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workinclasszero

(28,270 posts)
Thu Aug 18, 2016, 10:15 AM Aug 2016

Walmart is too cheap to pay for proper security — so now it’s freeloading off taxpayers

Walmart is too cheap to pay for proper security — so now it’s freeloading off taxpayers
Brad Reed BRAD REED 17 AUG 2016 AT 11:55 ET

Bloomberg Businessweek has a very detailed new report that shows how police departments around the country are getting fed up with Walmart’s unwillingness to invest in proper store security infrastructure. In fact, it seems that Walmart’s security is so notoriously lax that its stores have become magnets for criminals who know it will be easier to commit crimes in them.

Just how bad is Walmart’s in-house security? In the city of Tulsa, police were responded to incidents at the city’s four Walmart stores a total of just under 2,000 times. The city’s lone Target store, meanwhile, called on police to respond to incidents just 44 times.

http://www.rawstory.com/2016/08/walmart-is-too-cheap-to-pay-for-proper-security-so-now-its-freeloading-off-taxpayers/
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Walmart is too cheap to pay for proper security — so now it’s freeloading off taxpayers (Original Post) workinclasszero Aug 2016 OP
The costs of being robbed are lower than the costs of providing security. DetlefK Aug 2016 #1
Time for PDs to bill MallWart. mwooldri Aug 2016 #2
And coincidentally the only company to make money this quarter yeoman6987 Aug 2016 #3
No wonder huh? workinclasszero Aug 2016 #6
They've been called out for this for about 15 years. Greybnk48 Aug 2016 #4
Wow! workinclasszero Aug 2016 #7
And their apologists don't care---they show up and gloat about profits gained Kingofalldems Aug 2016 #5
Unsurprising romanic Aug 2016 #8

DetlefK

(16,423 posts)
1. The costs of being robbed are lower than the costs of providing security.
Thu Aug 18, 2016, 10:26 AM
Aug 2016

It's that simple.

Let's say security costs, wages and all, $5000 per month.

What does it cost the store when people steal stuff? $1000 per month?

Greybnk48

(10,168 posts)
4. They've been called out for this for about 15 years.
Thu Aug 18, 2016, 11:04 AM
Aug 2016

In the Walmart documentary, "The High Cost of Low Prices," 2005, they are shown to only have surveillance for shoplifting. At the stores that were visited, none of the outside safety cameras were operational. They were props.

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