Walgreens CEO reveals anti-theft measures of locking up products had the opposite effect
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer ...
Walgreens CEO: Stopping shoplifting is a "hand-to-hand combat battle"
Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a ...
Walgreens used this strategy to reduce theft. Turns out, it was bad for business
Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s ...
Michael Kors shuts down San Francisco Centre mall location — dealing another blow to crime-ridden city
San Francisco Centre mall, the 1.5-million-square-foot shopping center which has experienced a series of high-profile retail departures the past year.
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 closing 3 Denver metro area stores
Walgreens closed 70 in its fiscal first quarter and plans to shutter around 500 this year. The company runs about 8,500 ...
Jim Cramer Says He Has ‘Tremendous Faith’ Walgreens Boots Alliance, Inc. (WBA) CEO Tim Wentworth
We recently published an article titled Jim Cramer Discussed These 7 Stocks. In this article, we are going to take a look at ...
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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 ...