FOX Business host Stuart Varney argues ‘it’s easy to blame liberal district attorneys’ who don’t take action to curb thefts.
STUART VARNEY: So, it’s come to this: Walmart, America’s biggest bricks and mortar retailer, has issued a warning about shoplifting. It’s so bad that they may have to close stores and raise prices. We’re all going to pay for this.
In the retail business, it’s called shrinkage. How much of the stuff on the shelves is stolen.
It runs to billions a year at Walmart, and the CEO says it’s getting worse.
Subscribe to Fox Business! https://bit.ly/2D9Cdse
Watch more Fox Business Video: https://video.foxbusiness.com
Watch Fox Business Network Live: http://www.foxnewsgo.com/
FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television, having topped CNBC in Business Day viewers for the second consecutive year in 2018. The network is available in nearly 80 million homes in all markets across the United States. Owned by FOX Corporation, FBN is a unit of FOX News Media and has bureaus in Chicago, Los Angeles, and Washington, D.C.
Follow Fox Business on Facebook: https://www.facebook.com/FoxBusiness
Follow Fox Business on Twitter: https://twitter.com/foxbusiness
Follow Fox Business on Instagram: https://www.instagram.com/foxbusiness/