During the recent midterm election, Republicans claimed crime was becoming a significant problem in the country. Democrats responded with a claim that Republicans were exaggerating for political purposes. Do they still believe that the crime problem is exaggerated for political purposes when crime is forcing America’s biggest retailer, Walmart, is threatening to make major changes because of crime?
Walmart CEO Doug McMillon said Tuesday on CNBC’s “Squawk Box” that theft is higher than what it has historically been.
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.”
“We’ve got safety measures, security measures that we’ve put in place by store location. I think local law enforcement being staffed and being a good partner is part of that equation, and that’s normally how we approach it,” McMillon said.
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