Walgreens has announced it will be closing its 300 Gough store in my district, citing organized retail theft. This store serves important needs of neighborhood residents. Media reports have accepted without analysis Walgreens' assertion that it's closing due to retail theft. 1/4
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Walgreens has long planned to close hundreds of locations. In an SEC filing in August 2019, Walgreens stated that it planned to close approximately 200 US stores following “a review of the real estate footprint in the United States.” https://www.sec.gov/Archives/edgar/data/1618921/000119312519214110/d786644d8k.htm … 2/4
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So 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? 3/4
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Replying to @DeanPreston
I live in a neighborhood where a Walgreens is about to close. Shoplifting is just an excuse! They allow people to steal! I saw a homeless with a carry-on taking everything he wanted and nobody moved. It’s an open bar!
8 replies 1 retweet 8 likes
it's okay to change ur pronouns "They" to @chesaboudin and @DeanPreston.
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