Posted 4 days ago
Walgreens said Tuesday that it will be closing another five San Francisco locations, citing the ongoing rampant theft plaguing the city.
"Due to ongoing organized retail crime, we have made the difficult decision to close five stores across San Francisco," a Walgreens spokesperson told FOX Business in a statement. "Each store will transfer prescriptions to a nearby Walgreens location within a mile radius and we expect to place the stores’ team members in other nearby locations."
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"Organized retail crime continues to be a challenge facing retailers across San Francisco, and we are not immune to that," the spokesperson continued. "Retail theft across our San Francisco stores has continued to increase in the past few months to five times our chain average. During this time to help combat this issue, we increased our investments in security measures in stores across the city to 46 times our chain average in an effort to provide a safe environment."
The stores closing in the coming weeks are at 2250 Ocean Ave, 4645 Mission Street, 745 Clement Street, 300 Goug... (Read more)
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