Walgreens CEO discusses the ongoing struggle with theft prevention in stores, citing locking items as ineffective.

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 ...

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 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 ...

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 ...

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 ...

CEO Tim Wentworth said Friday on a first-quarter earnings call. He said executives are evaluating options for Summit Health-CityMD, which VillageMD acquired in early 2023. "We've shown progress on ...

Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s decision to lock up products after reporting a 52% increase in stolen ...