The simple fact is that any law enforcement will result in some civil rights violations. It's just a statistical inevitability. This is one of the reasons I'm extremely cautious about new regulations; part of the price of a new law is one or two more Eric Garners.
Consider the possibility that if the greeters actually prevented a significant amount of shrinkage, walmart would have kept them. The cases being referred to the cops are only a tiny percentage of the shrinkage that occurs.
It's a possibility, I guess. But I've seen enough MBAs cut costs with poorly understood consequences to be a little skeptical of that assertion. How would they even know? Did they run a controlled experiment? Or did they just say a prayer to Jack Welch and cut anything they could?
I haven't seen a lot of news stories about civil rights violations by Target's security guards. Maybe they're under the radar?