Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer dissatisfaction.
Walgreens has finally figured out what most people already knew: When you lock up all the products, people will buy fewer ...
In an earnings call, executive Tim Wentworth conceded that locking products up might not be the best move for boosting sales.
Walgreens struggled financially last year, reporting an operating loss of $245 million for the quarter, compared to $39 ...
Walgreens' CEO talked about the flip side of investing in increased security on a recent earnings call.
Short interest on consumer staple stocks increased in November, with Food Products and Distribution & Retail industries ...
Walgreens has come to find out that both shoplifters and customers are turned off when items are locked away. In an earnings ...
Nicotine levels would be reduced by up to 95% compared with traditional cigarettes. The U.S. would be the only country with ...
"When you lock things up … you don't sell as many of them," Tim Wentworth said during the company's latest earnings call.
What does a more sustainable car sound like? This isn't a question about the silence of an electric or fuel cell vehicle, but ...