People

Sorry, no results were found.

Circles

Sorry, no results were found.

Posts

12/10/2022

Rising thefts at Walmart could lead to price jumps, store closures, CEO says, December 6, 2002:"Walmart isn’t the only big-box retailer dealing with an uptick in theft. Last month, Target

Chief Financial Officer Michael Fiddelke said shoplifting has jumped about 50% year over and year, leading to more than $400 million in losses in this fiscal year alone.



Most of the shoplifting is organized retail theft, rather than petty theft, Fiddelke said."

https://www.cnbc.com/2022/12/06/walmart-ceo-says-shoplifting-could-lead-to-price-jumps-store-closures.html

#Walmart #Theft #Shoplifting #OrganizedRetailTheft #ORC #PettyTheft #RetailTheft

Walmart stores are grappling with a jump in shoplifting that could lead to price spikes and closures, Walmart CEO Doug McMillon said Tuesday

www.cnbc.com

Videos

Sorry, no results were found.

People

Sorry, no results were found.

Circles

Sorry, no results were found.

Videos

Sorry, no results were found.

Posts

12/10/2022

Rising thefts at Walmart could lead to price jumps, store closures, CEO says, December 6, 2002:"Walmart isn’t the only big-box retailer dealing with an uptick in theft. Last month, Target

Chief Financial Officer Michael Fiddelke said shoplifting has jumped about 50% year over and year, leading to more than $400 million in losses in this fiscal year alone.



Most of the shoplifting is organized retail theft, rather than petty theft, Fiddelke said."

https://www.cnbc.com/2022/12/06/walmart-ceo-says-shoplifting-could-lead-to-price-jumps-store-closures.html

#Walmart #Theft #Shoplifting #OrganizedRetailTheft #ORC #PettyTheft #RetailTheft

Walmart stores are grappling with a jump in shoplifting that could lead to price spikes and closures, Walmart CEO Doug McMillon said Tuesday

www.cnbc.com