- Walmart stores across the U.S. are grappling with an uptick in shoplifting that could lead to higher prices and closed stores if the problem persists, Walmart CEO Doug McMillon said Tuesday. “Theft is an issue. It’s higher than what it has historically been,” he told CNBC’s “Squawk Box.”www.cnbc.com/2022/12/06/walmart-ceo-says-shoplifting-could-lead-to-price-ju…
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WebDec 7, 2022 · Surging retail theft could force Walmart to close stores and raise prices, CEO Doug McMillon warns. By. Thomas Barrabi. Published Dec. 7, 2022. Updated Dec. 7, 2022, 4:19 p.m. ET.
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Walmart Price Hikes: CEO Says Rampant Theft Could Lead To …
WebWednesday, December 7, 2022. With retail thefts on the rise, Walmart's CEO says the company will have to start raising prices or even close stores. In an interview Tuesday, CEO Doug...
WebDec 13, 2022, 2:00 AM PST. A Walmart store. Bruce Bennett/Getty Images. Walmart CEO Doug McMillon said stores could close if the rising tide of theft wasn't stemmed. Customers and employees...
Walmart’s big shoplifting problem could bring higher …
WebDec 8, 2022 · Growing losses due to shoplifting could lead to higher prices and possible store closures, Walmart CEO Doug McMillion is warning. “Theft is an issue. It’s higher than what it has historically...