During an earnings call on Friday, Walgreens CEO Tim Wentworth made a startling admission about the effects of locking up ...

More Walgreens locations have closed or are closing — including one in Florida — as part of the company's plans to shutter ...

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

Walgreens plans to close 1,200 stores over three years. After 70 closed September to November 2024, 450 more will close in ...

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

Walgreens is set to close 1,200 stores as Amazon Pharmacy prepares to expand into 20 additional cities. Both companies are ...

In a Q1 2025 earnings call, Walgreens Boots Alliance CEO Tim Wentworth admitted that its approach to tackling shoplifting at ...

Despite efforts to prevent retail theft, Walgreens reported a 32% in "shrink," or a loss of inventory that can’t be accounted ...

Walgreens CEO discusses the ongoing struggle with theft prevention in stores, citing locking items as ineffective.

Walgreens CEO Tim Wentworth tells shareholders that loss prevention by locking up inventory caused increased theft ...

The thinning of Walgreens locations has been in the works. Walgreens said in October 2024 it planned to close about 1,200 underperforming stores across the United States as a strategy to offset ...

To say that pharmacy retailer Walgreens Boots Alliance ( WBA 3.19%) has been struggling would be a massive understatement. It ...