Wal-Mart Shrink Not Shrinking

As a possible consequence of its less-aggressive enforcement policy against shoplifters and cutbacks in security personnel, Wal-Mart is suffering an increase in theft, according to this Associated Press story. It cited a June 1 SEC filing that said the gross profit margin for its Wal-Mart Stores segment fell by 0.1 percentage points in the first quarter due in part to "higher inventory shrinkage," according to the story. The piece discusses quite a few possible causes.