Walmart CEO Doug McMillon has weighed in on the rising trend of retail theft, terming it an issue that has become much worse than ever before.
During an interview with CNBC, McMillon said that Walmart stores across the United States are experiencing an uptick in shoplifting. The issue of theft is now “higher than what it has historically been,” he added. “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.”
