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Walgreens CEO says anti-shoplifting strategy backfired: 'When you lock things up…you don't sell as many of them’ (fortune.com)

submitted 1 day ago by ByteOnBikes@slrpnk.net to c/nottheonion@lemmy.world

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[–] makyo@lemmy.world 39 points 1 day ago (1 children)

The store in my neighborhood thought it wise to lock up the fancy Italian coffee beans. I'm absolutely sure it will not stem theft and will absolutely decrease sales. The bags are big - these are the 1kg bags - so I'm fairly sure most of the theft that is happening is internal anyway.

[–] Regrettable_incident@lemmy.world 3 points 7 hours ago

Yeah, I'm sure a lot of what they assume is shoplifting is actually internal. That's going to happen if companies don't pay their employees enough to cover food and rent.