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Mountaineer and wild swimmer Pete Kelly on his new book Wild Swimming Walks

CNN Smerconish November 27, 2021 14:20:00

city every week. i see so many boarded up for whatever reason. michael, you know your detail retail well. and you and team reported well earlier this week, nordstrom s stock dropped 30% in a day. in the prior quarter, dropped 20% in a day. because when you lose sales for every $300 that s stolen from a nordstrom s or anywhere else, $3 of that $300 of merchandise is recovered. so nordstrom operating on one cent of every dollar of sales profit. nordstrom s has to sale $300,000 worth of product, michael, to make up for every $300 worth of theft. here s some of the shoplifting data. i ll put a slide up that shows the prepandemic rate of 0.70 to 1%. versus 2020. 1%. 2021, 1.7%. and i see, you know, it s a 0.7%

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