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Theft-plagued Walgreens closing 5 more San Francisco stores

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  • Theft-plagued Walgreens closing 5 more San Francisco stores

    Source: https://www.ctvnews.ca/world/theft-p...ores-1.5621035

    Theft-plagued Walgreens closing 5 more San Francisco stores
    The Associated Press
    Published Wednesday, October 13, 2021 3:02AM EDT

    SAN FRANCISCO -- Walgreens said Tuesday that it will close five more stores in San Francisco next month because of organized retail theft in another blow to a city that has earned an embarrassing reputation for widespread and brazen shoplifting.

    The stores will close down next month, SFGATE reported. It said Walgreens has closed at least 10 stores in the city since the start of 2019.

    "Retail theft across our San Francisco stores has continued to increase in the past few months to five times our chain average" despite large increases in security, Walgreens spokesperson Phil Caruso said.

    San Francisco Supervisor Ahsha Safai said he was devastated by the loss of a Mission Street store that "has been a staple for seniors, families and children for decades."

    "This is a sad day for San Francisco," Safai told SFGATE. "We can't continue to let these anchor institutions close that so many people rely on."

    Last year, Walgreens closed one store where the chain said it was losing US$1,000 a day to thefts.

    Frustration and fear over thefts have been fueled by widely circulating images of shoplifting caught on video. This summer, shoplifters in masks carrying armfuls of designer handbags sprinted from a downtown Neiman Marcus department store and into getaway cars...
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