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Walgreens CEO admits anti-theft measures hurt sales: ‘When you lock things up, you don’t sell as many of them’We’ve kind of proven that pretty conclusively,” Tim Wentworth, CEO of Walgreens Boots Alliance, told investors during a recent earnings call. Wentworth said that Walgreens saw a 52% increase i ...
Walgreens Boots Alliance CEO Tim Wentworth conceded that locking up products in order to combat retail theft had a negative impact on stores. During an earnings call on Friday, executives ...
Walgreens improving pharmacy business and comments from the company’s CEO are convincing Wall Street that the drugstore won't ...
Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a hand-to-hand combat battle still, unfortunately." Wentworth spoke to analysts ...
During an earnings call on Friday, Walgreens CEO Tim Wentworth made a startling admission. Despite these measures, the company reported a 52 percent increase in 'shrinkage,' the retail term for ...
According to the release, the new app, which is a successor to the CVS Pharmacy app, will allow shoppers to manage ...
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
We’ve kind of proven that pretty conclusively,” Tim Wentworth, CEO of Walgreen’s, said in the company’s first-quarter earnings call on Jan. 10. “I don’t have anything magnificent to ...
CEO Tim Wentworth acknowledged to investors during a Jan. 10 earnings call that the company's asset protection tactic of locking merchandise to prevent retail theft has hurt revenue. "It does ...
The retail pharmacy giant's financial recovery "will take time," CEO Tim Wentworth cautioned to investors. Walgreens' first quarter earnings beat Wall Street expectations, signaling that the ...
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