American pharmacy store chain Walgreens has discovered that locking its wares behind lock and key in an apparent effort to stop shoplifters has backfired spectacularly. As Fortune reports, the company ...

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

says consulting firm McKinsey & Company. And that's what Walgreens faced, too. Walgreens Boots Alliance Inc. CEO Timothy Wentworth said during a Jan. 10 call with investment analysts putting more ...

Meanwhile, Walgreens is in the midst of a multi ... like a digital check-in for prescription pick-up. The CEO said the company is working on "getting to the right number of stores so that we ...

During a recent earnings call, Timothy Wentworth, the CEO of Walgreens' parent company, Walgreens Boots Alliance, detailed how anti-theft measures such as securing products in plastic cases or ...

Walgreens made some significant changes ... measures due to the ongoing coronavirus (COVID-19) pandemic. The CEO stated the company’s head of asset protection is pivoting and working to come ...

The CEO of Walgreens suggested that placing their products under lock and key may have actually backfired. "When you lock things up … you don't sell as many of them," he said. Walgreens’ plan ...

Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.

Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth ... recent years for some of the same reasons. The company is testing new systems to lure and keep ...