‘Maybe we cried too much’: Walgreens hints it exaggerated shoplifting surge

Financial chief James Kehoe admits company may have overstated purported problem, which fueled rightwing outrage over crime

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Coordinated attempt to blame the poor for inflation, when it was simply monopolization of global supply chains and corporate greed.
[Image description: picture of a tweet from @GravelInstitute stating "Someone stole $950 worth of items from a Walgreen's - there were 309 stories about it. Walgreen's was caught stealing $4.5 million from employees - it got just one single story.]
- This deserves its own post 😡
He just clarifies between individual shoplifters and organized retail theft. From the article: "Theft is an issue. It’s higher than what it has historically been,” the company chief executive, Doug McMillon, told CNBC. However, McMillon said that this has largely stemmed from “organized retail theft” rather than one-off shoplifting.
- The statement about "organized retail theft” was made by a different person, some walmart executive, and the walmart executive does not provide any facts or numbers to backup their statement. So I would not put to much trust into their statement which is super vague.
- Is "organized retail theft" what they're calling self-checkout shrinkage?
  
  Maybe it's when an entire family is starving so badly they all go and steal to survive?
  
  Or it's the Grocery Gangs of the north east. They'll get ya!

9 comments