thing 😅
@nomad2611
@nomad2611 3 жыл бұрын
A truck driver got his load lifted a week ago which was destined for Menards lol
@aspektx
@aspektx 2 жыл бұрын
It's actually a nationwide issue. You can track building materials prices online. It appears to be Covid related. The supply lines are just now catching up.
@anne-mariewirth4396
@anne-mariewirth4396 3 жыл бұрын
How bout just THOU SHALL NOT STEAL. End of problems. Do the right thing.
@Red-Raider
@Red-Raider 3 жыл бұрын
How long has that been around? Do the right thing? Evidently your limited understanding of where “thou shalt not…” ends there. Do the right thing does not work with the sinner!
@amigo4909
@amigo4909 3 жыл бұрын
The green Home Depot shirt at about 1:26 where to buy?
@numberoneduno7265
@numberoneduno7265 3 жыл бұрын
In California, they won’t arrest you if what you stole is less than $950.
@XiledGamer00
@XiledGamer00 3 жыл бұрын
Make sure you steal a calculator to make sure you don't go over $949 lul Heard this one dude stole a $650 gun. Now they can get away with 2 crimes at the same time.
@robjohnson8522
@robjohnson8522 3 жыл бұрын
One of the reasons why Cali is such a safe, clean and pleasant place to live! ; )
@danbuchner28
@danbuchner28 3 жыл бұрын
I'm glad to see that Home Depot is cracking down on these crooks. They and the pawn owners need to go to jail.
@jakepyrett1715
@jakepyrett1715 3 жыл бұрын
Are they really? The media portrays the store as the employees are not allowed to stop them. And let them take whatever they want and go home. Obviously a whole warehouse full of stolen merchandise is not the pawn owners fault. It's the stores wide open door policy
@danbuchner28
@danbuchner28 3 жыл бұрын
@@jakepyrett1715 Yes, they are. I used to work there. It is true that the employees are not allowed to confront shoplifters. The company has indeed started cracking down with loss prevention.
@danbuchner28
@danbuchner28 3 жыл бұрын
@@PunishedGayMelGibson Stealing is a crime. Home Depot was hit hard with shoplifting when I worked there. I'm glad they're finally taking action against these common thieves.
@utah2nyc250
@utah2nyc250 3 жыл бұрын
Their profit took a hit lmao 🤣 ok Home Depot have a 178% profit increase this year alone
@klong024
@klong024 3 жыл бұрын
By their own figures their "cost to the industry per billion" is .007%.... And they're threatening to pass it on to consumers. Or you know, just using it as another reason in the long list of excuses to justify jacking up prices again......
@zephsmith3499
@zephsmith3499 2 жыл бұрын
@@klong024 0.088% of gross sales actually, but higher when compared to net profits. The good news is that honest customers are buying FAR more than thieves are stealing. If 5% of customers stole instead, they would go out of business or raise prices. At the current rate, they only have to raise prices by less than 1% to cover the losses (that is, raising prices by 1% would provide more than enough extra gross profit to cover the losses).
@dencon1
@dencon1 2 жыл бұрын
Whats with the brake caliper on the outside of the wheel at .38 secs.
@crimony3054
@crimony3054 3 жыл бұрын
I wish I needed the stuff they sell, but I don't have any use for a Makita cordless chain saw.
@santosf1107
@santosf1107 3 жыл бұрын
You can buy pallets of home depot tools and they are returns doesn’t mean they are stolen
@katemiller7874
@katemiller7874 3 жыл бұрын
These criminals know they can get away with it. Put a cop at the exit.
@kellimartinmlle777
@kellimartinmlle777 3 жыл бұрын
They need to hire experienced LP and pull off the restraints. Walmart make it an easy target due to LP being handcuffed by Walmart policy. Over 30 years in LP, and highly trained people is a must.
@funnyharleyman
@funnyharleyman 2 жыл бұрын
I’ve noticed tool prices are climbing big time. The 12-inch Makita glide miter saw I was looking at a short time ago went from $899.00 to over a thousand now. The Dewalt table saw on a collapsible stand went from $589.00 to $649.00. So which is it, the retailers? The manufacturers or a combination of both? It’s like those little refrigerators in your hotel room, lower the freaking prices and I’ll buy it!
@nickm4974
@nickm4974 2 жыл бұрын
Naw everything is up. Raw materials and tools
@jungletension2835
@jungletension2835 2 жыл бұрын
Every time I go into a Lowe's or Home Depot the security alarm goes off nobody even looks towards the door except me
@Melo_Alienware
@Melo_Alienware 4 жыл бұрын
At the end the police station sells are goods at a auction so the crime continues if the police station collects the money !!
@Arz2003
@Arz2003 4 жыл бұрын
It's a cycle like you said
@Melo_Alienware
@Melo_Alienware 3 жыл бұрын
@SEC Securities and Exchange Commission I used to work for a store and if i remember correctly when i person is catch steeling the person is arrested and next day released but the merchandise gets thrown away !! anyway your still collecting money for stolen property and the tax is just a man made way to collect money from working people so politicians can sit at home if the police station collects the money $$ so the tax shod be adjusted for home owners since many home owners pay tax for police stations you can not collect money + homeowners tax at the same % so what happens to the money the police station will collect is it pocketed or its it used to adjust the % so home owners can pay less tax since the police stolen lets say made 100K in stolen property or is the money donated and the is proof its bin donated to a hospital even if its donated to schools the tax needs to be adjusted again for homeowners !
@junkjouster
@junkjouster 3 жыл бұрын
Great business plan "ultimately we will have to pass it on" when has that never not been the case?
@schneider9615
@schneider9615 3 жыл бұрын
Even the steel shelves were stolen from HD! Amazing!
@rickdarris6152
@rickdarris6152 3 жыл бұрын
I can't think of a single reason why shoplifting has skyrocketed...
@ChrisHarmon1
@ChrisHarmon1 3 жыл бұрын
"How is it that they can sell it for even less than a big box retailer can even buy that product for?" Well, I guarantee home depot buys a drill for $20 and then sells it for $120, $99 on "sale".
@matt.squarebody5427
@matt.squarebody5427 3 жыл бұрын
That's funny because retailers make next to nothing per sale, they make their money in other aspects of the business or other products. But I DeWalt drill that was $120 at home Depot was genuinely probably $99 out the manufacturers door...
@zephsmith3499
@zephsmith3499 2 жыл бұрын
If they can buy it for $20 new from the manufacturer, then it will be far cheaper at some other store or at Amazon. More likely they buy for $90-100.
@noname4u2see
@noname4u2see 3 жыл бұрын
remember a store called Service Merchandice? everything in the store was a bolted down or non working or demo unit display item. you had to pay for your item then wait for it to come out of the back warehouse.
@meseone920
@meseone920 3 жыл бұрын
I don’t remember that store or they didn’t have one where I lived. However I know circuit city moved to a similar model for higher priced items. CDs, movies, cases and small priced items stay on the floor. Mid value were in locked cabinets on the showroom floor and higher priced items were rang up/paid for and the item would come out at customer service from the back warehouse. They had working demos that were secured down or behind display cases. The retail industry went to a customer needs to touch it to but it model and self service as ways to cut down cost, but this may actually be costing them more.
@randypoffo5634
@randypoffo5634 3 жыл бұрын
In Canada there was a retailer called Consumers Distributing with the same concept. They had a catolog u look thru then filled out a card with what u wanted. Hand it to the cashier and it would be passed to a "picker" who would go into the secured warehouse and 5 mins later u had ur goods. Sadly they closed but were in business for 40+ yrs.
@euphoricmonk
@euphoricmonk 3 жыл бұрын
@@randypoffo5634 Probably from Sloooooow sales..that's core issue here having effective security with fast end user sales balance..
@randypoffo5634
@randypoffo5634 3 жыл бұрын
@@euphoricmonk the company had 1 billion sales one year in the early 90s. They had over 200 retail locations in Canada and throughout the eastern US. I worked at 1 in high school and it was a great company to work for. The internet killed the concept.
@euphoricmonk
@euphoricmonk 3 жыл бұрын
@@randypoffo5634 Ahh gotcha, the flip side to the internet is some businesses faded away.
@User-gfys-0icu81
@User-gfys-0icu81 3 жыл бұрын
I worked as a vendor, fixing all the merchandise racks as well as the uprights in the lumber department. I worked in the stores nationwide, on the graveyard shift. I seen people literally walk out the doors with THOUSANDS of dollars of merch. And I’m talking about OTHER VENDORS! 😂😂😂
@johnquest1044
@johnquest1044 3 жыл бұрын
Shrinkage, I was in the pool!
@brycegeorge37
@brycegeorge37 4 жыл бұрын
yes but how are the thieves being punished? I've seen thieves walk out the door, no one called the cops, no one tried to stop them
@randybradley4151
@randybradley4151 4 жыл бұрын
I was at Walmart and came into view with a guy that had an entire armful of 4K UHD Blu-rays and he had been there grabbing more because he casually put them in a reusable black grocery bag and had another 3 bags already full. He picked up the bags and casually walked past 3 Walmart employees that were just standing there talking then right through a self checkout opening where there was another 2 employees then past the customer service desk where there was 3 more employees and past the greeter and the censors beeped but the greeter just said it was fine. In all the while at each stop I was mentioning it to each employee without them doing diddly squat.
@randybradley4151
@randybradley4151 4 жыл бұрын
I think the reason is because they don't want any confrontation and they get the insurance back for stolen merchandise.
@brycegeorge37
@brycegeorge37 4 жыл бұрын
@@randybradley4151 yes but if they are never really punished for misdeeds they're just gonna do it again
@shatterdreamz2325
@shatterdreamz2325 4 жыл бұрын
@@randybradley4151 whos willing to fight and possibly get injured for minimum wage? Plus risk being sued for excessive force or some shit...
@randybradley4151
@randybradley4151 4 жыл бұрын
@Iansain the great I totally agree with you and was thinking the same damn thing.
@domev9287
@domev9287 3 жыл бұрын
I stopped caring when they said it was 800k per 1billion in sales.
@cameronanderson1181
@cameronanderson1181 3 жыл бұрын
Literally paused and did the math..... not even 1% of their sales.....
@jkjkjk100
@jkjkjk100 3 жыл бұрын
So it made it okay? Why don’t you steal a penny from every person in america.
@jkjkjk100
@jkjkjk100 3 жыл бұрын
@Johnson Taylor stealing for corporations is as bas a stealing from anyone.
@lightseek88
@lightseek88 3 жыл бұрын
@@jkjkjk100 def. Not the same. But ur probably being sarcastic based on ur chosen name. Anyways the math in those loss numbers is like losing 7 cents per hundred dollars I believe or 70cents per every thousand dollars, pretty much the perverbial drop in a bucket type number.
@jkjkjk100
@jkjkjk100 3 жыл бұрын
@@lightseek88 okay. You should give me 7 cents for every 100 dollars you make. We’ll see how you feel. since 7 cents okay, next i will go to 8 cents, then 9,10 cents etc....
@salvatorechirico3783
@salvatorechirico3783 3 жыл бұрын
We need this kind of action here in Vegas.
@jonathanlimon6560
@jonathanlimon6560 Жыл бұрын
As a tradesman you don’t mess with anyone’s tools. I’ve learned that lesson at 17 when I lost a $8 impact bit I borrowed and what I thought would be a cool situation from a normally nice and calm coworker turned to me getting almost getting in to a fight, but later realized that it was a lesson. A man’s tools is a how he make’s money and a living especially a tradesman. Another experience is someone stole tools out of a jobsite conex and the gc held a meeting and said when he finds out he’s going to personally make sure he screws with their money somehow.
@1958indyfan
@1958indyfan 3 жыл бұрын
"Can't you absorb this?" WTF is the matter with you woman? If somebody starts taking money out of your paycheck every week eventually you are either going to find out who and stop it or ask for a raise.
@brianwideman2342
@brianwideman2342 3 жыл бұрын
It was a pre- loaded question for the interview. Common practice.
@santiagovasquez1404
@santiagovasquez1404 3 жыл бұрын
700 or 800 k is 8/10 of 1% of a billion hd runs a margin of about 30% not saying its not an issue, but don't get sidetracked its cute how 700 is emphasized and 1 billion sounds so small. a billion is a thousand million. under 1% means they are doing a really good job at this cat and mouse job.
@LogoBallers
@LogoBallers 3 жыл бұрын
Big businesses like that have to account for loss due to theft.. it sucks but it is what it is.
@mikeicee
@mikeicee 3 жыл бұрын
Lol check your paycheck, you might be surprised 1/3 of it is gone.
@santiagovasquez1404
@santiagovasquez1404 3 жыл бұрын
@@mikeicee so your a liertaian. so tel us please how do you get around using pubic ways.? maybe you own s car. how do you gas up the car. its alwsys a libertaian that feels they are getting ripped off but are thd frist to be sucking up the benifits of society. if society followed your model progress would stop. industry would stop 90% of your efforts would be you just trying to stay alive. so 1800 welcomes you.
@Ogrematic
@Ogrematic 3 жыл бұрын
There is a very easy way to stop this. Put kiosks in front of the store and don't let customers inside. You pick what you want from a computer screen, pay, then an employee brings out your stuff. Problem solved. Zero theft.
@jimziemer474
@jimziemer474 3 жыл бұрын
Stores are already moving to online. Pretty soon there will not be many retail stores. That business model probably doesn’t work well with home improvement stores.
@kenbrownfield6584
@kenbrownfield6584 3 жыл бұрын
Not a bad idea
@Ogrematic
@Ogrematic 3 жыл бұрын
@@kenbrownfield6584 Thank you.
@Ogrematic
@Ogrematic 3 жыл бұрын
@@jimziemer474 Well, it would cost a lot to have like lumber, drywall and mud delivered. You could order it online then pick it up like H D Pro.
@tombrewsaugh1399
@tombrewsaugh1399 3 жыл бұрын
You can't pick lumber through a computer screen. You'll end up with all the warped, twisted , cracked, and knot filled stuff you couldn't build a dog house it of.
@sn5301679
@sn5301679 3 жыл бұрын
How about costco? Did they have same problem? Since you need member card??
@KushGreen
@KushGreen 3 жыл бұрын
Damg we go steven Spielberg with the camera angles on a Home Depot story
@mcmark9780
@mcmark9780 3 жыл бұрын
Shut these pawn shops down!
@Cocora22
@Cocora22 3 жыл бұрын
Pay off duty police officers to come and work on their days off. Do what Costco does but much better. Every person must show the receipt verifying they paid for the item prior to exiting. I don't mind if it saves me from subsidizing criminals. I guarantee you Home Depot will save money.
@abnnuzzinicholasclay686
@abnnuzzinicholasclay686 3 жыл бұрын
770k out of a billion is less than 1% why is this a story? Tax is 13% whats the big deal. The feds are skimming at a way higher rate than people stealing merchandise .
@abnnuzzinicholasclay686
@abnnuzzinicholasclay686 3 жыл бұрын
Mine as well put Gestapo at every exit ams bar codes up every ones buts. We live in America dude you dont have to turn a store into a prison. Make products cost more for more security. Just enforce the law. Punish people where they dont want to do it again
@jimziemer474
@jimziemer474 3 жыл бұрын
Well, you are supposed to show the receipt (per your membership agreement). If the line is too long I just walk out. A criminal would do the same. The receipt checker is just for honest people. It wouldn’t stop a criminal.
@abnnuzzinicholasclay686
@abnnuzzinicholasclay686 3 жыл бұрын
@@jimziemer474 sounds like stop and frisk
@shantor100
@shantor100 3 жыл бұрын
@@abnnuzzinicholasclay686 you wouldn't think that if it was your money and what if your cable bill doubled because of theft and they said hey it's only $100 more
@JohnB-uf7ft
@JohnB-uf7ft 2 жыл бұрын
Home Depot has a no confrontation policy. On rare occasion they have asset protection officers in the building. They cannot follow the thief into the parking lot. If the employee deviates from this policy, they are fired. Therefore, shrinkage will continue to be a major problem at the Home Depot.
@cayrick
@cayrick 3 жыл бұрын
i shop at a big box store called Pricesmart its like Costco. There is a guy at the front door that checks the cash register receipts as shoppers leave the store. Maybe Home Depot needs to consider the same.
Outsmarting shoplifters
4:13
CBS Sunday Morning
Рет қаралды 456 М.
Man, woman, kids walk out with lawn mower from Home Depot
6:52
WPLG Local 10
Рет қаралды 1,1 МЛН
What it feels like cleaning up after a toddler.
00:40
Daniel LaBelle
Рет қаралды 89 МЛН
Countdown to the 2024 election: Day 92 | MSNBC Highlights
57:14
10 Secrets Walmart Doesn't Want You To Know (Part 2)
13:02
BabbleTop
Рет қаралды 3,5 МЛН
Walmart Shoplifting Sisters Go Nuts When Caught
18:07
Crime Scene Cam
Рет қаралды 6 МЛН
What Happened To Google Search?
14:05
Enrico Tartarotti
Рет қаралды 3,1 МЛН
When Shoplifters Think They're Above The Law
18:16
Dr Insanity
Рет қаралды 2,9 МЛН
80 Year Olds Share Advice for Younger Self
12:22
Sprouht
Рет қаралды 1,7 МЛН
Medical robots - the future of health care | APA Group
1:54
APA Group
Рет қаралды 43 М.
The $2.1 Billion McDonald's Machine
10:35
fern
Рет қаралды 1,7 МЛН