Search results
Results from the WOW.Com Content Network
Leo Pichardo, a store associate at Gristedes supermarket, retrieves a container of Tide laundry soap from a cabinet that has been locked due to retail theft on Tuesday Jan. 31, 2023, at the store ...
For premium support please call: 800-290-4726 more ways to reach us
The costs of shoplifting are adding up at Walmart. CEO Doug McMillon said that an uptick in theft is becoming such an issue at locations across the U.S. that it could lead to store closures and ...
Retail corporations have said that merchandise losses, or “shrink,” related to theft, ... to online retail partly due to rising cases of shoplifting. Walmart reportedly shuttered half of the ...
After months of continued losses and empty shelves, the chain warned that it was unable to pay off its debts and would potentially file for bankruptcy. In late January 2023, Bed Bath & Beyond announced the closure of an additional 87 stores, the liquidation of its Harmon Face Values chain, and the closure of 5 Buy Buy Baby stores. [42]
Target claimed in September 2023 that theft and organized retail crime helped drive its $500 million decrease in annual profits. Some store branches of major chains were closed. [9] Theft had risen to $70 billion in 2020, according to the Retail Industry Leaders Association (RILA). A pattern emerged of crime rings consisting of two parts ...
Self-checkout is being reassessed at retailers such as Walmart, Target, and Costco due to revenue losses and staffing issues. But it's not going away.
This is a list of reports about data breaches, using data compiled from various sources, including press reports, government news releases, and mainstream news articles.. The list includes those involving the theft or compromise of 30,000 or more records, although many smaller breaches occur continual