Target and Walmart push back on new shoplifting, retail theft law
NegativeFinancial Markets

Target and Walmart are voicing their concerns over a new law aimed at addressing the rising issue of retail theft. As shoplifting incidents increase, these major retailers have been reluctant to implement necessary measures to combat the problem effectively. While they have adopted self-checkout systems to cut labor costs, the effectiveness of these strategies in reducing theft remains questionable. This situation highlights the ongoing struggle between retailers and the challenges posed by theft, impacting both their operations and the shopping experience for consumers.
— Curated by the World Pulse Now AI Editorial System