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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 ...
We’ve kind of proven that pretty conclusively,” Walgreens CEO Tim Wentworth said on an earnings call this month. Walgreens and other retailers are trying to balance deterring theft with making ...
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 ...
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 ...
The pharmacy chain's CEO Tim Wentworth said in Walgreens Boots Alliance's first-quarter earnings call Tuesday that "When you lock things up … you don't sell as many of them. We've kind of proven ...
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 ...
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