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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 2 days ago by [email protected] to c/nottheonion

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[–] makyo 39 points 2 days ago (3 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.

[–] [email protected] 3 points 2 days ago (1 children)

@makyo It might have been done for that reason, to help track shrinkage. A kind of trouble-shooting.

[–] makyo 3 points 1 day ago

Ah I hadn’t thought about that but that’s a good point

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