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CC-Transcript

  • 00:00So I noticed in a couple of drug stores, even in my area, which is not the poorest area in Washington, D.C., it's a nice upscale sort of area. When I went to get razor blades, you have to go to the front of the place and ask somebody, unlock it. Why? Why are you locking up razor blades and other things that I might want to buy? So, you know, this is a national problem. And, you know, this isn't, you know, random theft. This is organized crime. And state legislation has put guidelines on, you know, how much you you know, the theft that you can steal before you're convicted. So it's a thousand dollar limit. But we have been partnering with other retailers and sharing our camera feed. And some of our partners here from Wal-Mart are here. But we're all part of an organization that's coming together. And it says if he you know, we can put our camera feed together and tell that that person has been in our store and their store and the numbers are higher than 1000. So we've been able to impact these offerings most recently. What are the things that are unlocking key the most? What are people trying to steal the most other than razor blades? You know, I will tell you, I actually it started at razor blades because at such a high ticket item. But, you know, it's a lot of cosmetics. But really, what happens is that they take advantage of what I would call the elbow move and they just come in and swipe the counter. And so it's just a matter of categories. Now.
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What Are People Stealing the Most From Walgreens?

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February 1st, 2023, 1:04 PM GMT+0000

Rosalind Brewer, Walgreens Boots Alliance CEO, says high-ticket items such as razor blades and cosmetics are being stolen the most from stores. She says Walgreens is working with other retailers to stop theft rings. Brewer spoke on "The David Rubenstein Show: Peer-to-Peer Conversations" recorded Dec. 7 in Washington. (Source: Bloomberg)


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