Walmart to Close Remaining Portland, OR 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 related to in-store theft or fraud.

RELATED: Portland PD carries out shoplifting sting after Walmart closes remaining stores in the city

Categories: Crime, Democrats, Oregon

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