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 ...

SAN DIEGO — Retailers that keep toothpaste and deodorant under lock and key may have to pivot. Walgreens is the first to ...

American pharmacy store chain Walgreens has discovered that locking its wares behind lock and key in an apparent effort to ...

UNDATED (WKRC) - Walgreens CEO Timothy Wentworth said anti-theft measures at stores contributed to the company's $245 million ...

Walgreens' strategy of locking up merchandise — from deodorants to bags of M&M's — to deter theft has backfired, according to ...

The CEO of Walgreens suggested that placing their products under lock and key may have actually backfired. "When you lock things up … you don't sell as many of them," he said. Walgreens’ plan ...

Walgreens' CEO has admitted that locking up items to avoid shoplifting has not worked - and it will close stores instead. Not only has the practice not curbed theft, it has dramatically hit sales.

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 ...

Shares of Walgreens Boots Alliance tumbled today following a CNBC report that the Deerfield-based pharmacy chain was unlikely ...