After worries in the retail world about a rise in theft, at least one company — Walgreens Boots Alliance Inc. — says it may have been overreacting.
After worries in the retail world about a rise in theft, at least one company — Walgreens Boots Alliance Inc. — said it may have been overreacting.
“Maybe we cried too much last year when we were hitting numbers that were 3.5% of sales,”... After worries in the retail world about a rise in theft, at least one company — Walgreens Boots Alliance Inc. — said it may have been overreacting.
He said that Walgreens WBA during the quarter staffed its stores with “incremental” levels of security. But he said the company might pull back on those levels slightly, and that different types of security have been better than others. Kehoe made the remarks amid heightened anxiety over organized theft at retail stores in the pandemic era. Along with heists at physical stores, retailers have complained that weak online verification protocols have allowed illicit sales to proliferate.
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