💬 Quoted…​​ “Theft is an issue. It’s higher than what it has historically been.”

In a CNBC interview given yesterday, Walmart CEO Doug McMillon said a recent uptick in shoplifting could lead to higher prices and closed stores – if the problem persists.

• It’s not alone either. Last month, fellow retail giant Target reported a 50% annual increase in shoplifting, leading to $400+ million in lost profits this year.

🍽️ Stat of the Day: The US wastes an estimated 108 billion pounds of food each year, per nonprofit Feeding America – an amount equal to ~40% of the food made in America each year.

🤯 Did You Know?... Gatorade was first invented at the University of Florida, and is named after their mascot, the Gators (Gator-aid).

📖 Worth a Read: So You Want To Be a TikTok Star → (The New Yorker)