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Fortune
Fortune
Alice Hearing

Shoplifting is 'spreading faster than Covid,' according to Ex-Home Depot CEO

Robert "Bob" Nardelli (Credit: Andrew Harrer/Bloomberg via Getty Images)

Retail theft is “spreading faster than Covid” in the run-up to Christmas, according to Bob Nardelli, former Home Depot CEO and ex-chairman and CEO of Chrysler. 

Speaking on Fox and Friends on Thursday, Nardelli described the trend, which spiked around the same time in 2021, as an “epidemic”, adding that thieves appear to have become emboldened this year. 

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