Walgreens' strategy of locking up merchandise — from deodorants to bags of M&M's — to deter theft has backfired, according to ...

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 ...

Walgreens CEO discusses the ongoing struggle with theft prevention in stores, citing locking items as ineffective.

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

Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s ...

CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer dissatisfaction.

The CEO of Walgreens admits that locking up products to deter theft is irritating paying customers and is hurting sales. The ...

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

Many retail stores across the Bay Area have turned to locking up commonly stolen items to prevent against shoplifting. But there is a downside to that tactic, Walgreens CEO Tim ...

STATEN ISLAND, N.Y. -- While many big-box chains now lock up merchandise as a means of combatting theft -- requiring shoppers ...