Walmart Business effected due to shoplifting

[Yugocean]

Walmart CEO is going to close triple stores over loss due to shoplifters. And also he will increase the price of products to cover the cost of loss.. However people think the self checkout is the reason.

 

[Magnus2022]

It is unbelievable that Walmart will be experiencing such criminality where there is advanced technology that can give 100% surveillance to their stores. In fact, I can believe such blame game for mismanagement

 

[nite001]

What a ridiculous reason for a company to make losses. Shop theft can simply be solved if there is higher penalties for offenders and more surveillance within the stores. Governmental action should be taken, not the company avoiding the problem.

 

[cherry123]

Walmart CEO is going to close triple stores over loss due to shoplifters. And also he will increase the price of products to cover the cost of loss.. However people think the self checkout is the reason.

Self checkout might just be it. You know some humans just finds it difficult to be honest

 

[Shavkat]

I wondered why they did not monitor or control this matter the soonest. The CCTVs are useles then.

 

[Yugocean]

Perhaps returning from online shopping is not properly working for Walmart, CEO Doug McMillon yet have to start.

 

[Hate2Wait]

Yes I have heard about these issues in different countries but there must be some way to stop users from shoplifting

 

[Yugocean]

Yes I have heard about these issues in different countries but there must be some way to stop users from shoplifting

It is not possible that CEO isn't doing anything, there are crime rise.

 

[Hate2Wait]

It is not possible that CEO isn't doing anything, there are crime rise.

Glad there are no such cases in India like that and most stores are working well

 

[flower]

The Walmart is a very big business and everyone wants to venture into this type of business because you're not make profit from it.

 

[Desireu30b]

Walmart CEO is going to close triple stores over loss due to shoplifters. And also he will increase the price of products to cover the cost of loss.. However people think the self checkout is the reason.

Where did you get this information from?
How legit is it

 

[Niyi Briggs]

I am extremely shocked by this. An organization of Wal-Mart's pedigree? Like the cameras are not working? Or there is a compromise somewhere? Some things are not just adding up.

 

[eldavis]

Hmmm but i do not really think increase of price would be good, though i get the fact that he is trying to cover what he had lost but it would only affect does who are not even guilty so they would end up loosing customers.

 

[IB D]

I don't understand how these things happen. They should have put security measures to make sure this kibd of things are not heard of.

 

[cherry123]

Shoplifting is one thing that kills businesses some people are just set out to steal but Walmart experiencing such high criminality is unbelievable advanced technology needs to be adopted for 100% surveillance

 

[Bisolami]

Walmart CEO is going to close triple stores over loss due to shoplifters. And also he will increase the price of products to cover the cost of loss.. However people think the self checkout is the reason.

I have a feeling that they will recover. It is a big business so it is very sure for them to recover.

 

[IB D]

Shoplifting is not a little challenge faced by all these grocery ships. They have to overcome with additional layers of security.

 

[Bisolami]

They should just look for a way to overcome it
It is very opportunities

Shoplifting is not a little challenge faced by all these grocery ships. They have to overcome with additional layers of security.

 

[uptrendfinancialsignal]

I don't think that Walmart business would be affected by shoplifting because it has become a very big business.

 

[Bisolami]

I don't think that Walmart business would be affected by shoplifting because it has become a very big business.

It has already become affected and there is nothing to do about it