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Old 08-22-2023, 05:15 PM   #6
Locke
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Quote:
Originally Posted by Strange Brew View Post
I think some of these companies are using claims of rising theft to obfuscate poor performance. What I saw from that earnings transcript gave very little detail behind the shrinkage issue. While I don’t deny it may be on the rise, I’m not convinced it is driving poor margins as much as they would want you to believe.
Its probably '6 of 1, half dozen of the other.'

The prospect of operating 'Brick and Mortar' is absolutely brutal at the moment...

Rents go up, Utilities are through the roof, insurance is insane, common costs are skyrocketing....

The thing is, all of these costs and expenses are connected. The business has to raise rates, everyone else has to follow suit and round and round we go, where it stops nobody knows....
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