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While theft remains a growing issue, locking up merchandise creates new problems for consumers. Shoppers accustomed to ...
Shoppers can’t stand when toothpaste, deodorant and other items are locked up behind glass display cabinets at stores.
In a Q1 2025 earnings call, Walgreens Boots Alliance CEO Tim Wentworth admitted that its approach to tackling shoplifting at its stores has backfired. Per Fortune, Wentworth spoke about the state of ...
Walgreens Boots Alliance announced Thursday that it is suspending its practice of paying cash dividends to stockholders — the ...
Walgreens Boots Alliance CEO Tim Wentworth conceded that locking up products in order to combat retail theft had a negative impact on stores. During an earnings call on Friday, executives ...
The company said it was testing a feature on its app that would allow customers to unlock the cabinets instead of waiting for ...
According to the release, the new app, which is a successor to the CVS Pharmacy app, will allow shoppers to manage ...
The decision aims to boost cash flow and reduce debt as it faces an opioid lawsuit from the Department of Justice.
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.