Security And Theft news and trends

Walmart CEO: ‘Historically’ High Thefts Could Trigger Price Hikes

December 07, 2022
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Walmart CEO: ‘Historically’ High Thefts Could Trigger Price Hikes

December 07, 2022
Walmart’s CEO says the retailer could raise prices if authorities can’t curb “historically” high shoplifting. Speaking to CNBC Tuesday (Dec. 6), Doug McMillon said theft at the company’s stores is “higher than what it has historically been,” joining a chorus of retail voices warning against a nationwide rise in shoplifting. He added that Walmart has its own […]