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USA Today · 2h

Walgreens CEO on shoplifting strategy: 'Lock things up ... you don't sell as many'

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

Walgreens 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.

Fox Business · 21h

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.

KRON San Francisco on MSN · 15h

Walgreens CEO admits downside to locking up items

Many retail stores across the Bay Area have turned to locking up commonly stolen items to prevent against shoplifting. But there is a downside to that tactic, Walgreens CEO Tim Wentworth said. “When you lock things up,

San Francisco Chronicle on MSN · 1d

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.

6d

Walgreens Reports $265 Million Loss And Sees Progress On Turnaround

Walgreens reported a $265 million quarterly loss while citing what the company’s chief executive called “early progress” en ...

6don MSN

Walgreens tops Wall Street’s expectations as drugstore chain continues turnaround plan

Walgreens booked a better-than-expected fiscal first quarter and gave Wall Street some positive vibes on the drugstore ...

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