Portland, Oregon’s last two Walmarts closing as companies see shoplifting surges

TThe last two Walmart Shops Portland, Oregon As companies experience surges of business, many are shutting down their offices. retail theft .

Both stores will close at midnight on March 24, Walmart claims that the closings are due to financial difficulties.

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According to reports, last month the company announced the move. “The decision to close these stores was made after a careful review of their overall performance. We consider many factors, including current and projected financial performance, location, population, customer needs, and the proximity of other nearby stores, when making these difficult decisions. After we decide to move forward, our focus is on our associates and their transition, which is the case here,” A spokesperson was reported As a saying.

Walmart didn’t respond to our inquiry Washington Examiner Send us a comment

Doug McMillon, the President and Chief Executive Officer of Walmart Inc. said in December that “theft is an issue. It is higher than what it has historically been.”

He revealed, “He also disclosed that “if that is not corrected, over time, prices will be higher and/or stores will close.”

McMillon was not lying, as Portland is preparing to go without McMillon.

“It is really city by city, location by location, its store managers working with local law enforcement,” He spoke about how his company handles thefts and other crimes.

He said that he was not sure what he expected from legislators at the time. “it’s just policy, consistency, and clarity.”

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