Connect with us


What’s going on with the San Francisco Walgreens shutdowns?




In response to the unflattering narrative, elected leaders and progressive activists in San Francisco questioned the legitimacy of Walgreens’ explanation for the store closings.

“They say that’s the main reason, but I also think a place doesn’t generate income, and when they’re saturated, SF has a lot of Walgreens locations all over town, so I think there has other factors that come into play, Mayor Race of London told reporters Wednesday.

Supervisor Dean Preston then wrote a twitter thread lamenting that “media reports have accepted Walgreens’ claim that it is shutting down due to retail theft without analysis”, and shared a 2019 SEC filing in which Walgreens announced plans to close 200 stores.

“So is Walgreens closing stores because of theft or because of a pre-existing business plan to cut costs and increase profits by consolidating stores and moving customers to online shopping? Preston asked.

City leaders and critics appear to be highly motivated to preserve their respective narratives, and Walgreens Closures Online Talk is as polarized as one might expect when it comes to crime in San Francisco.

To understand if Walgreens is telling the truth, let’s start with August 2019 SEC filing Preston and other progressives in town share widely. He says the company “plans to shut down about 200 sites in the United States,” as part of a “cost management program” that was announced in December 2018.

For reference, closures accounted for about 3% of Walgreens’ nearly 10,000 locations in the United States, CNBC reported, and Walgreens has closed 10 branches in San Francisco since the start of 2019.

A Walgreens spokesperson told SFGATE in an email that the cost-cutting program to close stores in San Francisco had “already been completed” before the announcement Wednesday that five more stores were closed.

When SFGATE asked Walgreens to respond directly to accusations by Preston and others that the chain was weighing other considerations beyond retail theft, the spokesperson stopped resending the emails.

According to The San Francisco Crime Dashboard, theft-per-theft is up nearly 8% year-over-year, although crime statistics in 2020 are skewed down because the early days of the pandemic put an end to life and forced temporary store closures.

Comparing the theft figures of 2021 to the pre-pandemic figures of 2019, it will be seen that the theft reports are in fact on the decline. From January 1, 2021 to October 10, 2021, there were 21,842 reports of theft, and there were 31,958 reports during the same period in 2019, a decrease of 31.6%.

There were 33,312 reports of theft during the same period in 2018 and 35,483 reports during this period in 2017, so the number of reports of theft has actually declined in recent years.

However, analyzing San Francisco’s crime statistics without an outside benchmark doesn’t tell the whole story, as the city has higher than normal property crime rates. FBI data from 2017 showed that of the 20 largest cities in the United States, San Francisco had the highest rate of property crime per capita, and in 2019, SF had the highest rate of property crimes in the state of California.

That said, the idea that theft by theft has worsened significantly over the past few years is not supported by the data, even though there has been an increase in viral videos showing brazen thefts. Walgreens could argue that the level of retail theft in San Francisco remains so high that year-over-year declines do not move the needle and its San Francisco business remains unprofitable, but the company does not and likely will not open its books for review. .

It should also be noted that theft encompasses a broader spectrum of crimes than simple retail theft, including theft of bicycles, motor vehicle parts and accessories. San Francisco does not report statistics on thefts from retail stores in isolation, let alone on thefts from pharmacies in isolation.

Regardless, the situation with both the Walgreens and San Francisco crime is a bit more complex than the mainstream accounts suggest.




The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos


to request, modification Contact us at Here or [email protected]