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USA Today · 1d

Walgreens CEO on shoplifting strategy: 'Lock things up ... you don't sell as many'

Retailers have been faced with increases in shoplifting and retail theft. But anti-theft prevention can hurt retail sales, says the CEO of Walgreens.

Walgreens CEO says locking up products hurt sales

Walgreens’ plan to combat increasing theft by locking products up at their stores has hurt sales, the company’s CEO said in a recent earnings call.

justthenews · 2d

Walgreens CEO says locking up merchandise harmed sales

"When you lock things up … you don't sell as many of them. We've kind of proven that pretty conclusively," Wentworth said. "I don't have anything magnificent to share with you today. It is a hand-to-hand combat battle still,

iHeart on MSN · 6h

Walgreens CEO Admits Locking Up Products Had Negative Effects

Despite efforts to prevent retail theft, Walgreens reported a 32% in "shrink," or a loss of inventory that can’t be accounted for through sales.

11hon MSN

Walgreens replaced its refrigerator doors with digitized ad-laden glass. It might become a $200 million debacle

Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.

1don MSN

Walgreens turnaround continues with 450 stores to be closed this year

Walgreens plans to close 1,200 stores over three years. After 70 closed September to November 2024, 450 more will close in ...

Transport Topics7d

Walgreens Shares Soar 28% After Sales Beat Forecasts

Revenue came to $39 billion for the fiscal quarter ended in November, driven by higher prices for branded drugs and ...

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