Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a ...
Retailers have been faced with increases in shoplifting and retail theft. But anti-theft prevention can hurt retail sales, ...
Walgreens plans to close 1,200 stores over three years. After 70 closed September to November 2024, 450 more will close in ...
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 ...
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
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.
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer dissatisfaction.
Walgreens CEO Tim Wentworth tells shareholders that loss prevention by locking up inventory caused increased theft ...
Walgreens CEO discusses the ongoing struggle with theft prevention in stores, citing locking items as ineffective.
Tim Wentworth, CEO of Walgreens Boots Alliance, the parent company of Duane Reade, acknowledged to investors during a Jan. 10 ...