How Costco is winning the war against rising retail theft


Costco says "strictly controlling the entrances and exits and using a membership format" help it curb retail theft.
Anthony Bolante/Reuters
Walmart, Target, and other major retailers are sounding alarms about rising losses due to theft.
Costco's CFO says the wholesale club has been fortunate to avoid the wider industry trend.
Here's how Costco's model helps it win against…
This story appeared on businessinsider.com, 2023-05-26.