Walgreens CEO on shoplifting strategy: 'Lock things up ... you don't sell as many'
Retailers have been faced with increases in shoplifting and retail theft. But anti-theft prevention can hurt retail sales, ...
Walgreens CEO Admits Anti-Theft Measures in Stores Contributed to Company's $245 Million Operating Loss
Timothy Wentworth, the CEO of Walgreens' parent company, Walgreens Boots Alliance, said during a recent earnings call that ...
Walgreens CEO says anti-theft measures are backfiring on sales
SAN DIEGO — Retailers that keep toothpaste and deodorant under lock and key may have to pivot. Walgreens is the first to ...
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Walgreens CEO Admits That Locking Merchandise Away From Shoplifters Makes Regular People Not Buy It
American pharmacy store chain Walgreens has discovered that locking its wares behind lock and key in an apparent effort to ...
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Walgreens stock tumbles on report that private equity deal is unlikely
Shares of Walgreens Boots Alliance tumbled today following a CNBC report that the Deerfield-based pharmacy chain was unlikely ...
Walgreens replaced its refrigerator doors with digitized ad-laden glass. It might become a $200 million debacle
Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.
Locking up products to combat shoplifting is bad for business, drugstore CEO reports
STATEN ISLAND, N.Y. -- While many big-box chains now lock up merchandise as a means of combatting theft -- requiring shoppers ...
Walgreens CEO says anti-theft measures contributed to company's $245 million loss
UNDATED (WKRC) - Walgreens CEO Timothy Wentworth said anti-theft measures at stores contributed to the company's $245 million ...
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Walgreens CEO on shoplifting strategy: 'Lock things up ... you don't sell as many'
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 ...