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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