Welcome • User Guide
ToS • Privacy • Canary
Donate • Bugs • License

©2026 Poal.co

339
  • Walmart CEO Doug McMillon admitted that theft has become a major issue for the chain
  • Speaking on CNBC's Squawk Box Tuesday, he said that woke district attorneys' policies need to be 'corrected' or the company will be forced to raise prices or shut stores
  • McMillon did not specify which locations have experienced the record-high level of shoplifting, but stores in LA have had to lock up most of their inventory
  • Robberies there are up over 10%; critics blame DA George Gascon's policies
  • Shoplifting has also been reported at Walmarts in upstate New York, Mississippi, Tennessee and Florida
    . . .

https://archive.ph/fCT78

https://www.dailymail.co.uk/news/article-11508869/Walmart-CEO-warns-retail-giant-HIKE-prices-shut-stores-thefts-continue.html

> - Walmart CEO Doug McMillon admitted that theft has become a major issue for the chain - Speaking on CNBC's Squawk Box Tuesday, he said that woke district attorneys' policies need to be 'corrected' or the company will be forced to raise prices or shut stores - McMillon did not specify which locations have experienced the record-high level of shoplifting, but stores in LA have had to lock up most of their inventory - Robberies there are up over 10%; critics blame DA George Gascon's policies - Shoplifting has also been reported at Walmarts in upstate New York, Mississippi, Tennessee and Florida . . . https://archive.ph/fCT78 https://www.dailymail.co.uk/news/article-11508869/Walmart-CEO-warns-retail-giant-HIKE-prices-shut-stores-thefts-continue.html

(post is archived)

You are currently inside a comment thread.
Click here to see all the comments (19).
[–] • 1 pt

If they raise the prices, the actual shoppers will shop elsewhere and only the thieves will go to the store. They're better of closing those stores and cutting costs and losses.