It’s the same reason people want to buy them. by Mark Dent.

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The HustleIssue #294
The Hustle, Sunday, March 31, 2024
Sunday, March 31, 2024

Why thieves love to steal razors

It’s the same reason people want to buy them.

BY Mark Dent

pharamcies have increasingly gained attention for locking up seemingly random items
razors are stolen up to 2.5x as often as other products
average number of cartridges use per year by the average person
razors have a high value per pound
cost of popular razors and their replacement blades
in the early 2000s Gillette Mach3 razors were the most frequently stolen retail item in the US & Europe
shrink in retail stores versus distribution centers
Gillette financials and margin
drawbacks of locking up items
Felson buys a standard razor and double-edge blades on Amazon
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