Shoppers can’t stand when toothpaste, deodorant and other items are locked up behind glass display cabinets at stores.
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer ...
Walgreens’ plan to combat increasing theft by locking products up at their stores has hurt sales, the company’s CEO said in a ...
The five local Walgreens stores to be closed are all on the city’s South and West sides, serving African American and Latino ...
Walgreens argued the defendant, a family member of its founder, violated an agreement by starting Walgreen Health Solutions ...
Retailers have been faced with increases in shoplifting and retail theft. But anti-theft prevention can hurt retail sales, ...
Timothy Wentworth, the CEO of Walgreens' parent company, Walgreens Boots Alliance, said during a recent earnings call that ...
It’s also cheaper for them to lock up products than add more employees, security and other major investments that may limit theft but make the store unprofitable to operate. A Walgreens ...
The CEO of Walgreens admits that locking up products to deter theft is irritating paying customers and is hurting sales. The ...
Walgreens is looking at "creative things" to stop theft without resorting to locking up products, Wentworth said, but he didn't "have anything magnificent to share" yet. Walgreens and other ...
Walgreens and other retailers have had to combat so-called "retail shrink," or the loss of inventory from causes other than sales, Wentworth noted. The company took steps to secure more products ...