Gerry Harvey has called for consideration of this.
“In a lot of our stores overseas, where we’ve got the security people, they’ve got guns on them.
“Now if those kids knew there was a security guard there with a gun on him, they would not have gone in.”
In my experience employee theft is a higher cost to retail businesses than shopper theft. But my data is from indie small businesses. Maybe in Gerry’s stores, people do walk out with washing machines and fridges.
I think the last thing we need is armed guards in retail. But, hey, Gerry loves a headline and he sure got that this week with this pitch of his.
I’d like to see evidence on what is being stolen by store type. This could inform a more educated and less shrill discussion.
He has $2billion dollars to say that he is an idiot and he made it all out of retail.Gerry is talking about overseas not Australia.
He also likes to as Mark says “grab a headline or two”
https://www.2gb.com
Sorry, I stopped reading there
Gerry made his money being a landlord.
The retail outlets cash flow and profits bought the buildings then the buildings were leveraged to continue the successful process. He and Norman also sold for a fortune Norman Ross to Alan Bond then went into opposition with Bond and sent it broke.
Don’t under estimate him his track record has not not been built on luck.