During an earnings call on Friday, Walgreens CEO Tim Wentworth made a startling admission. Despite these measures, the company reported a 52 percent increase in 'shrinkage,' the retail term for ...

But there is a downside to that tactic, Walgreens CEO Tim Wentworth said. “When you lock things up, you don’t sell as many of them. We’ve proven that pretty conclusively,” he said on an ...

Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s decision to lock up products after reporting a 52% increase in stolen ...

Walgreens Boots Alliance CEO Tim Wentworth conceded that locking up products in order to combat retail theft had a negative impact on stores. During an earnings call on Friday, executives ...

The pharmacy chain's CEO Tim Wentworth said in Walgreens Boots Alliance's first-quarter earnings call Tuesday that "When you lock things up … you don't sell as many of them. We've kind of proven ...

Walgreens is conceding that locking up its merchandise makes customers less likely to spend. In a Friday earnings call, Tim Wentworth, the CEO of parent company Walgreens Boots Alliance, admitted that ...

Tim Wentworth, CEO of Walgreens Boots Alliance, the parent company of Duane Reade, acknowledged to investors during a Jan. 10 earnings call that the company's asset protection tactic of locking ...

In a Friday earnings call, Tim Wentworth, the CEO of parent company Walgreens Boots Alliance, admitted that, “When you lock things up … you don’t sell as many of them.” He added ...

The move is part of a multi-year cost-cutting program under CEO Tim Wentworth, according to an October 2024 article in USA Today. "This turnaround will take time, but we are confident it will ...