Walgreens put more merchandise in locked display cases to offset theft. Sales declined, the retailer says. That's a likely result as an increase in asset protection usually leads to a dip in sales ...
We've kind of proven that pretty conclusively," Walgreens CEO Tim Wentworth said on an earnings call this month. But the company plans to keep doing it anyway. That's because "it is a hand-to-hand ...
We’ve kind of proven that pretty conclusively,” Walgreens CEO Tim Wentworth said on an earnings call this month. Walgreens and other retailers are trying to balance deterring theft with making ...
Walgreens Boots Alliance and CVS Health are in the midst of turnarounds. This comes after both stocks have lost significant value in recent years. Both have new CEOs who are looking at options to ...
In a high-profile experiment, Walgreens (WBA) sought to modernize its stores by replacing traditional refrigerator doors with digital screens. The attempt failed. The pharmacy giant partnered with ...
The CEO of Walgreens suggested that placing their products under lock and key may have actually backfired. "When you lock things up … you don't sell as many of them," he said. Walgreens’ plan ...
A Walgreens store near the Centre of Tallahassee mall will permanently close next month. Located at 2349 N Monroe St., the drug store retailer posted a sign outside its door indicating it would ...
Getty Images Walgreens has admitted that locking up products within its stores has affected its sales. During a recent earnings call, Timothy Wentworth, the CEO of Walgreens' parent company ...
The U.S. Department of Justice this week filed a lawsuit against Walgreens, alleging the company knowingly filled illegal prescriptions with no medical purpose, including opioids. Walgreens is ...