Walgreens CEO says anti-shoplifting strategy backfired: 'When you lock things up…you don't sell as many of them’
Walgreens CEO says anti-shoplifting strategy backfired: 'When you lock things up…you don't sell as many of them’
Walgreens' CEO talked about the flip side of investing in increased security on a recent earnings call.
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article is paywalled. I found a similar article with no paywall: https://www.cbsnews.com/boston/news/walgreens-shoplifting-retailer-james-kehoe/
paywalled
Headline is right.
'When you lock things up…you don't sell as many of them’The irony…
I mean when you give things away you don’t sell as many of them either.
Selling stuff works best in an environment where the goods aren’t free but the people are.
People make money at roadside food stands based on the honor system. Anyone who just thinks “that’s naive” doesn’t know what they’re missing. A trust-based society that keeps accounts is the best society.
Reminder, using the reader function in Firefox skips almost all pay walls.
More and more sites are only partially loading the reader function info so that it cuts out at the same place as the preview part.
Used to be very helpful though!
I've noticed some will truncate if you scroll before entering reader mode, can you provide an example that didn't work?
Archive copy of the Fortune article: https://archive.is/PoraP
Thank you! It wasn't paywalled on my end and I wonder if it activates on traffic.
How interesting, and annoying. Thank you for the post regardless.