Rite Aid files For Bankruptcy: Shoplifting’s Got Nothing To Do With It

 Rite Aid, once the nation’s largest pharmacy chain, filed for bankruptcy earlier this week. Why?

According to the New York Times, Rite Aid was brought down by slumping sales, poor management, and opioid lawsuits. The Times quoted a financial analyst who said the pharmacy company “has not been well managed for a very long time.”

 

How about shoplifting? An epidemic of smash-and-grab shoplifting has battered pharmacy chains across the United States. Walgreens, the nation's largest pharmacy chain, has closed several urban stores, particularly in California.

 

The word shoplifting was not even mentioned in the Times story, even though Rite Aid said recently that shoplifting was a massive problem for the company, particularly in New York City.  In a recent earnings call, Rite Aid’s CEO said the company experienced “unexpected headwinds this quarter from financial shrink, particularly in our New York urban stores.” Indeed, in just one fiscal quarter, Rite Aid experienced $5 million in theft losses in New York City.

 

Rite Aid closed NYC’s Hell’s Kitchen store earlier this year. A store employee described the out-of-control shoplifting problem. “They come in every day, sometimes twice a day, with laundry bags and just load up on stuff . . . . They take whatever they want, and we can't do anything about it. It's why this store is closing. They can't afford to keep it open.”

 

Why do you suppose the New York Times failed to mention Rite Aid's huge losses from shoplifting in New York City? Maybe the newspaper doesn't want its readers to know how much the quality of life has deteriorated in the Big Apple since the COVID pandemic.

 

Of course, New Yorkers can see the decline with their own eyes. That's why so many residents are leaving and moving to Florida.

New York’s Democratic governor, Kathy Hochul, is happy to see her constituents move out of state.

“Just jump on a bus and head down to Florida where you belong, OK? Get out of town. Because you do not represent our values. You are not New Yorkers,” she said.

Of course, Governor Hochel is correct. Unlike New York’s political leaders, people leaving New York have a low tolerance for crime—including rampant shoplifting.

"Get out of town."

Three women were stabbed in New York subways over the weekend: Flyover Country looks better and better

 Three women were stabbed in the New York subways over the weekend. All three were relatively young. A 19-year-old woman with stabbed in the leg while going up a stairway. A few moments later, the same assailant stabbed a 48-year-old woman on a subway platform. Shortly after that attack, he stabbed a 28-year-old woman on a subway train bound for Brooklyn.

These events were the latest in a string of subway assaults in New York City. Generally, the attacker is not apprehended. Twice in recent weeks, a subway passenger stepped in to neutralize an attacker and killed him. In both instances, the rescuer was charged with manslaughter.

Why would anyone live in New York City? Economic opportunity? Yes, salaries are higher in New York City than in other parts of the country. But the cost of living is also higher, much higher. A person living in Baton Rouge and making $50,000 a year would need to make $117,000 in New York City just to maintain the same standard of living.

New York is an excellent city for millionaires, and New York has more millionaires than any other American city. However, even millionaires are fleeing the Big Apple.  Twelve percent of them moved elsewhere in the first half of 2022.

Of course, New York has more cultural attractions than any other American locale. Do you want to attend the opera, take in a Broadway play, or look at abstract art? You’ll find more of that stuff in New York than in Omaha, Tulsa, or Chattanooga.

Personally, I hate opera, and I detest abstract art. I'm a fan of Western American art, which I can see at the Amon Carter Museum in Fort Worth or the Gilcrease Museum in Tulsa. More art museums appeal to my taste in Taos, NM than in Manhattan. And remember the National Cowboy and Western Heritage Museum in Oklahoma City, and it's easy to find a parking space.

Fine cuisine? Yes, New York has more five-star restaurants than any other American town. But you can't beat Praise Dah Lard in Woodville, Mississippi, for fresh cracklins. The world's best chicken fried steak can be found at the Hitching Post restaurant in Ozona, Texas, not Gallaghers in Manhattan, and you don't need reservations.

I love America’s cities. I spent some of the happiest years of my life in Houston, the nation's most culturally diverse city. Unfortunately, however, the nation’s metropolises are in decline. New Orleans is now America's murder capital. Homelessness, rampant shoplifting, and empty office towers have laid San Francisco low, and people are leaving Chicago and New York by the thousands.

Americans are fleeing the cities, and they are smart to do so. Of course, the folks living in Flyover Country don't have a view of the Manhattan skyline. Nevertheless, I can personally attest that the skyscrapers of New York are no more beautiful than a view of the bloodred sun going down over Lake Mary, Mississippi.

If you're going to San Francisco, you're sure to find some feces on your shoes

After my freshman year at Oklahoma State University, I hitchhiked to Montana, hoping to get a summer job working for the National Forest Service. That plan didn’t work out, and I wound up working in a sawmill in the little town of West Yellowstone.

That was the summer of 1966, when young people were heading west to California, where the Beach Boys sang about a little surfer girl, and San Fransisco's Haight Ashbury district promised abundant marijuana and free love. West Yellowstone, where I was stuck, was merely a waystation for youngsters headed west, a place to refuel on pizza and Olympia beer.

"Are You Going to San Francisco" was a radio hit that summer and Scott McKenzie's lyrics seem to sum up the spirit of the day. "If you’re going to San Francisco," McKenzie sang, "be sure to wear some flowers in your hair." I recall standing on West Yellowstone’s main street, listening to that song on someone's transistor radio and wishing I had the money and the courage to go to San Francisco and hang out with the hippies.  When I arrived there,  the song assured me, I would find the gentle people I had been unable to locate in Oklahoma.

Fifty years later, I don’t think many people go to San Francisco to find gentle people or put flowers in their hair. The city is a mess. Homelessness is out of control, and deadbeats shoot dope and defecate in the streets.  Office towers suffer from a 30% vacancy rate, and retailers are moving out. Whole Foods, Nordstrom, Office Depot, and Walgreens, are fleeing Frisco to escape crime and rampant shoplifting.

San Francisco is the poster child for the downfall of American cities. New York, Chicago, Philadelphia, and other major metropolises suffer the same malaise.

Every American should be alarmed by this trend because American cities are where creative people go to find opportunities. As Michael Marotta wrote in a blog essay, “The city is literally civilization. Cities--not nations or American 'states'--are the engines of creation and progress." Indeed, Marotta argued, "the American republic is culturally a very large city."

Unfortunately, most major American cities are run by idiots and race hustlers. They think they are showcasing their liberal values by enacting policies encouraging homelessness, shoplifting, and random muggings. They equate anarchy with personal liberty when in fact our individual freedoms are best protected in a society that respects the rule of law.

So if you’re going to San Francisco, don’t expect to find gentle people with flowers in their hair.  In today's San Francisco, you are more likely to find feces on your shoes.

 

Be sure to wear some flowers in your hair.