I'm going to fight tooth and nail when someone calls NYC unsafe, but it's going to be very difficult to argue against the store closings because of theft (as at least one factor).
I've personally witnessed three blatant thefts in the last few years from my local Duane Reade (that closed down in April). Every time the clerks are like "pretty sure that was the same guy from yesterday". It's never violent or scary. It's just like watching a fight between homeless people in a subway station -- you look, think that's odd, and move on.
I suspect it's not all shrinkage though. I imagine continued trends where we buy more and more things via online retailers like Amazon and the growth of online/by mail pharmacies has contributed too. CVS/Duane Reade are still opening new locations too, so it can't be all that bad.
I've personally witnessed three blatant thefts in the last few years from my local Duane Reade (that closed down in April). Every time the clerks are like "pretty sure that was the same guy from yesterday". It's never violent or scary. It's just like watching a fight between homeless people in a subway station -- you look, think that's odd, and move on.
> Where in NY are these stores closing? 4 different pharmacies that have closed down since the pandemic just on my path to work, including two a stone's throw from the NY stock exchange. https://maps.app.goo.gl/fJcHCgjVacP5pEuHA https://maps.app.goo.gl/kmDXnjHruMCvS2CA6
I suspect it's not all shrinkage though. I imagine continued trends where we buy more and more things via online retailers like Amazon and the growth of online/by mail pharmacies has contributed too. CVS/Duane Reade are still opening new locations too, so it can't be all that bad.