Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a ...

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

In an earnings call, executive Tim Wentworth conceded that locking products up might not be the best move for boosting sales.

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

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

Walgreens has finally figured out what most people already knew: When you lock up all the products, people will buy fewer ...

Prosecutors said the Alexander brothers, luxury real estate brokers facing federal charges for sex trafficking allegations, ...

Plus, its compact size makes it perfect for small work teams of up to seven people. With a reasonable price tag just south of ...

Tim Wentworth, CEO of Walgreens Boots Alliance, the parent company of Duane Reade, acknowledged to investors during a Jan. 10 ...

"When you lock things up … you don't sell as many of them," Tim Wentworth said during the company's latest earnings call.

Walgreens has come to find out that both shoplifters and customers are turned off when items are locked away. In an earnings ...