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The Michael Berry Show

Crime Is Driving Businesses Out Of The Big Cities

The Michael Berry Show

KTRH

Society & Culture, News, Politics

4.72.3K Ratings

🗓️ 18 May 2023

⏱️ 8 minutes

🧾️ Download transcript

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0:00.0

The Michael Barry show with prime out of control in America's big cities. Look at what

0:07.7

happened in Chicago, New York, Seattle, Portland, Austin, Minneapolis. A story coming out

0:20.5

of I believe it's business insider that says that Target is said, let me see. You know what?

0:31.6

I read the headline. Target expects to take a $500 million hit this year due to missing inventory.

0:41.2

Shoplifting and organized crime largely to blame. $500 million. The CEO Brian Cornell says it's an

0:55.6

urgent issue, not just for Target, but across the entire retail industry. Retailers say that

1:04.1

shoplifting is becoming a bigger issue and are taking steps to crack down on it. Well, what's

1:11.1

interesting about this is big retail can absorb more loss. Small retail was partially lost by

1:24.6

designed during COVID, shut a business down. You put them out of business and that happened. I'll

1:34.3

tell you what I saw in my own life in the greater Houston area and I'm sure this is true where you live.

1:39.5

I saw multi generational businesses. That's special when somebody runs a business at their

1:47.8

grandmother started 80 years ago. You don't just start another business like that. You still got

1:56.0

the same old sign if not out front that on the wall. Maybe still using old fashioned cash register.

2:03.4

You go in there and the memories. The smell is the memories. The people for your parents' generation,

2:13.1

you've watched, you've watched the owners as children grow up into owners, have their own kids,

2:20.9

if they raise up through the business, who then have their own kids, who they raise up through

2:25.6

the business? Maybe it expands, maybe it buys the business next door that goes, we went out of

2:31.8

business in 77 and by 80 they were able to buy it and expand a little and add a coffee shop or a

2:38.0

new line of products. You put all those businesses out of business. Well, the big boys didn't mind small

2:47.1

business going out of business. The big boys don't mind the local flavor being gone. They're just a

2:55.3

place to transact business. Here's the good at a cheap price because we buy in volume.

3:06.2

We can sell it to you for less, but they don't care about the community. If you're the head of the

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