Supposedly they are having record thefts, which is part of the reason they’ve increased prices.
But from what I can find, there hasn’t been an increase in theft reports to the police, and I would think their insurance requires a police report if they want to file claims on this apparent rash of thefts.
I think it’s all bullshit, and it’s going to come out in a few years that all the major big box stores colluded to raise their pricing as an attempt to squeeze more profit out of a dying economy that is also shifting away from them.