Many retail stores across the Bay Area have turned to locking up commonly stolen items to prevent against shoplifting. But there is a downside to that tactic, Walgreens CEO Tim ...
Walgreens has come to find out that both shoplifters and customers are turned off when items are locked away. In an earnings ...
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer dissatisfaction.
Plus, its compact size makes it perfect for small work teams of up to seven people. With a reasonable price tag just south of ...
"When you lock things up … you don't sell as many of them. We've kind of proven that pretty conclusively," Wentworth said. "I ...
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.
The president-elect, desperate to rescue his following on the platform, could make an untraditional power play.
Walgreens says it will close five stores on the South and West sides of Chicago next month, drawing criticism from local ...
Tim Wentworth, CEO of Walgreens Boots Alliance, the parent company of Duane Reade, acknowledged to investors during a Jan. 10 ...
The top executive at Walgreens lamented the loss of sales from putting items like toothpaste behind lock and key to crack ...