The sign says YEG which is the airport code (and nickname) for Edmonton, Canada. I have worked retail in both Edmonton and Vancouver, and can confirm, this is a common practice in both cities.
I was told it was partly to show no cash was kept on the premises, but also because the cash register drawers were very expensive to repair, so it was better to leave them open.
I live in Edmonton and you're correct. This business and it's neighbours have had their windows smashed several times in the past couple years so it's understandable they're doing everything they can to avoid it happening again.
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