Walmart signs vehicle agreement to help with shoplifters

2 years ago
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It's no secret that Walmart is having a serious struggle against shoplifters and organized retail theft. In fact, the CEO of Walmart, Doug McMillon, says that most of the shoplifting is organized retail theft, rather than petty theft. “If that’s not corrected over time, prices will be higher, and/or stores will close,” McMillon said. (source)

As recently as last spring, Walmart permanently closed five separate stores in four states: Kentucky, Ohio, Connecticut, and Washington.

Over the summer, Walmart has signed a definitive agreement with Canoo, a high-tech advanced mobility company, to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle, with the option to purchase up to 10,000 units.

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