• Mongostein@lemmy.ca
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          1 year ago

          “We have not seen any material reaction from consumers,” P&G CFO Andre Schulten said. “So that makes us feel good about our relative position.”

          There it is folks. Straight from the horse’s mouth. They won’t do what’s in the best interest of humanity without “material reaction” (ie; an arsonist or maybe even something more extreme.)

        • IverCoder@lemmy.world
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          1 year ago

          Not an American, isn’t there a limit on how you can raise prices? At least in my country we have "SRP"s (suggested retail price) and whoever exceeds that will need a good reason to do so, and simply citing theft will not be an enough reason.

          • Wilziac@lemmy.world
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            1 year ago

            We have the MSRP (Manufacturer Suggested Retail Price), but that’s not given for every product, but more importantly it’s exactly what it sounds like; a suggestion. There’s no governing body to make sure stores are in line with MSRP.

      • LetMeEatCake@lemmy.world
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        1 year ago

        If they concluded that they could raise prices to increase profit, they’d do so regardless of theft rates. Those are separate issues.

    • Saik0@lemmy.saik0.com
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      1 year ago

      Well… I suppose they’d have to lose more than minimum wage… in my state that would be ~$14/hr. Let’s call it 20/hr because of benefits and incidental cost of staffing.

      Do your part! (/s)

    • FierroGamer@sh.itjust.works
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      1 year ago

      Where I’m from you still have to go through someone who makes sure all of the shit in your cart is in your receipt, it adds like 30-60 seconds and it’s a single employee for six checkouts.