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New York Post on MSN · 1d

Walgreens CEO admits anti-theft measures hurt sales: ‘When you lock things up, you don’t sell as many of them’

The top executive at Walgreens lamented the loss of sales from putting items like toothpaste behind lock and key to crack down on rampant shoplifting that has plagued pharmacy chains around the country.

Fox Business · 18h

Walgreens CEO reveals anti-theft measures of locking up products had the opposite effect

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

justthenews · 19h

Walgreens CEO says locking up merchandise harmed sales

"When you lock things up … you don't sell as many of them. We've kind of proven that pretty conclusively," Wentworth said. "I don't have anything magnificent to share with you today. It is a hand-to-hand combat battle still,

Walgreen's CEO says locking up products hurt sales

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.

HuffPost on MSN · 19h

Walgreens Admits What Many Already Suspected About Anti-Theft Measures

In an earnings call, executive Tim Wentworth conceded that locking products up might not be the best move for boosting sales.

31m

Locking up products to combat shoplifting is bad for business, drugstore CEO reports

STATEN ISLAND, N.Y. -- While many big-box chains now lock up merchandise as a means of combatting theft -- requiring shoppers ...

2h

Walgreens used this strategy to reduce theft. Turns out, it was bad for business

Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s ...

1don MSN

Walgreens CEO: Stopping shoplifting is a "hand-to-hand combat battle"

Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a ...

19hon MSN

Walgreens says locking up products from shoplifters hurt sales

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

3d

Walgreens Pharmacy Strength And CEO Comments Toss Cold Water On Private Equity Deal

Walgreens improving pharmacy business and comments from the company’s CEO are convincing Wall Street that the drugstore won't ...

Crain's New York23h

Anti-shoplifting effort is hurting sales, Walgreens says

Tim Wentworth, CEO of Walgreens Boots Alliance, the parent company of Duane Reade, acknowledged to investors during a Jan. 10 ...

18h

This All-In-One Grooming Gift Is the Perfect Valentine’s Gift for the Man in Your Life

Plus, its compact size makes it perfect for small work teams of up to seven people. With a reasonable price tag just south of ...

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