Sounds like the same story Walgreens was using when they closed a bunch of stores in San Francisco before they eventually had to backpedal:
Flashback: In October 2021, Walgreens announced it was closing five San Francisco stores due to “organized retail crime” in the city.
- The following month, San Francisco Police Department data showed the five stores set to close had fewer than an average of two reported shoplifting incidents a month since 2018.