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

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

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 ...

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

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

The CEO of Walgreens admits that locking up products to deter theft is irritating paying customers and is hurting sales. The ...

STATEN ISLAND, N.Y. -- While many big-box chains now lock up merchandise as a means of combatting theft -- requiring shoppers ...

Consider it a simple economic truth, one that ordinary Americans evidently knew long before CEOs: "When you lock things up ..

Walgreens and retailers are dealing with a delicate balancing act between securing goods from theft while ensuring that ...

Turns out putting everything behind locked glass and ad-covered screens does not create a welcoming shopping environment.