The company said the unlocking function, part of a pilot program in New York City, will be expanded this year.

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

The top executive at Walgreens lamented the loss of sales from putting items like toothpaste behind lock and key to crack ...

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

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

Walgreens Boots Alliance ( WBA 1.03%) and CVS Health ( CVS 2.86%) face uncertain paths forward. They have both undergone ...

Shares of Walgreens Boots Alliance tumbled today following a CNBC report that the Deerfield-based pharmacy chain was unlikely ...

"When you lock things up … you don't sell as many of them. We've kind of proven that pretty conclusively," Wentworth said. "I ...

Major pharmacy chains are planning to shutter hundreds of stores in 2025, making access to medications more difficult.

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

Walgreens closed 70 in its fiscal first quarter and plans to shutter around 500 this year. The company runs about 8,500 ...