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Walmart may raise prices, close stores due to shoplifting

Walmart is warning that theft has worsened at the retail giant and may force drastic moves by the company.

New yorkUnited statesDoug mcmillonAndre persaudHeyward doniganMatt schroederMichael fiddelkeNational retail securityRite aidRetail securityAid chief retail officer andre persaudCrime publicsafety

Executives at Rite-Aid blame shoplifting losses for $5 million revenue hit

Shoplifting at Rite-Aid locations, particularly in New York City, has dealt the company a $5 million blow to revenue, according to the company's most recent earnings call.

New yorkUnited statesAndre persaudHeyward doniganMatt schroederNew york cityAid chief retail officer andre persaudWashington timesDistrict attorneyB business financeB rite aidB new yorkB new york city

Executives at Rite-Aid blame shoplifting losses for $5 million revenue hit

Shoplifting at Rite-Aid locations, particularly in New York City, has dealt the company a $5 million blow to revenue, according to the company's most recent earnings call.

New yorkUnited statesAndre persaudHeyward doniganMatt schroederNew york cityAid chief retail officer andre persaudWashington timesDistrict attorney

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