Rite Aid is struggling against increased theft at its New York City stores that executives say cost the pharmacy chain $5 million in losses during its most recent quarter.
In a call with investors Thursday, executives said the company is testing new security efforts to prevent theft in high-crime areas. Arnaud Persaud, Rite Aid's chief revenue officer, said this may mean vastly increasing the amount of products behind lock-and-key displays. A Rite Aid located in Manhattan's Hell's Kitchen neighborhood reported $200,000 in stolen merchandise over a two-month period alone andPersaud said the goal is not to resort to closing stores, but rather to improve methods to halt theft in order to continue serving communities.
They should close and leave nyc not worth being there .. cesspool
It's time to change the business model
Put everything online and have people stop in a pick it up. I remember seeing a Kroger like that once. They had a room with a register, and you paid and picked up your order. The store itself was not open to the public.
Back to the old days of telling the shopkeep what you want and they pick it out for you.
Already like that near me. Sometimes put 1-2 items out unlocked but almost everything else is locked up and no help around to unlock.
Woke liberal soft policies. Need law and order. Sad
At that point you just need to close riteaid
i don’t understand how this solves the problem. if i’m a potential thief, i simply ask employees to unlock stuff for me, and then i walk out with it anyway. like, how does locking things up help?
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This is a 1st world country? 🤨