My father was granted release on parole today, after more than 40 years in prison! 

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Lol. Shoplifting doesn't move the bottom line for companies as big as Walgreens and CVS.
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If you understood the margins you would realize that shrinkage has a disproportionate impact on this type of retailer. All you see is “big” and “corporation” but at store level it absolutely moves the needle.
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I hope you don't genuinely believe that petty theft is what makes those enormous corps go under
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No. But it certainly can be a reason for closing stores in SF. I hope you are not genuinely unable to understand the difference.
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