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Shoppers can’t stand when toothpaste, deodorant and other items are locked up behind glass display cabinets at stores.
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.
Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a hand-to-hand combat battle still, unfortunately." Wentworth spoke to analysts ...
Walgreens Boots Alliance CEO Tim Wentworth conceded that locking up products in order to combat retail theft had a negative impact on stores. During an earnings call on Friday, executives ...
The retail pharmacy giant's financial recovery "will take time," CEO Tim Wentworth cautioned to investors. Walgreens' first quarter earnings beat Wall Street expectations, signaling that the ...
Walgreens Boots Alliance ( WBA 1.03%) and CVS Health ( CVS 2.86%) face uncertain paths forward. They have both undergone ...
Major pharmacy chains are planning to shutter hundreds of stores in 2025, making access to medications more difficult.
During an earnings call on Friday, Walgreens CEO Tim Wentworth made a startling admission. Despite these measures, the company reported a 52 percent increase in 'shrinkage,' the retail term for ...