Walgreens executive says the company 'cried too much' about theft and may cut back on private security guards

Walgreens executive says the company 'cried too much' about theft and may cut back on private security guards

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Walgreens says inventory shrink in its stores has dropped. Nick Ut/AP Images Walgreens CFO James Kehoe said the company overstated theft concerns in 2022. Kehoe said at the start of 2022 that the company's retail shrink rate had increased by 52% from 2020. The CFO called private security firms…

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