What Walgreens isn't saying: Store closures show a strategic shift to survive in the age of Amazon
There is likely more to Walgreens' planned closure of five San Francisco stores than the simplistic narrative that it's all the fault of a liberal city giving free rein to lawbreakers. But some experts suggest there's more to the announcement of...
1 comment
I am sure there are many factors. But when retail has a marginal profit compared to online, having criminals fill up shopping bags with stolen items from your store on a daily basis, scaring customers and causing you to have to hire expensive security, accelerates the transition. The people who are hurt by this crime are the elderly, poor people who pay cash and recent immigrants. Walgreens and the tech savvy will be fine.
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