Chicago Drug Store Closure Is Another Case Study in Leftist Failure
Walgreens said theft and declining prescription sales pushed the store to more than $1 million in losses, and customers will be sent to a nearby location.
- Walgreens announced plans to close its location at 86th and Cottage Grove in Chicago's Chatham neighborhood next month, with Vice President Reginald Johnson calling the decision a "last resort."
- Executives revealed the store lost over $1 million last year, with Johnson stating "theft at this store is 16%," which is "four times above the company average."
- Walgreens District Manager Jason Vasquez noted that "Lock boxes help us protect the merchandise in the store," but they were frequently destroyed, while manager Lonnie Fuqua reported security guards could not prevent attacks.
- Residents expressed frustration regarding prescription access, forcing the company to encourage customers to visit another Walgreens location about 1 mile away while coordinating home delivery for seniors.
- This closure is part of a broader strategy, as Walgreens is in the process of closing about 1,200 stores nationwide as part of a necessary turnaround effort.
12 Articles
12 Articles
Chicago drug store closure is another case study in Leftist failure
Walgreens is shuttering a location in Chicago, upsetting residents, and stirring fury among exploitative and complicit politicians. The way some local “leaders” tell it, the drugstore chain is acting greedily, selfishly, or even criminally. “Walgreens should be charged with first-degree corporate abandonment,” thundered a local alderman. “It should be a crime, the way they’re treating our elders. It should be a crime, the way they’re treating ou…
Chicago Walgreens shuts doors over theft, reveals eye-popping number
A Walgreens in Chicago’s South Side is shutting its doors, and it’s truly no wonder why. Last week, Chicago Alderman William Hall called for the corporation to be charged with “first degree corporate abandonment” for its decision to pull out of the high-crime area. Apparently they have some sort of moral obligation to continue to operate in an area where their employees get assaulted and their products are stolen simply because no other company …
Chicago Walgreens shuts doors over theft, reveals eye-popping number · American Wire News
A Walgreens in Chicago’s South Side is shutting its doors, and it’s truly no wonder why. Last week, Chicago Alderman William Hall called for the corporation to be charged with “first degree corporate abandonment” for its decision to pull out of the high-crime area. Apparently they have some sort of moral obligation to continue to operate in an area where their employees get assaulted and their products are stolen simply because no other company …
Shoplifting surged 187% at South Side Walgreens before closure announcement, city data shows – CWB Chicago
Store representatives said the store loses 16 percent of its inventory to theft, four times the company’s average. Walgreens hired security guards at a cost of $400,000 per year and locked up its most frequently stolen merchandise, but executives said those measures failed to stop the losses.
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