CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer ...
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 ...
Walgreens’ plan to combat increasing theft by locking products up at their stores has hurt sales, the company’s CEO said in a ...
SAN DIEGO — Retailers that keep toothpaste and deodorant under lock and key may have to pivot. Walgreens is the first to ...
"When you lock things up … you don't sell as many of them. We've kind of proven that pretty conclusively," Wentworth said. "I ...
Shares of Walgreens Boots Alliance tumbled today following a CNBC report that the Deerfield-based pharmacy chain was unlikely ...
Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.
Walgreens plans to close 1,200 stores over three years. After 70 closed September to November 2024, 450 more will close in ...
UNDATED (WKRC) - Walgreens CEO Timothy Wentworth said anti-theft measures at stores contributed to the company's $245 million ...
Walgreens is the first to admit that anti-theft ... to wait even a few minutes for a clerk to unlock your item, the CEO says, is leading to a drop in sales. They're trying to balance shoplifting ...
And that's what Walgreens faced, too. Walgreens Boots Alliance Inc. CEO Timothy Wentworth said during a Jan. 10 call with investment analysts putting more products in locked display cases "does ...