An increasing number of current and former CEOs have issued warnings about an increase in retail thefts across the United States, which could trigger higher prices and cause locations to close.
“Today, this thing is an epidemic. It’s spreading faster than COVID,” former Home Depot CEO Bob Nardelli told Fox News on Dec. 8. “The degree of severity now, it’s not just theft, it’s smash and grab. There’s an entitlement out there that if you have it, you’ve worked hard to earn it, I want it. I’m just going to take it.”
