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The article doesn't support your claim. What it supports is the idea that for Walgreens as a whole, shrinkage isn't a make-or-break issue. It says nothing about whether Walgreens will choose to place or keep a store at a high-theft location or whether a mom-and-pop store can survive in the same.

The grocery business is famous for having very thin margins, so anything that cuts in will necessarily cause fewer options for the people of that area. Academic studies have generally shown that this is in fact not a trope but fact.




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