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

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

The CEO of Walgreens has revealed that the practice of locking products in glass display cabinets has hurt store sales.

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

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

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

It’s also cheaper for them to lock up products than add more employees, security and other major investments that may limit theft but make the store unprofitable to operate. A Walgreens ...

Timothy Wentworth, the CEO of Walgreens' parent company, Walgreens Boots Alliance, said during a recent earnings call that ...

Walgreens is looking at "creative things" to stop theft without resorting to locking up products, Wentworth said, but he didn't "have anything magnificent to share" yet. Walgreens and other ...

Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.