r/PublicFreakout • u/gravityVT • 11h ago

😭 Walmart Freakout 😫 massive walmart freakout

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380 Upvotes

95% Upvoted

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2

u/treesnfire 10h ago

So what I want to know is who replaces the merchandise - does the person causing it pay, does the store take the loss and salvage what they can or does insurance cover the cost

5

u/ATMisboss 10h ago

What can be salvaged will be then insurance will pay out the store the amount insurance is willing to pay out. The insurance then goes after the guy who inevitably can't pay but that's why the store pays for insurance so the insurance has more than enough money to cover it and all is fine

3

u/Ass_Matter 10h ago

Walmart is self-insured. So they'd just eat the cost.

1

u/ATMisboss 10h ago

Figures, they are big enough for it. This sort of shrink isn't the biggest deal to them

1

u/ContentInsanity 7h ago

It's insured and there are profit margins baked in. You would have to be aware of how things are truly priced or do an insane amount of damage to actually hurt the store.

1

u/treesnfire 4h ago

Thank you for info

1

u/splashaddikt 33m ago

Insurance