Walgreens says it is closing 5 more San Francisco stores over retail theft. However, city leaders are not too convinced that's the reason.
The incident has been heavily cited by those looking for a more aggressive approach to law enforcement in the city. However, a recent announcement involving retail theft is being met with a different response.
Drugstore chain Walgreens said it would be closing an additional five stores in the city, bringing the number of shuttered locations to 22 in the past five years, according toInstead of cries for a crackdown on crime, the news has been met with intense skepticism.that, citing data from the city’s Police Department, pointed out how one store set to close “had only seven reported shoplifting incidents this year and a total of 23 since 2018.
“Media reports have accepted without analysis Walgreens’ assertion that it’s closing due to retail theft,” Preston wrote, in part. “Is Walgreens closing stores because of theft or because of a pre-existing business plan to cut costs and increase profits by consolidating stores and shifting customers to online purchases?”
Walgreens didn’t respond to the Chronicle article when asked for a comment on the paper’s claims. Instead, the company said in a statement: “Organized retail crime continues to be a challenge facing retailers across San Francisco, and we are not immune to that. Retail theft across our San Francisco stores has continued to increase in the past few months to five times our chain average.
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