Walmart CEO warns company will close stores if theft doesn't slow down (msn.com)
The theft rate is on the rise at Walmart.
The article also mentioned that Target is getting hit with heavy losses due to theft.
I've seen it happen where some stores have to shut down just because of theft. It's happened in some of the lower-income areas where crime is typically higher, but the impact of these stores shutting down creates problems for people who have to travel further to get food and other necessities. The thieves create problems for others, more than just the storeowners. It can affect entire neighborhoods and communities.
I saw another article this morning about an elderly worker at Home Depot who was killed trying to stop a shoplifter (
Death of elderly Home Depot worker who tried to stop robbery sparks outrage: 'Where are the reparations?' (msn.com)).
It's not that I have any real sympathy for the corporate executives who run these Big Box enterprises, but I also have no sympathy for thieves. In the end, it's the ordinary honest working people who live in these communities are the ones who suffer.