CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer ...

Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a ...

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, like other companies in the retail pharmacy space, has struggled with challenges related to low reimbursement and ...

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 ...

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