Walmart CEO warns company will close stores if theft doesn't slow down

[Revoltingest]

Let them eat Chanel

Google Image Result for https://s.abcnews.com/images/US/new-york-looting-mo_hpEmbed_20200602-232652_3x2_992.jpg

The poor need those things to survive.
And "reparations".

 

[Guitar's Cry]

The poor need those things to survive.
And "reparations".

Absolutely! Think of how much more food selling that stuff will mean than stealing a pack of Poptarts!

 

[Sand Dancer]

I never was a fan of those self-checking devices. But they do have cameras in the ceilings above and people to stand by and monitor. They also have the people standing by the door to ask to see people's receipts.

That's another bothersome aspect of thievery, in that honest people have to be checked along with everyone else.

The only place my receipt has been checked is at BJs.

 

[Twilight Hue]

Get rid of self checking. Duh.

Really.

Ita bad enough that stores expect customers to do work meant for their employees, and not get any pay for it.

 

[Audie]

Absolutely! Think of how much more food selling that stuff will mean than stealing a pack of Poptarts!

They are buying quaker oats , rice,
beans, green leafy veggies

 

[SomeRandom]

My guess is that there are levels.
They'd factor in certain amounts of theft to their pricing, security, insurances, etc.

An upward trend in theft is something they wouldn't have accounted for, and would impact on margin. Whilst it might have positive tax implications it's likely to be having very negative cashflow implications.

Ahh very true

 

[Guitar's Cry]

I wonder if there's an alternate universe where the headline is: Walmart CEO Spends Millions to Alleviate Economic Stressors in Areas Impacted By Crime.

 

[Guitar's Cry]

They are buying quaker oats , rice,
beans, green leafy veggies

Criminal! They get a better value from generic brand oatmeal!

 

[Stevicus]

Really.

Ita bad enough that stores expect customers to do work meant for their employees, and not get any pay for it.

I remember when gas stations first started offering self-serve, and as an incentive, they offered a discount over full serve. I don't think they do that anymore, although it's rare to find full service gas stations anyway.

Funny thing about Walmart is that I sometimes go in during the early morning hours, and none of the cashiers are open; it's all self-checkout, yet they have employees just standing around to watch. They're not really doing anything.

 

[Twilight Hue]

I read that earlier. I see higher prices before closing stores. Although neighbourhoods may play a roll in store closings.

I'm betting it's an excuse to shutter the store just as the municipal tax breaks expire, so they can find some other municipality that will offer tax breaks to open a new store while the old one turns into a derelict rotting husk in a dying abandoned plaza.

 

[Father Heathen]

The left bears much responsibility for fostering
a climate of hostility against business & the wealthy,
which appears to inspire & justify criminal behavior.

So it's politics and not poverty that drives criminal behavior?

 

[Audie]

Criminal! They get a better value from generic brand oatmeal!

Typical crooks

 

[Audie]

I wonder if there's an alternate universe where the headline is: Walmart CEO Spends Millions to Alleviate Economic Stressors in Areas Impacted By Crime.

That's a alternate uni where throwing
money at a problem solves it.

 

[Revoltingest]

So it's politics and not poverty that drives criminal behavior?

Yeah, 100%, that's what I posted....not!
Greed more than need.
And the former is exacerbated by demonization of the victim.

 

[Vinayaka]

The missing victims in this entire discussion are the folks who have already had to close down their small family businesses due to inner city theft (and loitering or vandalism) . Somehow I think Walmart and Target will survive. But what about those corner stores or niche market businesses who really can't afford that much security, much less a lot of theft.

 

[Brickjectivity]

It is time for stores to begin tracking every item as it travels through the store. This can be handled in several ways, some ways more annoying than others.

Man in a fury suit, closely observing a human and looking at them from multiple angles.

From: Staring Music Video GIF by Big Grams - Find & Share on GIPHY

 

[Dan From Smithville]

Actually, it was mentioned in the linked article
in the OP. This is a current phenomenon, ie,
that organized gangs are doing much of the
stealing. Get with the times, ya old geezer.

I know of two theft rings that operated using a company insider to facilitate thefts. One insider worked a customer service desk and the other ran a register. The cashier would charge pennies on the dollar or miss items and the customer service rep would do returns that didn't exist as well as the same activities as the cashier. I'm not sure what the haul was for the cashier, but the customer service rep facilitated roughly 90 grand in thefts before she was caught and her gang sent running.

 

[JustWondering]

All those drug addicts have to get their drug money somehow. And they've learned that they can just walk in and walk out with lots of valuable stuff at many of these stores. No minimum wage security guard is going to risk their lives trying to stop them. And the cops can't sit there all day keeping them away. And it's not just Walmart, it's all the big box stores.

When I worked retail we were trained not to try stopping or chasing thieves. I wasn't going to do that anyway. Why would I risk getting hurt over a wage slave job?

 

[JustWondering]

It is time for stores to begin tracking every item as it travels through the store. This can be handled in several ways, some ways more annoying than others.

Man in a fury suit, closely observing a human and looking at them from multiple angles.

From: Staring Music Video GIF by Big Grams - Find & Share on GIPHY

They should just have the entrances set up as enclosed areas that can be locked down till the cops show up. However, the thieves could then sue for unlawful imprisonment or kidnapping or other nonsense. So that idea won't work.

 

[JustWondering]

US could do like the UK and China and just start putting cameras EVERYWHERE. Thieves wouldn't get away then.