Live Breaking News & Updates on Rampant Shoplifting Doesn T Shop

The ceo ceo of the nation s largest retailer warns prices will skyrocket if rampant shoplifting doesn t shop. walmart chief mcmillan says it will force stores to close for good. theft is an issue. it s higher than what it s been. if not corrected over time, prices will be higher and or stores will close. matt eggen is here. tell us more about what he said. that is white the statement from the ceo. he s saying in some markets, shoplifting is such a problem that it would make more sense to close up shop rather than keep them open. of course, that would be terrible for the employees, customers. really bad for everyone they re passing along the costs to the consumers. we know this is not just a walmart problem. target has said shoplifting is up by 50% from last year. the national retail federation ....

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