In the company’s first quarter, from September to November, 70 stores were closed. They plan to close another 450 before the ...

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

"When you lock things up ... you don't sell as many of them," CEO Timothy Wentworth said during a recent earnings call ...

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

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

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

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

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

Walgreens CEO discusses the ongoing struggle with theft prevention in stores, citing locking items as ineffective.

UNDATED (WKRC) - Walgreens CEO Timothy Wentworth said anti-theft measures at stores contributed to the company's $245 million ...