During an earnings call on Friday, Walgreens CEO Tim Wentworth made a startling admission about the effects of locking up ...

More Walgreens locations have closed or are closing — including one in Florida — as part of the company's plans to shutter ...

Walgreens plans to close 1,200 stores over three years. After 70 closed September to November 2024, 450 more will close in ...

Walgreens' strategy of locking up merchandise — from deodorants to bags of M&M's — to deter theft has backfired, according to ...

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

Walgreens is set to close 1,200 stores as Amazon Pharmacy prepares to expand into 20 additional cities. Both companies are ...

In a Q1 2025 earnings call, Walgreens Boots Alliance CEO Tim Wentworth admitted that its approach to tackling shoplifting at ...

Walgreens the second-largest pharmacy store chain in the United States is continuing to close stores as part of its turnaround plans reported USA T ...

Walgreens CEO discusses the ongoing struggle with theft prevention in stores, citing locking items as ineffective.

Despite efforts to prevent retail theft, Walgreens reported a 32% in "shrink," or a loss of inventory that can’t be accounted ...

Walgreens CEO Tim Wentworth tells shareholders that loss prevention by locking up inventory caused increased theft ...

To say that pharmacy retailer Walgreens Boots Alliance ( WBA 3.19%) has been struggling would be a massive understatement. It ...