Walmart Fights Back Against Soaring Retail Theft With Police Presence and Store Closures
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A Walmart in Atlanta is installing a police "workspace" inside the store to deter shoplifting when it reopens after being burned down.
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Retail chains like Walmart are taking security measures due to estimated $94.5 billion in losses from theft and shrink in 2022.
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Walmart's CEO said the company may close stores where local governments take a soft approach to retail crime.
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Retail workers report increasing cases of organized retail theft and hostile behavior from customers.
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A survey found most retail workers are more concerned about violence and theft compared to 5 years ago.