Thread regarding Walmart layoffs

Four Supercenters closing in March due to "financial performance" IE too much theft. Albuquerque, Milwaukee, and two in the Chicago suburbs.

All part of the plan. Walmart needs an excuse to close stores due to corporate out to lunch. Doug screwed up so bad that the next bad plan is in motion. Follow Target, follow Amazon, follow Bed Bath and Beyond. Entering the new age of walmart with a smile. Follow World Economic Forum for Walmart's next move. Flash, can use closed Sam's stores to raise mill worms.

Nothing to see here, folks. Just the ravings of a mad person.

They are programming AI's to lie. There goes your job though it will never come close to your spin. Who is Cheryl Pegus ? What did Cheryl do during the year she was with Walmart? Let's not forget this is in reply to depravity and corruption.

Alright, let’s just put the record straight, then:

1. Walmart’s culture is not corrupt.
2. Walmart culture isn’t depraved.

Put the record straight and be constructive. Show where Walmart corporate culture is not corrupt and depraved. Ball is in your court now. Put up or shut up Walmart grape kool aid drinker. You have no credibility.

Oh jeez. Look what you’ve done. Corrupt and Depraved. Really?

The personality of the store is from the store manager. That person is the final representative of the corrupt , depraved walmart corporate culture. Beyond that is the WEF who's policies will be followed.

So, what are the factors or characteristics of stores that have high theft? Can anyone bring any of that to light?

Maybe he should be concerned about all the freight that we wasted money on and the fact that associates are targets for the losers we having coming into the stores

@jzox+1k4SWjxZ

1. Do you work for Walmart?
2. Why?

There is petty theft but the real crime is at the corporate level. Once you lose the discipline of policy and standards go new age, woke, say you have a religious morality but do not its just hiding behind the curtains after that.

There is no end of the theft happening and being thought up in depraved Walmart present corporate
culture. https://i.redd.it/wage-theft-is-the-most-common-property-crime-in-america-v0-gt100kuhr56a1.jpg?auto=webp&s=97d9e9d5e1d3101312ddd4a67e0c0aa8637bfd80

Tell me it ain't so , you mean it wasn't by accident but on purpose. Next you'll tell me that placing adult se-ual toys by children's tooth brushes is an acceptable practice for making money. My oh my depravity at home office policy culture is farther down than a flushed toilet goes.

All totally wrong.

The $3 billion theft of dedicated walmart associate's sick time and personnel time. The bribes walmart paid out, fancy book work no doubt, to Mexico and others. The opi--d payoff. No one at corrupted walmart corp culture could do these , all by accident no doubt.

Ok, can you cite an example of that?

Doug should stop the theft in corporate first. Lead by example.

Maybe they should hire security and actually schedule them 🧐

Yes, there will certainly be store closings next year, for a plethora of reasons. But most of us agree, there’s some stores that simply need to be closed. As sad as it is to say, all you have to do is look in the parking lot, or look at the customers, or look at the associates and you can tell pretty quick which stores they are. It is a fact of life.

Self-checks, warehouses, and
internal.

I doubt that external theft is the problem in most instances. Many stores/markets simply aren't on process and haven't been for some time. Some stores have trailers of merchandise and that merchandise has no location. If your store keeps storage trailers on site outside of the holiday season, you probably have a problem. I don't think the surge in OPD orders was anticipated either. How often are associates from other areas sent to OPD? Who is working the GM side? We've been chasing our tail for a while now.

There are going to be store closings next year . You can hide declining sales per item by the increase in inflation per item for ever. The excuse is theft but the reality is poor management at the corporate level.

Absolutely true, there’s other factors that drive store closings, not just theft (shrink). Online shopping, such as OGP, is growing extremely fast. You’re going to see stores converted to PICKUP only, as well as an expedited 1 hour order/pickup. So if your baby needs infant acetaminophen at 8pm, you order it in your phone, then send your husband to get it. We’ll see extended pick up times. We’ll also see store/store/dist center coordination so if your store doesn’t have infant acetaminophen and the one 4 miles away does, that store will fill it. I would say in the next 3 years, the way we shop is going to change significantly.

It's not theft alone. Theft is only 1-3% of Walmart's total yearly profits. It's the rise in utility bills for each individual store. Utilities costs have doubled in the past year. Rent has increased significantly as well. Walmart's brick and mortar footprint is overdeveloped which will become unsustainable long term.

The GWP will close stores down

There is substantial room for improvement. I think we’ll see some activity to shore things up.

People push out full carts full of merchandise without resistance. . People know that if they make it to the bathroom with merchandise and LP loses eye contact they have to break off the pursuit. If walmart want to get serious they need to check tickets like Sam's, and hire more security. Both solutions require hiring people, which Walmart is against.

It’s not simply a self checkout issue. And the internal shrink, that doesn’t happen at the self checkout. Unfortunately, it’s very complicated and multi faceted. On the up side, though, there’s some activity underway that should improve the situation all around.

I think it's funny. They're too cheap to pay cashiers and then act surprised that people steal from them in self checkout. As the saying goes, you can pay me now or you can pay me later. I flushed a dump this morning that had more brains than the management of this company.

Self-checkout is a problem. Six self-checkouts and one worker can't watch them all. the tag team, one will go to one and the other to another one, then keep hitting to void items to keep you distracted. Why isn't there camaras right above each self-checkout? Groups come and they surround the checkout one is using so you can't see what is going on. Why doesn't Walmart close stores at 9 instead of 11 then maybe they would have enough help to cover registers/self-checkout. Also why is there only a few working registers? Even when you have enough cashiers not enough registers that work? Self-checkout layout is all wrong, needs to be the way Sam's club was. sometimes the phone scanner doesn't work which makes if hard to see what a person is scanning so you can pause when you know they are paying and haven't scanned all their items Carts are jacked up with almost 100 items sometimes and there is no way their scanning it all. should be mandatory that they move it into another cart as they scan or put a limit of 25 items or less for self-check. Also, if there is employees stealing then why don't they arrest them? They have it on cam and get rid of them. Another big problem is pricing on self is not what it rings up at register, all areas need to check their prices because it makes a problem for cashiers when customers complain. When you leave it up to the customers to be honest when their checking themselves out instead of having a cashier that is a problem. Until there are some changes there is going to be more theft and it's not fair to close stores because of it and people lose their jobs. Folks have given so many years in this company and it's a shame to see it going downhill like it is. Small rural towns need their Walart stores to shop, and the locals need their job to survive. Also, every Walmart needs off duty police to take care of any situation that happens at the store. Customers would feel safter having an officer there and it may make the people who want to come in and steal think twice about it. Walmart needs to keep it's customers and workers safe with the way things are going on in this world today.

I am not sure about markets/regions outside my own, but lots of examples here of associates caught stealing but we’re not fired. I’m still trying to figure that one out. After that, I lost ALL respect for anyone in leadership / management.

Stores in our market would shrink out big time. The MAPM/RAPM wants to know why and then say you better not say it's theft because it's not

Much of the previous post (to this one) is correct. Specifically, Walmart does not have insurance to cover theft of retail store items. Without too much more detail, Walmart does track organized theft, ie gangs.

There’s a ton of data on shrink all indexed, sliced and diced in several flavors. Not only by zip code, but store age, city, state, etc etc etc. Some locality data even shows why stores less than 10 miles apart can have immensely different shrink numbers.

The truth is, and it’s sad to say it like this, you can frequently walk into a store and just by walking around for 10 minutes make a pretty reasonable guess on the level of shrink there. It’s not that hard to figure out.

I think what we can take from corporate comments is this: maybe it’s time we close stores that continue to have high shrink, especially if the data shows continual growth. Where do you draw the line? Do you continue to invest in a store where theft has increased and continues to increase? At what point do you cut and run? As a store gets older and needs water, sewage or electrical work, if it’s in a high shrink category, why do you make a capitol investment in that facility if you know you may not make it back. Much easier to close the store and try to walk away from a long term problem store.

There is no retail insurance for theft. It simply hits the profit line.
A company purchases an item for X-X and it's stolen. You are out X-X.

Internal theft is generally the leading case of shrink for a store. Pass off's, return fraud will drive shrink through the roof. If you research shortage you can find the percentages. Employee's that do this come to work and have a schedule.

Organized retail theft travels from store to store and state to state. Not hitting the same store as often as a scheduled employee will. But when the pro lifters hit your location it is not for chump change.

It is not the internal theft or the usual theft that will close stores. Every retail store has some percentage of theft built into the yearly numbers and prices. What is now common, which wasn't a few years ago, is gangs of people stealing on a massive scale. Think organized retail theft rings with 10's of people who go to the same store day after day and steal items. Or those who fill shopping carts full of merchandise and walk out.
Many governments have raised the limit on the dollar amount a theft has to be to be considered a felony so people will stay under that limit. As an example we have caught the same few people stealing on numerous occasions and every time they have had a calculator on them so they can stay under the felony limit.
This will lead to store closings or less hiring in other stores or higher prices across the board for everyone. Another reason stores will close is that insurance companies will eventually refuse to insure certain stores or busiesses in certain areas because of high theft and crime. Same thing happen with your home and car insurance if you get into too many accidents or live in a high accident or crime area--- no insurance or very expensive insurance.

I can only think it's market managers, HR's, DM, store managers, store leads, coaches, team leads, CSM's, LP and people lead. They all watch the hourly so it can't be them. There is no Walmart culture so there is the street culture. Could be the union workers. Can not be present Walmart corporate culture cooking the books. They are of the highest morality and integrity. They would never cook the books .

Ok who is it?? Inquiring minds want to know. Do tell.

Just ask yourselves this: “I wonder who’s stealing things at the Walmart store?”

Then, close your eyes and think up an image of this retail theft in progress. Who is it?

It’s not that hard, is it.

Ok brainiac solve it and do share the solution with the rest of us!!