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Walmart CEO warns company will close stores if theft doesn't slow down
https://www.businessinsider.com ^
| Dec 6, 2022, 3:47 PM
| Ben Tobin
Posted on 12/07/2022 8:09:09 AM PST by RomanSoldier19
Walmart CEO Doug McMillon issued a stark warning Tuesday: If theft does not slow down, the retailer will close stores across the country.
"Theft is an issue," he told CNBC. "It is higher than what it has historically been."
He added: "If that's not corrected over time, prices will be higher, and/or stores will close."
McMillon did not say during the interview how much money Walmart has lost in stolen items this year. Walmart did not immediately reply to an Insider request for that number
(Excerpt) Read more at businessinsider.com ...
TOPICS: News/Current Events
KEYWORDS: walmart
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To: RomanSoldier19
Theft is an integral part of being Woke.
Embrase the suck, Walmart.
2
posted on
12/07/2022 8:10:46 AM PST
by
Paladin2
To: RomanSoldier19
Post-Constitutional uncivil society.
Great job boomers.
3
posted on
12/07/2022 8:11:18 AM PST
by
Oldeconomybuyer
(The problem with socialism is that you eventually run out of other people's money)
To: RomanSoldier19
Not hard to guess where these stores are.
4
posted on
12/07/2022 8:11:44 AM PST
by
Seruzawa
("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
To: RomanSoldier19
Food deserts and other related phenomenon are expanding. I blame climate change.
5
posted on
12/07/2022 8:11:50 AM PST
by
ClearCase_guy
(No one is as asleep as the "woke". They define the term "useful idiot".)
To: Paladin2
“Theft is an integral part of being Woke.”
Viva social justice!
To: RomanSoldier19
time until the left starts complaining of “retail deserts” because of THEIR policies that encouraged theft!
To: RomanSoldier19
Oh no more “food deserts.”
8
posted on
12/07/2022 8:12:42 AM PST
by
Menehune56
("Let them hate so long as they fear" (Oderint Dum Metuant), Lucius Accius (170 BC - 86 BC))
To: RomanSoldier19
Stores in certain demographic areas will close or move to an order in advance model. Lots of armed guards.
9
posted on
12/07/2022 8:13:16 AM PST
by
FatherofFive
(I support Trump. Not the GOP)
To: RomanSoldier19
Walmart can afford to hire guards with Aj-47’s at their doors.
10
posted on
12/07/2022 8:13:20 AM PST
by
Engedi
To: RomanSoldier19
Guess those miscreants will straighten up and fly right now. Maybe they’ll even mind their “Ps” and “Qs” too. Nobody wants a “letter” in their Wal-Mart dossier.
11
posted on
12/07/2022 8:13:28 AM PST
by
rktman
(Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
To: ClearCase_guy
Food deserts and other related phenomenon are expanding. I blame climate change.Nope. White privilege.
12
posted on
12/07/2022 8:13:41 AM PST
by
Lazamataz
(The firearms I own today, are the firearms I will die with. How I die will be up to them.)
To: RomanSoldier19
Is there a demographic or location correlation?…
13
posted on
12/07/2022 8:13:53 AM PST
by
EEGator
To: RomanSoldier19
Good then these Dem run cities will hit rock bottom and maybe people will wise up.
14
posted on
12/07/2022 8:14:02 AM PST
by
ProudDeplorable
(Concentrated power has always been the enemy of liberty. ~ Ronald Reagan)
To: Menehune56
15
posted on
12/07/2022 8:14:03 AM PST
by
RomanSoldier19
(Res ad Triarios venit;“We are your ghosts, in this game played by monkeys, organized by lunatics” )
To: Engedi
Or AL’s or AM’s. or even A I’s.
16
posted on
12/07/2022 8:14:26 AM PST
by
going hot
(Happiness is a Momma Deuce)
To: RomanSoldier19
Get woke go broke.
Any questions?
17
posted on
12/07/2022 8:14:27 AM PST
by
jmaroneps37
(Freedom is never free. It must be won rewon and jealously guarded.)
To: RomanSoldier19
DO IT! Close the stores in the areas where the BLM/Free Stuff Army are running amok. Let them live with the consequences of their actions.
18
posted on
12/07/2022 8:15:11 AM PST
by
SharpenedEdge
(Stockpile. Prepare. Arm. Train. A Storm is coming.)
To: RomanSoldier19
Undocumented shoppers about to lose a source of their lucre.
To: RomanSoldier19
Maybe if they started shooting the perps, people would lose interest in stealing.
20
posted on
12/07/2022 8:16:15 AM PST
by
mass55th
("Courage is being scared to death, but saddling up anyway." ~~ John Wayne )
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