Or at least put those self check registers up front and just hire tight security. Business owners started their own business for a reason, and I'm sure some would just close doors, and look more unemployment.
PS. I said not "emotionally" because I don't need a spiel on kindness, and equality.
?: You normally takes cuts from other parts of your budget to make up for the doubles wages, normally this will be employee bonuses, and special programs. They also stay open because they need to maintain their market presence otherwise other competitors will take their market share.
> why wouldn't I close?
because you are in competition with every other similar business
and every other competitive business is seeing exactly the same increase in costs.
So there is no loss of competitition
and everyone else will increase their costs/prices accordingly and in exactly the same way.
The field will remain the same and level.
What kills your business 'profit' is you having an expense that someone else does 'not have'. eg your building. or parking space rent goes up, etc… where others does not…
As long as the increase is equal to everyone else's – not a problem.
is hated by many… and you will lose their business…
will have the same wage problem… so not really a solution
.. especially if the majority of your "honest" shoppers don't want like to be constantly checked and searched…. they too will go elsewhere ( I know I would).
Even shops using self-scanning gun's, use random checks very very rarely .. because of exactly this this problem (and very very few customers cheat.. .a few accidents double scanning as well as missing/faulty scanning – not operator error).
So all in all, not worth it being suspicious of customers…
people will pay more to be trusted / get through faster.
Higher wages do put pressure on businesses with tight margins like supermarkets and small businesses that don't have the economy of scale to afford greater labor costs. A large enough increase in wages will force some of them to close.
Of course, you don't operate a for-profit business unless you expect to have money left over after paying your expenses. Anyone with time and money invested in a business is likely to try to find a way to keep it going when their costs increase. Usually, the first thing you do is look to cut something to make up the difference. For rising wages that generally means you cut back on employees, their hours, and their benefits first.
You still need employees to stock, change prices and monitor the stupid self checking machines…they almost always have issues that need human intervention.
realistically, some will close, others will find ways to hire fewer people