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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Exactly - you see the little lock thing on the display and you're like, aww shit I have to go find an employee, nevermind.
edit: Urban Anarchy idea - get some of those locks and randomly stick them on display cases!
My Walmart has a little button to summon an employee. The last time (as in, both the most recent time and the final time) I went there at night to try getting diaper rash cream for my baby I pressed the button, and waited.
And waited.
Pressed the button again.
And waited.
Sunk cost fallacy. I've already waited so long, what if as soon as I walk away to find an employee somebody shows up?
After 10 minutes I went to find an employee stocking the shelves and told them what I needed. Their answer was "yeah, we saw you buzzed but we don't know who has the key. If we find out we'll have them open it for you."
So I left .
I hate Walmart so much.
Yeah but "These photos of Walmart customers will make you look twice!"
You guys know this article is about Walgreens, right?
It's about sales losses due to keeping items behind locks at Walgreens. The person you replied to gave an anecdote of the identical problem at another retailer, in order to emphasize that this is a clear problem for both retailers and customers. It hardly seems irrelevant to the conversation?
You know how in discussions people mention related things? This is one of those times, Sheldon.
"I don't want to bother them, they're busy"
And underpaid
And understaffed
And they're people. Ever since automatic checkout, I can get out there without talking to a single soul.
Every single time I see it, I add it to my Amazon cart. It's not great.
