Walmart, Home Depot and Target CEOs confirm drastic impact of stealing after troubling spike in violent thefts ...Middle East

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CHIEFS of major retailers including Walmart and Target have warned about the impact of theft on stores. Top officials have lamented at the “unacceptable” level of organized retail crime that has hit chains. EPARetailers have resorted to locking items away in cabinets as part of efforts to combat theft[/caption] Target CEO Brian Cornell said theft-related incidents are ‘heading in the wrong direction’AP:Associated Press Shrinkage continues to be a problem for retailers, with the National Retail Federation estimating that the issue costs chains close to $100billion. During a company earnings call, Target CEO Brian Cornell warned: “In addition to these more recent challenges, our

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