Walgreens is making big changes to address the $265 million quarterly net loss they reported earlier this month. Yes, but: ...
Despite efforts to prevent retail theft, Walgreens reported a 32% in "shrink," or a loss of inventory that can’t be accounted for through sales.
The CEO of Walgreens suggested that placing their products under lock and key may have actually backfired. "When you lock things up … you don't sell as many of them," he said. Walgreens’ plan ...
And that's what Walgreens faced, too. Walgreens Boots Alliance Inc. CEO Timothy Wentworth said during a Jan. 10 call with investment analysts putting more products in locked display cases "does ...
Walgreens Boots Alliance ( WBA -4.46%) and CVS Health ( CVS 3.02%) face uncertain paths forward. They have both undergone ...
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 ...
Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.
In the company’s first quarter, from September to November, 70 stores were closed. They plan to close another 450 before the ...