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San Francisco mayor London Breed claims Walgreens is only shutting five stores to cut costs – but chain says it spends nearly FIFTY TIMES as much on security at SF stores compared to anywhere else

San Francisco mayor London Breed has disputed Walgreen’s claims it needs to shutter five stores in the city because its soft laws on shoplifting have led to rampant theft, claiming that the big chain was simply trying to slash costs and increase profits – and that retail theft was an easy scapegoat.

Mayor London Breed told reporters last week that she thinks ‘there are other factors that come into play’ and San Francisco District 5 Supervisor Dean Preston tweeted that the pharmacy chain has ‘long-planned to close hundreds of locations.’

The national chain has closed 17 of its 70 San Francisco locations in the past two years and cited the shelf raiders, who have swiped every kind of product not behind lock and key.

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