Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.
Shoppers can’t stand when toothpaste, deodorant and other items are locked up behind glass display cabinets at stores.
Retailers have been faced with increases in shoplifting and retail theft. But anti-theft prevention can hurt retail sales, ...
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
In the company’s first quarter, from September to November, 70 stores were closed. They plan to close another 450 before the ...
Walgreens’ plan to combat increasing theft by locking products up at their stores has hurt sales, the company’s CEO said in a ...
Walgreens Boots Alliance Inc. reported quarterly sales that surpassed Wall Street’s expectations, spurring the shares to their biggest gain in 45 years and easing pressure on the drugstore chain ...
"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 and Cooler Screens are suing each other after the pharmacy chain tried to get out of its contract with the company that installed refrigerator doors that can display digital ads.