Organized retail crime is on the rise, Walgreens says — so much so that theft across its San Francisco stories is five times the chain's average. Walgreens is closing five stores in response.
Walgreens Boots Alliance Inc. has announced that it will close five Walgreens stores in San Francisco in response to the rise in organized retail crime.
“Retail theft across our San Francisco stores has continued to increase in the past few months to five times our chain average,” the company said in a statement. Target Corp. TGT, +2.83% shortened the hours at its five San Francisco locations this summer because of the rise in theft.A video of a man stealing from one of the San Francisco Walgreens WBA, -0.34% locations then riding out of the store on a bicycle went viral earlier this year.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Theft-plagued Walgreens closing 5 more San Francisco storesWalgreens says it will close five more stores in San Francisco next month because of organized retail theft
Read more »
18 fun fall things to do in SoCal and San Francisco with kidsThese California spots ideal for an autumn outing could make your family smile.
Read more »
San Diego police officer charged with exhibiting gun in alleged road rage incidentOn the day of the incident, police said a woman reported that another driver had displayed a gun in a threatening manner. The woman gave police the driver’s license plate information, leading officers to William Carter Torres.
Read more »
At least 2 dead after plane crashes into residential neighborhood near San DiegoThe San Diego County Sheriff's Department urged people to steer clear of North Magnolia Avenue in the city of Santee.
Read more »