Avoiding Losses
Walmart loses a ton of money each year due to theft. You would think they would do everything in order to stop this from happening. However, according to analysis of the numbers, the most cost efficient thing for the stores to do is to have the equipment necessary to curb the amount of theft from happening. But some people are saying that extra security needs to be added.
The Actual Amount Lost
According to Fortune, Walmart loses an estimated 1% of its expected gains annually to shoplifting. In 2015, Walmart earned more than $300 billion in sales, so that means that their theft losses come out to about $3 billion. That is a massive loss.