Skip to comments.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
Posted on 12/07/2022 8:38:28 AM PST by george76
Walmart CEO Doug McMillon admitted that theft has become a major issue for the chain..
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..
Target, also revealed that shoplifting at its stores had jumped more than 50 percent year on year, leading to more than $400 million in losses in 2022 alone.
Forbes has previously estimated that the chain loses about $3 billion a year due to thefts.
the woke District Attorneys in major American cities that are no longer prosecuting shoplifters.
Angeles Times found .. Walmarts they visited .. have now partitioned off a portion of their pharmacies where high-price health and beauty products are sold.
Now, if a shopper wants to buy expensive makeup or shampoos, they must enter the partitioned area and pay a cashier before leaving through a narrow exit back to the store.
Men's underwear was also locked up
The city has seen robberies skyrocket 10.7 percent over last year, according to Los Angeles Police Department statistics, with burglaries up nearly 13 percent and motor vehicle thefts up 8.1 percent.
Personal thefts are also up nearly 14 percent, contributing to a 7.4 increase in overall crime across the California city.
At the same time, though, robbery arrests are only up 2.7 percent — while burglary arrests are actually down 4.9 percent and motor vehicle theft arrests are down 8.2 percent from last year.
Critics have blamed woke District Attorney George Gascon for this rise in crime.
(Excerpt) Read more at dailymail.co.uk ...
More movement towards lawless third world status.
Why punish folks who shop in law-abiding area stores for the actions of crime permissive DAs in certain areas?
Or, am I missing something something?
Creating artificial “food deserts” in under-served neighborhoods.
I don’t get it. If they POST a worker at the exit that checks the receipt against a couple of the items that are in the bags, then this would stop. But I doubt they want to pay for the worker (Sam’s does it). Seems like a worker would be cheaper than the amount of the theft.
Law abiding folks need to get out of rat controlled areas now.
WALMART RACIST FOR SHUTTING STORES IN MINORITY COMMUNITIES, SAYS DISTRICT ATTORNEY
If you do not protect your own property from thieves, you are just another woke, commie trash TWOT depending on the Gov’mt to take care of you.
Go ahead. Close down. Giving you money is destroying civilization.
Costco has a exit and entrance door checkers..
Here comes a government bailout to Wally World so they don’t close stores and continue to let people steal.
Maybe they can Itemize all shoplifting losses as “reparations” and then get tax credits and social credits. LOL
Many South Central LA businesses closed stores after the riots.
Since the death of Sam Walton....or shortly thereafter when the likes of Hillary Clinton waddled up the the trough as BoD...WalMart has:
1. Destroyed by store openings and ever widening product veriticals the local entrepreneurial merchant/service classes.
2. Destroyed the American small industrial class by knocking off anything novel with overseas copies or generics.
3. Used government benefit programs to keep their minimum wage part time staff from starving....let the taxpayers feed them.
4. Backing every looney tune woke virtue signaling sophistry that someone else was paying for....
5. And giving generously to the Sodomites and BLM anarchists.....
The urbanite natives have no jobs in a wasteland you created.
Now you are what goes in the pot for dinner.
Sow the wind, Doug. Sow the wind.
You really think a 60 yr old retired school teacher is gonna stop a 265lb thug bent on getting his free s5it from whitey? It’ll just get her a broken head.
In MANY states team members are NOT ALLOWED to stop the customer from stealing, you can go to the parking lot and get their license number HOWEVER you are never allowed to question the customers purchases!! In CA. they can walk out of a store with $1000.00 worth of merchandise and even if you get their license # the police do nothing because it is a misdemeanor under $1000.00!! MANY state legislators have voted this shit into law creating this chaos!!! TheresasVERY recently an 80 yr. old team member at Home Depot who tried to stop someone at the door trying to steal a pressure washer, this thug threw him to the ground and it killed him!! So many seniors right now on fixed incomes are forced back into the work force due to Biden’s economy!!
Left-wing company can just suck it up because the left-wing policies they support are causing their troubles. China-Mart can go bankrupt for all I care.
Those Costco door chicks take an extensive martial arts program.
Because it’s a members only store. Customers must show member card to enter.
Well shut those stores down then. Don’t make everyone else pay for it by raising prices.
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