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

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

Walgreens’ plan to combat increasing theft by locking products up at their stores has hurt sales, the company’s CEO said in a recent earnings call.

Walgreens will close five Chicago stores next month, part of the Deerfield-based pharmacy chain’s plan to shutter 1,200 ...

Walgreens struggled financially last year, reporting an operating loss of $245 million for the quarter, compared to $39 ...

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

Walgreens' CEO talked about the flip side of investing in increased security on a recent earnings call.

Tim Wentworth, CEO of Walgreens Boots Alliance, the parent company of Duane Reade, acknowledged to investors during a Jan. 10 ...

Walgreens has finally figured out what most people already knew: When you lock up all the products, people will buy fewer ...

When it comes to shoes, especially gym shoes, only one name is generally considered the best these days: Nike. While it might ...

Nicotine levels would be reduced by up to 95% compared with traditional cigarettes. The U.S. would be the only country with ...