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Walgreens, Anti-Theft

New York Post on MSN · 15h

Walgreens CEO admits anti-theft measures hurt sales: ‘When you lock things up, you don’t sell as many of them’

The top executive at Walgreens lamented the loss of sales from putting items like toothpaste behind lock and key to crack down on rampant shoplifting that has plagued pharmacy chains around the country.

HuffPost on MSN · 6h

Walgreens Admits What Many Already Suspected About Anti-Theft Measures

In an earnings call, executive Tim Wentworth conceded that locking products up might not be the best move for boosting sales.

Fox Business · 8h

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 dissatisfaction.

justthenews · 9h

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 don't have anything magnificent to share with you today. It is a hand-to-hand combat battle still,

Crain's Chicago Business · 16h

Anti-shoplifting effort is hurting sales, Walgreens CEO says

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

9hon MSN

Walgreens says locking up products from shoplifters hurt sales

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

18hon MSN

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 ...

HealthLeaders Media1d

Walgreens' Turnaround Takes Shape in Midst of Significant Q1 Losses

Walgreens, like other companies in the retail pharmacy space, has struggled with challenges related to low reimbursement and ...

Modern Healthcare5d

Walgreens targets PBM contracts, moves ahead with VillageMD sale

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

3d

Walgreens Pharmacy Strength And CEO Comments Toss Cold Water On Private Equity Deal

Walgreens improving pharmacy business and comments from the company’s CEO are convincing Wall Street that the drugstore won't ...

13hon MSN

Walgreens closing five stores on South, West sides of Chicago

Walgreens says it will close five stores on the South and West sides of Chicago next month, drawing criticism from local ...

Crain's Chicago Business5d

CEO envisions a smaller, stronger Walgreens as store closures kick in

Deerfield-based Walgreens closed 70 stores in its first quarter, and the company intends to speed up the pace moving forward, ...

Parade on MSN13h

Walgreens Admits Controversial Policy Backfired and Shoppers Aren't at All Surprised

In a recent call with analysts, Walgreens CEO Tim Wentworth said preventing theft in stores "is a hand-to-hand combat battle ...

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