“The Home Depot Shares Huge News: Facing Trouble and Increased Risk”

Retail giants have always had to deal with petty theft, but a growing trend of retail cri me is now eating into company profits while increasing risk to the safety of workers.

It’s a big problem for retail, Home Depot (NYSE:HD) CEO Ted Decker told CNBC’s Squawk Box. This isn’t the random shopIifter anymore.

The home improvement retailer has faced the Ioss of two employees — Gary Rasor, 83, and Blake Mohs, 26 — who were kiIIed during separate theft inci dents over the past year.

In August, a Florida pastor was arrested and accu sed of operating a multimillion-dollar theft ring stealing from numerous Home Depot locations in the state.