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covercash | 1 year ago

The Cooler Screens CEO sounds like a “fake it till you make it at all costs” kind of guy just based on the allegations of fraud at his tea company and his conspiracy allegations at the Four Seasons interview. I’d be very wary of any data provided by his company indicating increased sales, it’s very easy to manipulate the excel data if nobody is verifying how the data was collected in the first place.

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kevinventullo|1 year ago

But shouldn’t increased sales numbers be something Walgreens measures? On the other hand, this was probably some mid-level exec’s chance at growing in the company, so maybe there was some internal incentive to massage the numbers (e.g. maybe 5% is much smaller than the per-store standard deviation).

I dunno, just guessing.

yorwba|1 year ago

The article mentions

"[Cooler Screens CEO] Avakian [...] says [Walgreens] turned off its access to point-of-sale data for products outside the cold section, which brands like Revlon needed to confirm lipstick ads on fridges really were enticing shoppers to walk over to the beauty aisle."