Walmart FLEES Blue City

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In this clip from The Bald Brad Show, Walmart announced it is permanently closing all of its locations in Portland, Oregon, over financial reasons. The announcements come just a few months after the Walmart CEO warned stores could close and prices could increase in light of sky-high retail crimes affecting stores across the country.

"Theft is an issue. It’s higher than what it has historically been," Walmart CEO Doug McMillon said in December on CNBC. He added that "prices will be higher and/or stores will close" if authorities don’t crack down on prosecuting shoplifting crimes.

Watch the full episode here: https://www.youtube.com/watch?v=vultqfrCj2M

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