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

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

Retailers have been faced with increases in shoplifting and retail theft. But anti-theft prevention can hurt retail sales, ...

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

The closure of Walgreens branches is part of a strategic plan aimed at reducing the pharmaceutical company's costs ...

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

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.

Walgreens and retailers are dealing with a delicate balancing act between securing goods from theft while ensuring that ...

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