One ominous reason why Wal-Mart is bringing back greeters

The Business Insider reports:

Wal-Mart is bringing back employees known as "greeters" to its store entrances.

The company is also adding a fleet of "asset protection customer specialists," who will check receipts as shoppers leave, The Wall Street Journal reports.

Wal-Mart is testing the added door presence in 300 of its 4,500 US stores, according to the report.

This could indicate that Wal-Mart's theft problems are getting worse.

The company likely loses about 1% of its US revenue — or roughly $3 billion dollars every year — to stealing by customers and employees, Reuters reports.

Wal-Mart US chief Greg Foran recently said that the company is making a renewed push to reduce theft.

Billion here a billion there.. it adds up. You'll notice government never worries about theft.