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A related story is that the Walgreens CFO admitted during a recent earnings call that the company may have overstated "shrinkage" of inventory and that it had s
by mhalle 3y ago
A related story is that the Walgreens CFO admitted during a recent earnings call that the company may have overstated "shrinkage" of inventory and that it had spent too much on "largely ineffective" private security to combat it: https://www.cnbc.com/2023/01/05/walgreens-may-have-overstated-theft-concerns.html https://www.cnbc.com/2023/01/05/walgreens-may-have-overstate...
It is hard to fully understand what caused the disconnect from reality.
Here's a good NPR piece discussing the issue: https://www.wbur.org/onpoint/2023/12/18/is-shoplifting-getting-worse-in-the-u-s https://www.wbur.org/onpoint/2023/12/18/is-shoplifting-getti...
- kevin_thibedeau 3y agoThey should just return to the 19th century retail model where customers orders are fulfilled by clerks. Shrinkage will be reduced to whatever the dishonest employees are taking for themselves.
- bootlooped 3y agoImmediately upon implementing that we'll start getting presented with the tip screen.
- ad2k 3y agoWe already are.
- droopyEyelids 3y agoI was at a gas station in Indiana last week and the pump asked me to choose a tip percent before i could start to pump
- throwup238 3y ago> be reduced to whatever the dishonest employees are taking for themselves. I was under the impression that two thirds of shrinkage was from employees to begin with. Either through error or theft.
- droopyEyelids 3y agoEven thats weird how they refer to “employees” like its hourly folks doing all the theft and not scams at a higher level
- PM_me_your_math 3y ago[dead]