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Walmart Locks Up Jeans as Stores Struggle With Theft. Nov 17, 2023 at 9:34 AM EST. By Matthew Impelli. Writer. Social media users shared photos and videos this week showing Walmart locking jeans.
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Massive Thefts Cause Walmart to Start Locking Up Jeans
A 2020 report from NRF found organized retail crime cost retailers an average $719,548 per $1 billion in sales in 2020, up from $703,320 in 2019 ‒ less than 1% of sales but "significantly" up.
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Social media users shared photos and videos this week showing Walmart locking jeans and some other items behind glass security doors amid concerns over retail theft. Over the past several months.
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Frustrated Shopper Claims Walmart's Locked-Up Items Are Driving Away Paying Customers. Story by Mustafa Gatollari. • 9mo • 3 min read. Visit Distractify.
You’re Not Imagining It—Stores Are Locking Everything Up
Some Target and Walmart stores now locking up underwear as part of shoplifting crackdown By Jodi Hernandez • Published January 11, 2024 • Updated on January 12, 2024 at 5:40 pm NBC Universal, Inc.
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The retail crime wave of 2022 continued as the year came to a close, but a few merchants are notching some wins as awareness of the theft problem ramps up.. Eighteen-year-old Santiago Rico of Boca Raton, Fla. was arrested on Dec. 29 after being caught shoplifting more than $1,000 dollars' worth of merchandise from a Neiman Marcus store.A Boca Raton Police Services Department report said.
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It also noted retailers, on average, saw a 26.5% uptick in organized theft incidents last year. But while high theft in stores depletes inventory and limits sales, locking up items also reduces.
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Also known as shrink or shrinkage, it represented $94.5 billion in losses in 2021, up from $90.8 in 2020, NRF said. Organized retail crime — where gangs of thieves swarm stores for products they can resell online — has become increasingly brazen and also led to huge losses for companies. Walmart CEO Doug McMillon told CNBC in December that.
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"Walmart locks up their jeans. I guess too many just walked away. Soon you won't be able to go to the shops anymore. Collection or delivery only. Which is probably what they want. Brick-and-mortar stores are expensive." "An online-only model is probably the future we're moving toward," the post says. Walmart Locks Up Their Jeans.
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Jeans are being locked up behind glass security doors at Walmart locations across the country. Why is Walmart Locking Up Jeans? According to Newsweek, Walmart stores are locking up jeans due to rising retail theft. A Walmart spokesperson told Newsweek that "some products are subject to additional security."
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Walmart and Target have begun locking up underwear and socks - the latest items to be protected against shoplifters. As thefts have surged over the past year, stores have been increasingly keeping.
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The big box retailer has actually been locking up pants in certain locations since at least last year.. Walmart Locks Up Their Jeans. I guess too many were just walking off. Pretty soon you won.
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Mike Gunzelman. Published November 17, 2023 2:10 PM EST | Updated November 17, 2023 2:10 PM EST. An increase in shoplifting across America's cities has forced many stores, including Walmart, to lockup everyday commodities. We've all seen it - everything from perfume and cologne to toothpastes are behind those annoying plastic lock boxes.
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Scary!". "Everything is locked up and they are understaffed so waiting forever to get 1 item," a second wrote. While many users blamed a rise in shoplifting for the decision to lock up goods.
