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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 ...
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 ...
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 ...
In a Q1 2025 earnings call, Walgreens Boots Alliance CEO Tim Wentworth admitted that its approach to tackling shoplifting at its stores has backfired. Per Fortune, Wentworth spoke about the state ...
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 ...
Walgreens’ strategy of locking up merchandise — from deodorants to bags of M&M’s — to deter theft has backfired, according to CEO Tim Wentworth. “It is a hand-to-hand combat battle ...
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 ...
We’ve kind of proven that pretty conclusively,” Walgreens CEO Tim Wentworth said on an earnings call this month. But the company plans to keep doing it anyway. That’s because “it is a hand ...
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