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Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
Walgreens’ plan to combat increasing theft by locking products up at their stores has hurt sales, the company’s CEO said in a ...
Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.
The closure of Walgreens branches is part of a strategic plan aimed at reducing the pharmaceutical company's costs ...
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 has been accused of filing millions of 'dangerous' opioid prescriptions in a lawsuit filed by the Department of ...
The pharmacy chain started testing digitized refrigerator screens from a startup named Cooler Screens at select stores in ...
The pharmacy chain's CEO Tim Wentworth said in Walgreens Boots Alliance's first ... Keeping retail products under lock and key is a maneuver designed to thwart rising retail theft.
During an earnings call on Friday, Walgreens CEO Tim Wentworth made a startling admission about the effects of locking up ...
The CEO of Walgreens admits that locking up products to deter theft is irritating paying customers and is hurting sales. The company has found that people will leave without buying products ...