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Written by Esther Schindler on 2025-01-15 at 17:19

Today in "No Shit, Sherlock" https://fortune.com/2025/01/14/walgreens-ceo-anti-shoplifting-backfired-locks-reduce-sales/

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Written by davenicolette on 2025-01-15 at 17:29

@estherschindler If it was an anti-shoplifting strategy, then it didn't backfire. It only backfired if it was a sales strategy.

Many retailers factor in the cost of the usual level of theft in their pricing. Unfortunately, honest customers pay a little more. But that's a sales strategy.

Locking everything up is a perfect strategy to prevent shoplifting. They could lock the doors, as well.

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