It can ruin the victims life just as much as non-lethal violence (taking away a person's source of income, or transport required to keep a job, or wrecking a business they've spent many years building), but many take the 'it's only property, it's probably insured!' attitude.
And many at least see stealing from 'big nasty corporations' as relatively OK. But if people keep stealing from businesses until they close down or relocate and there's no easy shoplifting targets, will the thieves stop, or will they move on to stealing from homes?