New York mayor says retailers must force shoppers to remove masks when entering stores to prevent crime. 'It's not about being fearful of a pandemic.'
, due to the coronavirus pandemic — make it hard to do so. He added that once in the store, shoppers can feel free to wear face masks.Adams' comments come as retailers have sounded the alarms about above-average theft rates for months. Walmart President and CEO Doug McMillon said in December 2022 thatreduced Target's gross margin by more than $400 million
in fall 2022 compared with the year prior, Target CFO Michael Fiddelke said in November 2022 during a company earnings call. He said the company expected those profit losses to grow to $600 million by the end of the fiscal year,
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