The CEO of Walgreens has revealed that the practice of locking products in glass display cabinets has hurt store sales.

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

Timothy Wentworth, the CEO of Walgreens' parent company, Walgreens Boots Alliance, said during a recent earnings call that ...

It’s also cheaper for them to lock up products than add more employees, security and other major investments that may limit theft but make the store unprofitable to operate. A Walgreens ...

Walgreens is looking at "creative things" to stop theft without resorting to locking up products, Wentworth said, but he didn't "have anything magnificent to share" yet. Walgreens and other ...

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 and other retailers have had to combat so-called "retail shrink," or the loss of inventory from causes other than sales, Wentworth noted. The company took steps to secure more products ...

We recently published a list of 35 Non-Tech AI Opportunities Amid DeepSeek Selloff. In this article, we are going to take a look at where Walgreens Boots Alliance, Inc. (NASDAQ:WBA) stands against ...

Attorneys General from several districts have come together in a lawsuit seeking damages from Walgreens for allegedly ...

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