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

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

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

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

More Walgreens locations have closed or are closing — including one in Florida — as part of the company's plans to shutter ...

"When you lock things up … you don't sell as many of them," Tim Wentworth said during the company's latest earnings call.

The U.S. Department of Justice filed a lawsuit on Friday alleging Walgreens knowingly filled millions of unlawful prescriptions for controlled substances.

In a Q1 2025 earnings call, Walgreens Boots Alliance CEO Tim Wentworth admitted that its approach to tackling shoplifting at ...

Tim Wentworth, CEO of Walgreens Boots Alliance, the parent company of Duane Reade, acknowledged to investors during a Jan. 10 ...

The policy of locking up items at big stores was supposed to curb shoplifting in the U.S. in the wake of the pandemic.

Walgreens' sale of its majority stake in primary and multispecialty care provider VillageMD is underway, CEO Tim Wentworth ...