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Walgreens, shoplifters
Walgreens says locking up products from shoplifters hurt sales
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
Walgreens CEO describes drawback of anti-shoplifting strategy: ‘When you lock things up…you don’t sell as many of them’
Walgreens' CEO talked about the flip side of investing in increased security on a recent earnings call.
Walgreens Says Its Strategy to Prevent Shoplifting Has Backfired
Walgreens has come to find out that both shoplifters and customers are turned off when items are locked away. In an earnings call on Tuesday, the drug store’s CEO Tim Wentworth blamed declining sales on locked up items: “When you lock things up
As Walgreens closes more Bay Area stores, CEO says ‘locking things up’ hurts sales
Walgreens is moving forward with plans to close additional Bay Area locations after the company’s CEO expressed concerns over lost sales from locking up items like deodorant and shampoo to combat widespread shoplifting affecting pharmacy chains nationwide.
Anti-shoplifting effort is hurting sales, Walgreens says
One of Walgreen's most visible anti-shoplifting strategies is having unintended consequences. Tim Wentworth, CEO of Walgreens Boots Alliance, the parent company of Duane Reade, acknowledged to investors during a Jan.
12h
Walgreens CEO reveals anti-theft measures of locking up products had the opposite effect
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer dissatisfaction.
21h
on MSN
Walgreens says it turns out locking up stuff is bad for business
Walgreens has finally figured out what most people already knew: When you lock up all the products, people will buy fewer ...
14h
on MSN
Walgreens Admits What Many Already Suspected About Anti-Theft Measures
In an earnings call, executive Tim Wentworth conceded that locking products up might not be the best move for boosting sales.
6d
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.
Consumer Reports
6mon
Walgreens WGNBPW-200 Blood Pressure Monitor
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side by side Convenience ... and multiple user memories). The
Walgreens
WGNBPW-200 is part of the Blood Pressure Monitors test program at Consumer ...
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5d
Walgreens Shares Soar 28% After Sales Beat Forecasts
Revenue came to $39 billion for the fiscal quarter ended in November, driven by higher prices for branded drugs and ...
10d
Reflecting On Consumer Retail Stocks’ Q3 Earnings: Walgreens (NASDAQ:WBA)
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same ...
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