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

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 ...

Short interest on consumer staple stocks increased in November, with Food Products and Distribution & Retail industries ...

Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.