The Company’s Anti-Theft Budget
As described in Forbes, Walmart has to make an assessment on how much to spent on their anti-theft efforts. If the problem costs $1.5 billion per year, it doesn’t make sense to spend $3.25 billion on trying to deal with this issue. So it seems like it actually seems like turning a blind eye to some petty theft is the smarter economical choice.
How Effective Is It?
A police officer commented that Walmart can absolutely do more when it comes to reducing the number of shoplifting cases that take place in the store. He also said that a significant amount of time is spent investigating crimes that take place at Walmart. This is probably what makes people wonder about how effective the store’s security system actually is.