It's no surprise, then, that locking up products leads to lower sales for retailers. “When you lock things up, for example, ...

Walgreens Boots Alliance CEO, Tim Wentworth has revealed that locked cabinets, originally ushered in to reduce shrinkage, ...

San Francisco Centre mall, the 1.5-million-square-foot shopping center which has experienced a series of high-profile retail departures the past year.

Walgreens closed 70 in its fiscal first quarter and plans to shutter around 500 this year. The company runs about 8,500 ...

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Stores like CVS and Walgreens (WBA) seemed to create a perfect environment for theft; they tend to be located in high foot ...

Walgreens will close five Chicago stores next month, part of the Deerfield-based pharmacy chain’s plan to shutter 1,200 ...

In a Q1 2025 earnings call, Walgreens Boots Alliance CEO Tim Wentworth admitted that its approach to tackling shoplifting at ...

To say that pharmacy retailer Walgreens Boots Alliance ( WBA 3.19%) has been struggling would be a massive understatement. It ...

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

Turns out putting everything behind locked glass and ad-covered screens does not create a welcoming shopping environment.