"When you lock things up ... you don't sell as many of them," CEO Timothy Wentworth said during a recent earnings call ...
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer ...
Retailers have been faced with increases in shoplifting and retail theft. But anti-theft prevention can hurt retail sales, ...
Shares of Walgreens Boots Alliance tumbled today following a CNBC report that the Deerfield-based pharmacy chain was unlikely ...
Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s ...
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
"When you lock things up … you don't sell as many of them. We've kind of proven that pretty conclusively," Wentworth said. "I ...
In an earnings call, executive Tim Wentworth conceded that locking products up might not be the best move for boosting sales.
Walgreens Boots Alliance ( WBA 1.03%) and CVS Health ( CVS 2.86%) face uncertain paths forward. They have both undergone ...
In the company’s first quarter, from September to November, 70 stores were closed. They plan to close another 450 before the ...
Major pharmacy chains are planning to shutter hundreds of stores in 2025, making access to medications more difficult.
UNDATED (WKRC) - Walgreens CEO Timothy Wentworth said anti-theft measures at stores contributed to the company's $245 million ...