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'Maybe we cried too much' over shoplifting, Walgreens executive says

Summary by Ground News
"We might have cried too hard on theft," said James Kehoe, CFO of Walgreens Boots Alliance. Target said it had lost $400 million in 2022 due to "a significant increase in theft and organized retail crime" Walmart also raised the alarm over the issue last month.

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  • 58% of the sources lean Left
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CNBC broke the news in United States on Thursday, January 5, 2023.
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