Posted on 02/13/2023 9:45:37 PM PST by thecodont
“You reap what you sow”, no better words spoken
SF needs a wall built around it and then nuked from orbit...what a waste of space
The fascists will force any pharmacy that desires to do business in the state of California to operate a minimum number of business locations in the high crime pharmacy deserts.
Once that is unsuccessful, California will declare a health emergency and receive federal funds to operate state owned and operated pharmacies with the usual Democrat donating union employees.
“it’s a bit cheesy of Walgreen’s to purchase a small local competitor and then within a few months shut down all 7 of the former competitors’ stores”
I can’t pass judgment without knowing why Walgreens did that. Can you give us their side of the story?
If the customer demand was there after the bought-out La Boulange stores were closed, a new competitor could enter the market.
I suspect the owners of La Boulange, like many owners, built up a small chain with the intention of selling it, often to the largest competitor.
........I never needed a pharmacy much until I hit the sixties. Closing these pharmacies will fall hardest on the old folks.
That said, this just proves again that Liberals can destroy an anvil with a rubber hammer.
It also proves that “self governance” is lost when Liberals gain too much voting strength as they self destruct.
Retail theft is at a wild pace.
When the places close, the thieves will have no idea what to do.
**
Oh they’ll know what to do — they’ll start busting into homes for their loot.
Poorly written article—I can’t make out how many stores are closing.
They got tired of mopping up the poop tracked into their pharmacies.
“Clean up on Aisle 1,2,3,4 and 5.”
They selectively shut down stores after acquiring the chain in a bankruptcy fire sale:
.......I closed two stores in 1981. Shoplifting was about 51% of my reasoning. Back then, we tolerated 3-5%. But, after ten years our lease was up and it was depressing to think about another ten years. So, we just moved out when the lease was up. Several decades later I can say it was the best business move I ever made.
That was what neutron bombs were for—the city is beautiful after the locals are removed....
;-)
Many decades ago I worked at a conglomerate that owned a bunch of retail stores.
They had us sort a huge Excel spreadsheet by most profitable to least profitable stores—and automatically closed the 5% least profitable every year.
When you took a deep dive into the numbers shoplifting and employee theft rates were usually the primary difference between the worst stores and the best stores.
Why not have the local government buy/rent empty stores and turn them into bunk rooms for those on the street?
“They selectively shut down stores after acquiring the chain in a bankruptcy fire sale:”
The only way Walgreens could gain from the purchase and shortly thereafter closure of those stores is that the things they received from the purchase were worth more than the price they paid for the acquisition.
Do you think this was Walgreen’s plan, as opposed to them hoping to turn those stores into profitable pharmacies?
These pharmacies are not profitable without the front end sales of non pharmaceuticals. If a person can go in and steal with impunity, they do. The store becomes unprofitable and it closes.
It was a nationwide chain. Just because the Bay Area stores weren’t performing doesn’t mean the rest of the stores nationwide weren’t.
Another story failing to move my “Give a $hit” meter off zero.
....bullseye!
Once upon a time I went into the restroom of one of my stores. The lady employees kept their purses in the restroom while they worked.
There on the back of the commode was this young girls purse. It was a big purse and full to overflowing in earrings and costume jewelry.
Instead of calling the police I called her husband who I knew to be an Army officer from Ft. Hood. I said, you need to get over here as soon as possible, your wife is in big trouble (she was young and very pretty). That much stuff was a felony.
He came in the store and we all marched into the restroom. There was her purse. Long story short, I told him and her that ONLY because he was a young Army officer and I didn’t want to ruin his career was I turning her over to him and, needless to say, I fired her.
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