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You mean the Walgreens locations that remain. Walgreens closed 17 stores in SF in the last 5 years. The on-the-record reason given for the closures, in statem
by busterarm 5y ago
You mean the Walgreens locations that remain.
Walgreens closed 17 stores in SF in the last 5 years. The on-the-record reason given for the closures, in statements to the city council, is petty theft.
CVS is closing stores in similar numbers and has stated that SF is "one of the epicenters of organized retail crime". In many instances the stores security guards were physically assaulted.
- pfranz 5y agoLast time I heard this discussed the number of closures over the past few years were in line with their national average.
- busterarm 5y agoYeah, but the overwhelming, landslide majority of their store closures are in poor areas. That's not SF.
- dangus 5y agoI’m skeptical about this reasoning that the company supposedly provided. I don’t think we should assume that they’re under any obligation to tell us the truth about why they’re shutting locations. I think the real reason is “Amazon, Target, and dollar stores are eating our lunch.” Without the attached clinics and pharmacies I don’t think Walgreens/CVS have a strong business to begin with. This publicly-facing explanation puts all the blame on others, not their own store management. Not their understaffed, dumpy stores with high prices and bad products. Can you think of a single product category that Walgreens or CVS does better than its equally convenient competitors?