Walmart to close remaining Portland stores as crime-ridden city battles shoplifting wave
Walmart will close its last two stores in crime-plagued Portland, Ore., as the city contends with a relentless wave of shoplifting that has hammered retailers. The closures, set for March 24, come months after CEO Doug McMillon warned the discount retailer was seeing a spike in “shrink” — a term the retail industry uses to address losses …
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