Good news for those of you looking to stretch your dollar! Lululemon just announced a brand new 100% off sale on all merchandise in their stores from now on!
This is in response to the story that went wide two weeks ago when a couple of thugs were confronted for robbing the store and then had 911 called on them, only for the company to throw their employees under the bus and fire them.
The CEO has now doubled down on firing his employees and refers to the company's longstanding policy against confronting thieves.
"We have a zero-tolerance policy that we train our educators on around engaging during a theft," Calvin McDonald told CNBC on Squawk on the Street.
McDonald said that the two female workers were not fired for calling the police but for confronting and challenging the looters as the thieves were grabbing clothing from the racks at the Atlanta location.
Of course, retail employees know this, for years, companies have had "no-confrontation" policies in place when it comes to shoplifting, or they have specific employees whose job is to handle shoplifters. But, unfortunately, those policies were crafted in a different world: One where it could be expected that police would actually pursue criminals.
Nowadays, these policies are nothing but guarantees that these companies will be robbed blind.
McDonald said the non-intervention policy is primarily for the safety of the employees. "It's only merchandise," he told CNBC. In the event of a robbery, workers are expected to scan a QR code to alert the management about what's happened.
"And that's that," he said. "We've been told not to put it in any notes, because that might scare other people. We're not supposed to call the police, not really supposed to talk about it."
"They're trained to step back, let the theft occur, know that there's technology and there's cameras, and we're working with law enforcement," he added.
This is not the least bit surprising from a company that is publicly "anti-capitalist."
Nothing is LESS capitalist than losing money and being robbed blind. So this does show a greater commitment to that cause.
And, since the company is also "anti-racist" and uber-woke, I'm sure this policy of letting people rob you blind falls under the umbrella of corporate equity.
This will totally boost their ESG score!
This policy may make sense in a world where theft rarely happens, but we don't live in that world.
