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Judd Legum

@JuddLegum ↗

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Last Checked Jan. 26, 2023

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Thu Jan 12 13:43:15 +0000 2023

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Judd Legum @JuddLegum

4. "Shrink" covers more than just shoplifting. It also includes damaged goods and employee theft. "External theft" amounted to just 0.5% of sales across the industry in 2021, according to @NRFnews. — PolitiTweet.org

Posted Jan. 12, 2023

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Judd Legum @JuddLegum

@Walgreens 3. The number of shoplifting offenses actually dropped dramatically between 2019 and 2021, according to FBI stats. And @NRFnews, the industry's lobbying group, found that "shrink" decreased from 1.6% of sales in 2020 to 1.4% in 2021. https://t.co/C5YJucaegF — PolitiTweet.org

Posted Jan. 12, 2023

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Judd Legum @JuddLegum

5. Now @Walgreens is admitting that its rhetoric didn't match the reality. Walgreens CFO James Kehoe told investors last week that Walgreens "cried too much last year" about shoplifting and spent too much money on private security. https://t.co/C5YJucaegF — PolitiTweet.org

Posted Jan. 12, 2023