Despite efforts to prevent retail theft, Walgreens reported a 32% in "shrink," or a loss of inventory that can’t be accounted ...
Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s ...
Deerfield-based Walgreens closed 70 stores in its first quarter, and the company intends to speed up the pace moving forward, ...
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
Walgreens plans to close 1,200 stores over three years. After 70 closed September to November 2024, 450 more will close in ...
Walgreens’ strategy of locking up merchandise — from deodorants to bags of M&M’s — to deter theft has backfired, according to ...
Consider it a simple economic truth, one that ordinary Americans evidently knew long before CEOs: "When you lock things up ..
In a recent call with analysts, Walgreens CEO Tim Wentworth said preventing theft in stores "is a hand-to-hand combat battle ...