One year after calling organised retail theft “gangs” a “real issue” that forced store closures, a topic that animated right-wing media tabloids over the the last two years, a top Walgreens executive said the pharmacy retailer’s fears may have been overblown.
“Maybe we cried too much last year,” Walgreens chief financial officer James Kehoe said during an earnings call on 5 January, according to CNBC. “We’ve put in incremental security in the stores in the first quarter. Actually, probably we put in too much. We might step back a little bit from that.”
