Walmart CEO warns that retail giant could HIKE prices or shut down some stores if 'historically high' thefts at the chain continue and prosecutors’ lax approach to dealing with criminals is not corrected

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Walmart CEO warns that retail giant could HIKE prices or shut down some stores if 'historically high' thefts at the chain continue and prosecutors’ lax approach to dealing with criminals is not corrected (archive.ph)

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