Walgreens executive says 'maybe we cried too much last year' about theft

[Joe Cool]

https://www.cnbc.com/2023/01/05/walgreens-may-have-overstated-theft-concerns.html

Walgreens acknowledged it may have overblown concerns about thefts in their stores after shrinkage stabilized over the past year.
“Maybe we cried too much last year,” Chief Financial Officer James Kehoe said.
The company made investments into private security guards, but they’ve proven “largely ineffective,” Kehoe said.

[Sanity Claws]

1. It is very hard to purchase anything there now.

Everything is locked up and you need a salesclerk to get you the merchandise. Salesclerks are unavailable to help.

[RealityBasedNewYorkr]

2. Walgreens / Duane Reade becoming unusable

Everything’s locked up, stuff that isn’t locked up is being stolen by the garbage bag full by local organized crime and assorted degenerates…urgh

[Golden Raisin]

7. Exactly. Locked-up at Walgreen's/Duane Reade started with just a few "high-end" items

and has now devolved to almost everything in the store. And you could grow old and grey after pressing the little "Help" button for a store employee to eventually wander over to open up the lock. At my location both floor and pharmacy very under-staffed these days.

[WhiskeyGrinder]

3. Lmaooooo

[Mosby]

5. What's so funny?

[Bayard]

4. They closed their big store here in town

That included the pharmacy, and everything else under the sun. Then, built a small, drive thru pharmacy in a different spot.

[Greybnk48]

6. Their pharmacy has gone waaay downhill too!

In just the past year, the pharmacy near our house has become so unreliable, and often closed all-together, to the point that my doc is hesitant to send scripts there. We've started sending scripts to the 24hr pharmacy a few blocks further away.

This is shocking to us in that we've used this pharmacy for 15 or 20 years and it was excellent.