californiacollapse
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08/18/2023
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By Cassie B.
Flash mobs brazenly rob luxury retailers in Los Angeles as city fails to hold thieves accountable
A major flash mob recently attacked a Nordstrom department store at the Westfield Topanga Mall in Los Angeles in a brazen example of a trend that has been taking place throughout California. In the Saturday afternoon incident, a group of around 50 looters descended upon the store with face masks and hoodies obscuring their faces, […]
12/07/2022
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By Ramon Tomey
Walmart CEO: Rampant organized shoplifting could lead to price hikes, store closures
The CEO of retail behemoth Walmart warned that rampant shoplifting could lead to price hikes and store closures. “Theft is an issue. It’s higher than what it has historically been,” Walmart CEO Doug McMillon said during a Dec. 6 appearance on the CNBC program “Squawk Box.” “If that’s not corrected over time, prices will be higher […]
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