Tag: shoplifting
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Walgreens loss prevention had them losing even more
It seems that Walgreens extreme loss prevention methods made things even worse. The drugstore chain reported a $245 million loss as a result of the efforts. The CEO didn’t provide any additional details, beyond they would be working on creative efforts to turn things around. In reporting on this story, Regina Cho covered what people…
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Loss prevention and you
Walgreens reported that their anti-theft measures lost them $245 million in sales. Wow. I am not going to dive too much in to the specifics, but essentially the measures made it harder to take things off of the shelves. And that then frustrated real shoppers who would pay money, so they didn’t buy as much…
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Yet another retail theft event
Recently, LAPD arrested multiple suspects following a flash robbery of stores in local shopping area. The thieves made way with $1000s worth of product in just minutes. There was coverage of the arrests made and how family members helped recognizing a loved ones. There is a focus on the criminals and fighting crime. The thing…