Stores like CVS and Walgreens (WBA) seemed to create a perfect environment for theft; they tend to be located in high foot ...
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.
"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 closed 70 in its fiscal first quarter and plans to shutter around 500 this year. The company runs about 8,500 ...
We deliver the news the way we like it—really short and unbiased. Subscribe to Newser newsletters. It wasn't all bad news for ...
Walgreens’ strategy of locking up merchandise — from deodorants to bags of M&M’s — to deter theft has backfired, according to ...
Many consumers are using the news as an opportunity to air out their grievances about their Walgreens shopping experiences.