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, ...

The exodus of big-name retailers from downtown San Francisco continues as fashion brand Michael Kors closes up shop — dealing another blow to the city’s economy. The company announced the impending ...

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

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.

Walgreens' strategy of locking up merchandise — from deodorants to bags of M&M's — to deter theft has backfired, according to ...

Freight fraud has surged, now accounting for 35% of cargo theft incidents, according to the Transportation Intermediaries ...

STATEN ISLAND, N.Y. -- While many big-box chains now lock up merchandise as a means of combatting theft -- requiring shoppers ...

Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s ...