Judd Legum

@JuddLegum ↗

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Last Checked Jan. 26, 2023

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Thu Jan 12 13:49:24 +0000 2023

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Judd Legum @JuddLegum

6. According to @Walgreens, total shrink in its last quarter was 2.5%. Kehoe said he was "quite happy" with the number We asked Walgreens how much of the 2.5% was due to shoplifting. The company didn't answer It's likely that external theft @Walgreens amounts to <1% of sales — 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

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Judd Legum @JuddLegum

7, @Walgreens upbeat comments gloss over the company's role in fomenting a national panic over retail theft. Mainstream gravitates toward sensationalist crime coverage In this case, the media spread the drugstore chain’s dubious narrative, even though it wasn't backed by data — PolitiTweet.org

Posted Jan. 12, 2023