Home Depot Increases Security Spending as Organized Theft Surges
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Home Depot has seen a marked rise in organized theft incidents alongside CVS and Walmart, driving a companywide increase in security staffing and surveillance upgrades. Management warns of elevated shrinkage costs and plans to expand loss-prevention resources across its 2,300 U.S. locations.
1. Retail Crime Wave Pressures Home Depot
Home Depot stores nationwide are experiencing a significant uptick in shoplifting and organized theft, mirroring similar trends at CVS and Walmart. The company has responded by increasing security personnel, installing advanced surveillance systems and bolstering coordination with local law enforcement. Management forecasts rising inventory losses and has earmarked additional resources for loss-prevention initiatives through 2026.
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