[chiefalchemist]

A Walgreens or CVS closed near my GF's flat in NYC. She's within 10 blocks of Central Park. The chain said it was due to too much shrinkage. It's been discussed on WNYC as well, tho those experts claimed most shrinkage is employee related.

I live closer to PHL and hear similar claims / rumours.

https://www.msn.com/en-us/money/markets/it-s-started-shoplif...

[gremlinunderway]

Self-reporting on these reasons from the business itself is basically useless. No one's fact checking their claims nor do they provide evidence when making these kinds of social-narrative driven claims like "taxes are too high!" or "too much theft!". Businesses, including chains, fail all the time and the owners/managers have an inherent incentive to try and deflect any blame on environmental factors so they are looked at more favourably by corporate.

[chiefalchemist]

True. But why not just say, "Rent is too high"? At least then, perhaps, the lease can be renegotiated. Or even, "we plan on opening a larger store" and just never do it.

I certainly agree there might be spin, but then why choose theft?

[mogiddy55]

You can call it a "narrative", but then I get to shrink the "food desert" term into just a part of some narrative too, since I've seen personally how theft drives out grocers in MN here. One after another "underperforming".

The progressive D.A.'s and A.G.'s, who own this project of mass downward departure from normal sentencing, do not expect things to change overnight by taking pressure off (mainly) the poor and the young.

But in 5-10 years if crime is worse and society more stratified, their project can be called a failure.