To most, Walmart is synonymous with low prices. To others, the retail behemoth brings to mind an image of a decidedly asinine smiley face. But to many, the store evokes something far more troublesome: crime.
Walmart has typically relied on local law enforcement to deal with all kinds of crime on company property, but, last week, Time reported that the retail chain is taking on responsibility for at least one type of crime: theft.
Walmart is partnering with Corrective Education Company, a start-up that offers shoplifters the chance to avoid entering the criminal justice system by participating in a restorative justice program that attempts to re-educate offenders about the consequences of their actions. Walmart executives are hoping the collaboration can help the store earn back some of the $3 billion it loses each year to shoplifting and employee theft, though it will do little to prevent the other crimes plaguing the big-box chain.
[For more of this story, written by Kate Wheeling, go to https://psmag.com/can-restorat...7527e0194#.gnibogxyl]
Comments (0)