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Hosted on MSNWalgreens CEO Admits Locking Up Products Backfired, Sales DecreasedIn 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 of ...
Shoppers can’t stand when toothpaste, deodorant and other items are locked up behind glass display cabinets at stores.
Walgreens Boots Alliance announced Thursday that it is suspending its practice of paying cash dividends to stockholders — the ...
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 ...
According to the release, the new app, which is a successor to the CVS Pharmacy app, will allow shoppers to manage ...
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Walgreens Boots Alliance vs. CVS Health: What's the Better Turnaround Play?Walgreens Boots Alliance ( WBA -4.46%) and CVS Health ( CVS 3.02%) face uncertain paths forward. They have both undergone ...
Deerfield-based Walgreens closed 70 stores in its first quarter, and the company intends to speed up the pace moving forward, CEO Tim Wentworth told investors today. A dedicated team has been ...
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
The decision aims to boost cash flow and reduce debt as it faces an opioid lawsuit from the Department of Justice.
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