Retailers have been faced with increases in shoplifting and retail theft. But anti-theft prevention can hurt retail sales, ...

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 U.S. Justice Department has filed a lawsuit accusing Walgreens of filling millions of prescriptions for Americans over ...

When it comes to its retail business, Walgreens faces a tradeoff when it comes to locking up items behind anti-shoplifting displays. The Illinois-based pharmacy chain has long been one of the more ...

Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a hand-to-hand combat battle still, unfortunately." Wentworth spoke to analysts ...

Walgreens' CEO talked about the flip side of investing in increased security on a recent earnings call. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of ...

The Bay Area is an epicenter of shoplifting, and one San Francisco Walgreens even chained an entire freezer shut in 2023. Wentworth called the fight against retail theft a “hand-to-hand combat ...

One of Walgreens' most visible anti-shoplifting strategies is having unintended consequences. CEO Tim Wentworth acknowledged to investors during a Jan. 10 earnings call that the company's asset ...

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 ...