Shrinkage at Walmart
Wednesday, June 18, 2014
Investigative journalist Spencer Woodman reports about Walmart leadership encouraging store management to mask rates of "shrinkage," which is the value of goods stolen/otherwise lost, by manipulating inventory metrics—and thereby profit margins—through an array of improper and possibly illegal techniques. Woodman's article "Former Managers Allege Pervasive Inventory Fraud at Walmart. How Deep Does the Rot Go?" is in The Nation.