Walgreens admits locking up shampoo and toothpaste hurts sales. But it’s still doing it
Shoppers can’t stand when toothpaste, deodorant and other items are locked up behind glass display cabinets at stores.
Walgreens CEO Admits Anti-Theft Measures in Stores Contributed to Company's $245 Million Operating Loss
Timothy Wentworth, the CEO of Walgreens' parent company, Walgreens Boots Alliance, said during a recent earnings call that ...
Walgreens CEO says anti-theft measures contributed to company's $245 million loss
UNDATED (WKRC) - Walgreens CEO Timothy Wentworth said anti-theft measures at stores contributed to the company's $245 million ...
Walgreens CEO reveals anti-theft measures of locking up products had the opposite effect
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer ...
Walgreens says locking up products to prevent shoplifting hurts sales
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
Walgreens CEO: Stopping shoplifting is a "hand-to-hand combat battle"
Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a ...
Walgreens CEO on shoplifting strategy: 'Lock things up ... you don't sell as many'
Retailers have been faced with increases in shoplifting and retail theft. But anti-theft prevention can hurt retail sales, ...
Walgreens used this strategy to reduce theft. Turns out, it was bad for business
Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s ...
Walgreens turnaround continues with 450 stores to be closed this year
Walgreens plans to close 1,200 stores over three years. After 70 closed September to November 2024, 450 more will close in ...
Modern Healthcare11d
Walgreens targets PBM contracts, moves ahead with VillageMD sale
Walgreens is making progress renegotiating ... and the company's "ultimate intent" to exit the investment remains unchanged, CEO Tim Wentworth said Friday on a first-quarter earnings call.
Crain's Chicago Business12d
CEO envisions a smaller, stronger Walgreens as store closures kick in
Deerfield-based Walgreens closed 70 stores in its first quarter, and the company intends to speed up the pace moving forward, CEO Tim Wentworth told investors today. A dedicated team has been ...