DIY VIRAL
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We've all been there. We walk into a pharmacy to buy a high fructose corn syrup drink and a few personal items and find ourselves in the store for an hour waiting for an overworked, underpaid, and very unmotivated employee to open the jail in plastic where razors, deodorant and detergent are located are incarcerated. It's boring, unnecessary, and kind of makes you feel like, “Do they think I'm a shoplifter?”
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Well, the CEO of Walgreens recently admitted that this desperate and despicable attempt by the company to save its inventory has backfired so badly that 1,200 stores will have to close their doors permanently by 2027. According to Daily MailTim Wentworth shocked shareholders by announcing that their security attempt had led to a 52% increase in thefts. Wentworth added that not only are thefts up, but sales are down. Descent.
“When you lock things up…you don’t sell as many.” We kind of proved it pretty conclusively,” Wentworth admitted.
Several stores in the Bay Area, Oakland, San Francisco and Richmond are all expected to close at the end of the month. It's pretty annoying that such a bad policy decision could cost employees their paychecks.
DIY VIRAL
