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Walgreens, locked shelves
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 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.
Walgreens CEO just now realizes locked shelves were a bad idea
Walgreens’ strategy of locking up merchandise — from deodorants to bags of M&M’s — to deter theft has backfired, according to CEO Tim Wentworth. “It is a hand-to-hand combat battle still, unfortunately,
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1mon
Walgreens Discussing Sale Of Company To Private-Equity Firm: Report
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is citing "people familiar with ... RELATED: The article
Walgreens
Discussing
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7d
Walgreens surges on better-than-expected US pharmacy sales
Walgreens expects retail comparable sales for the year to decline 4% to 5%, compared to the earlier outlook of 2% to 3%, ...
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7d
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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