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

Walgreens CEO Tim Wentworth recently described theft prevention in stores as an ongoing and challenging struggle. During a ...

Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s ...

Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a ...

CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer dissatisfaction.

Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.

Walgreens improving pharmacy business and comments from the company’s CEO are convincing Wall Street that the drugstore won't ...