Important Takeaways:
- Frustrated shoppers are forced to wait as long as 40 MINUTES to get their hands on basic groceries like toothpaste, baby formula and vitamins at Walmart and Target as retailers lock up products to combat soaring crime
- Shoppers are being forced to wait as long as 40 minutes to buy basic essentials like baby formula and body wash as major retailers lock up products to counter skyrocketing rates of theft.
- Reporters from Inside Edition visited five Targets, five Walmarts and five CVS stores in New York and New Jersey and timed how long it took for employees to retrieve different products from glass casings.
- ‘Everything’s locked up,’ journalist Lisa Guerrero said as she stepped inside a Target in Manhattan where baby formulas, razors and cleaning products were kept under lock and key.
- ‘They locked up the underwear,’ she quipped. ‘And the socks.’
- In May, Target CEO Brian Cornell admitted that theft was costing the chain millions.
- The company predicted $500million more in losses from theft this year on top of the $750 million in losses it incurred during its last fiscal year – meaning losses could top $1.2billion by the end of 2023.
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