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Walgreens, Anti-Theft

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.

Fox Business · 10h

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.

New York Post on MSN · 17h

Walgreens CEO admits anti-theft measures ‘largely ineffective’: ‘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.

Walgreens, shoplifters

The Daily Beast on MSN · 10h

Walgreens Says Its Strategy to Prevent Shoplifting Has Backfired

Walgreens has come to find out that both shoplifters and customers are turned off when items are locked away. In an earnings call on Tuesday, the drug store’s CEO Tim Wentworth blamed declining sales on locked up items: “When you lock things up

CBS News on MSN · 12h

Walgreens says locking up products to prevent shoplifting hurts sales

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

San Francisco Chronicle on MSN · 14h

As Walgreens closes more Bay Area stores, CEO says ‘locking things up’ hurts sales

Walgreens is moving forward with plans to close additional Bay Area locations after the company’s CEO expressed concerns over lost sales from locking up items like deodorant and shampoo to combat widespread shoplifting affecting pharmacy chains nationwide.

Walgreens, Chicago

NBC Chicago on MSN · 23h

Why is Walgreens closing so many stores? What to know as 5 Chicago locations shutter

The Deerfield-based pharmacy giant plans to close as many as 1,200 in the coming years, with 5 Chicago stores on the latest list.

ABC 7 Chicago on MSN · 6h

5 Walgreens stores closing on Chicago's South, West sides: 'We need it in our communities'

The locations closing are as follows: - 3405 S. King Drive in Bronzeville - 4005 W. 26th St. in Little Village - 7111 S. Western Ave. in South Shore - 7109 S. Jeffery Blvd. in South Shore - 9148 S. Commercial Ave. in South Chicago

Yahoo · 20h

5 Chicago Walgreens stores to close next month

Five Walgreens stores will shutter their doors in Chicago next month, as part of a nationwide series of closures announced by the drugstore chain last year.

6hon MSN

Neighbors say closure of Walgreens in Chicago's Bronzeville neighborhood will disrupt many lives

Walgreens has revealed its five Chicago drugstores that will close next month—and one of those pending closures will be a ...

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 ...

1don MSN

Why Walgreens Stock Tumbled 64% in 2024

Walgreens' worst day of the year came on June 27, when the stock fell 22% on another disappointing earnings report. This time ...

20hon 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 ...

8hon MSN

On Your Side: Walgreens Savings Club settlement is legit

A few viewers got a notice about the settlement and asked On Your Side if this is legitimate. The notice reads: “This is a ...

Yahoo Finance20h

A Walgreens in Quincy will soon close permanently, one of hundreds nationwide

QUINCY − A Walgreens location in the city will close its doors permanently Feb. 27, according to a company spokesperson, ...

7hon MSN

“Not on my watch” Good Samaritan in random stabbing at Walgreens held down suspect

COLUMBIA, S.C. (WIS) - The man who held down a stabbing suspect until police arrived is being deemed a Good Samaritan. The ...

1don MSN

‘Random act of violence’ at Walgreens leaves SC man with multiple stab wounds, police say

The suspect was apprehended thanks to a “brave citizen” who disarmed and detained the man until Columbia police arrived.

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