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 ...

Dig deeper: Walgreens CEO Tim Wentworth said the move may have backfired. "I don't have anything magnificent to share with you today," Wentworth said Friday, according to a transcript published on ...

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 ...

Locking up store merchandise can deter shoplifters and paying customers alike, according to Walgreens. The pharmacy chain's CEO Tim Wentworth said in Walgreens Boots Alliance's first-quarter ...

The South Side deserves better.” Walgreens CEO Tim Wentworth said the company expected to close 500 store closures amid the 2025 fiscal year as part of a significant “rebasing year” for the ...

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 ...

MSNBC host Lawrence O’Donnell and Sen. Elizabeth Warren (D-MA) laughed as they lampooned a key moment at Trump Defense Department nominee Pete Hegseth’s confirmation hearing. At that hearing ...

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 ...

A Walgreens store near the Centre of Tallahassee ... The move is part of a multi-year cost-cutting program under CEO Tim Wentworth, according to an October 2024 article in USA Today.