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