Home Depot Adds Security Measures, Remains Committed to High-Theft Locations
Home Depot(HD) PYMNTS·2024-03-15 16:12
Despite rampant retail theft forcing many retailers to close their doors, Home Depot has reportedly reaffirmed its commitment to major U.S. cities such as Detroit, Philadelphia and Oakland, California.The home improvement retailer has been heavily investing in technology to combat the significant increase in organized retail crime that’s been seen over the past five years, Home Depot CEO Ted Decker told Bloomberg in a report posted Friday (March 15).In 2023 alone, Home Depot experienced over 142,000 instanc ...