CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer ...
In a Q1 2025 earnings call, Walgreens Boots Alliance CEO Tim Wentworth admitted that its approach to tackling shoplifting at ...
Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a ...
STATEN ISLAND, N.Y. -- While many big-box chains now lock up merchandise as a means of combatting theft -- requiring shoppers ...
Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s ...
DENVER — Walgreens plans to close three Colorado stores next month as the company works to strengthen its balance sheet.
"When you lock things up … you don't sell as many of them. We've kind of proven that pretty conclusively," Wentworth said. "I ...
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In an earnings call, executive Tim Wentworth conceded that locking products up might not be the best move for boosting sales.
Walgreens, like other companies in the retail pharmacy space, has struggled with challenges related to low reimbursement and ...
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.