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Shoppers can’t stand when toothpaste, deodorant and other items are locked up behind glass display cabinets at stores.
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer ...
Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s ...
STATEN ISLAND, N.Y. -- While many big-box chains now lock up merchandise as a means of combatting theft -- requiring shoppers ...
Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a ...
Major pharmacy chains are planning to shutter hundreds of stores in 2025, making access to medications more difficult.
"When you lock things up … you don't sell as many of them. We've kind of proven that pretty conclusively," Wentworth said. "I ...
In an earnings call, executive Tim Wentworth conceded that locking products up might not be the best move for boosting sales.
Walgreens closed 70 in its fiscal first quarter and plans to shutter around 500 this year. The company runs about 8,500 ...
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 ...