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The CEO of Walgreens has revealed that the practice of locking products in glass display cabinets has hurt store sales.

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

Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a ...

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

Major pharmacy chains are planning to shutter hundreds of stores in 2025, making access to medications more difficult.

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

Late last year, the pharmacy and retail chain, Walgreens, announced plans to close 1,200 of its approximately 8,500 stores.

Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a hand-to-hand combat battle still, unfortunately." Wentworth spoke to analysts ...

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