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The drugstore chain previously paused its automated facility rollout because the “experience at the last mile was not what we ...
Late last year, the pharmacy and retail chain, Walgreens, announced plans to close 1,200 of its approximately 8,500 stores.
Major pharmacy chains are planning to shutter hundreds of stores in 2025, making access to medications more difficult.
It's no surprise, then, that locking up products leads to lower sales for retailers. “When you lock things up, for example, ...
The pharmacy chain's CEO Tim Wentworth said in Walgreens Boots Alliance's first-quarter earnings call Tuesday that "When you lock things up … you don't sell as many of them. We've kind of proven ...
American pharmacy store chain Walgreens has discovered that locking its wares behind lock and key in an apparent effort to ...
Walgreens' CEO Tim Wentworth unveiled a series of changes last year, with hopes of turning around the struggling pharmacy chain's sluggish consumer spending and low drug reimbursement rates.
Walgreens closed 70 in its fiscal first quarter and plans to shutter around 500 this year. The company runs about 8,500 ...
Walgreens CEO discusses the ongoing struggle with theft prevention in stores, citing locking items as ineffective.
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Walgreens CEO Admits Locking Up Products Backfired, Sales Decreased
In a Q1 2025 earnings call, Walgreens Boots Alliance CEO Tim Wentworth admitted that its approach to tackling shoplifting at ...
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