Boston City Council pressures Walgreens to reverse plan to close pharmacies 01:36. By Nathaniel Meyersohn, CNN Business. Throughout the pandemic, major retailers have warned about surging theft ...

Walgreens hints it might have gone too far fighting theft. ... retailers reported a 26.5% increase in organized retail crime incidents in 2021, ...

Walgreens executive admits retail theft concerns are overblown: ... On average, stores reported two shoplifting incidents a month from 2018 to their closures in 2021.

Walgreens' shrink rate, or items lost to theft and damage, is 40-50% higher than it was prior to 2020. "These are gangs that actually go in and empty our stores of beauty products," the company's ...

Walgreens says it is closing 5 more San Francisco stores over retail theft. However, city leaders are not too convinced that's the reason. San Francisco Walgreens store closures cause uproar - Los ...

Walgreens is looking at “creative things” to stop theft without resorting to locking up products, Wentworth said, but he didn’t “have anything magnificent to share” yet.

SAN FRANCISCO (KRON) — A prolific San Francisco retail theft suspect charged in nearly two dozen separate incidents is being held in jail without bail, SF District Attorney Brooke Jenkins ann… ...

Walgreens was targeted in multiple shoplifting incidents, which prompted the company to close a number of stores throughout San Francisco By Louis Casiano Fox News Published April 4, 2022 9:49pm EDT ...

Shabazz stole from Walgreens in five separate incidents. "Whether the work of organized retail theft rings or of individual suspects, the burglaries impacting our local businesses will not be ...

Walgreens executive admits retail theft concerns are overblown: ... On average, stores reported two shoplifting incidents a month from 2018 to their closures in 2021. Advertisement.

In 2023, Walgreens' then-chief financial officer James Kehoe indicated the company may have gone too far: "Maybe we cried too much" about theft and other losses, he said.