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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.

Walgreens says locking up products to prevent shoplifting hurts sales

Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.

Milwaukee Journal Sentinel · 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.

14hon 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.

6hon MSN

Walgreens' digital doors looked cool but were a $200 million disaster

In a high-profile experiment, Walgreens (WBA) sought to modernize its stores by replacing traditional refrigerator doors with ...

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 ...

7don MSN

Walgreens Stock Jumps as Sales Grow, Adjusted Earnings Surpass Estimates

Shares of Walgreens Boots Alliance rose Friday morning after the pharmacy retailer reported first-quarter results that ...

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