Walmart is the latest retailer to call out a rise in theft at stores.
Shoplifting has gotten so bad at Walmart stores that the retail giant may shutter locations in areas where local governments are taking a soft-on-crime approach, the company’s boss said.
“Theft is an issue. It’s higher than what it has historically been,” McMillon said during an appearanceon Tuesday. “We’ve got safety measures, security measures that we’ve put in place by store location. The Walmart CEO did not elaborate on how many stores could be in danger of closure, or where the closures might occur. The Post has reached out to the company for further comment.Walmart has more than 10,500 stores around the world.McMillon added that Walmart takes a “city by city” and “location by location” approach to how it handles shoplifting.“It’s store managers working with local law enforcement and we’ve got great relationships there for the most part,” he said.
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