In December 2022, Walmart President and CEO Doug McMillon warned that the company would have to close stores and/or raise prices if theft didn't drop. Retail theft has ballooned into a $94.5 ...

Walmart and Target have been experiencing an increase in shrinkage (theft of in-store stock), which ... and might raise prices to counter losses. In Nvidia's 2023 AI Predictions blog post (a ...

The move, initiated by Walmart’s U.S. president and CEO John Furner, is an effort to give associates an improvement in the ...

So, a shopping basket at a Walmart in Georgia offers a view into the U.S. economy — and the inflation that has roiled it.

Merchandise theft has long plagued retailers, but they say it's become even more of a problem over the last few years.

Walmart, Target, Walgreens, CVS, Lowe's, Home Depot, and more have been sounding the alarm on growing theft rates at their ...

Walmart, America's largest private employer, was once the poster company not only for low prices but also low pay ... Walmart's CEO agrees that at least some increase is required.

Now, they’re loading their shopping carts full of toothpaste, shampoo and other health and beauty products before scurrying ...

Walmart (NYSE: WMT) and Target (NYSE: TGT) have a theft problem ... like locking up more products behind glass, and might raise prices to counter losses. But locking up merchandise is inconvenient ...