Walgreens and other retailers have had to combat so-called "retail shrink," or the loss of inventory from causes other than sales, Wentworth noted. The company took steps to secure more products ...

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 ...

A locked display case at a Walgreens in Gold Coast. Photo: Carrie Shepherd/Axios ...

Walgreens and other retailers have had to combat so-called "retail shrink," or the loss of inventory from causes other than sales, Wentworth noted. The company took steps to secure more products ...

The CEO of Walgreens admits that locking up products to deter theft is irritating paying customers and is hurting sales. The company has found that people will leave without buying products ...

No surprise then that locking up products leads to lower sales for retailers. “When you lock things up, for example, you don’t sell as many of them. We’ve kind of proven that pretty conclusively,” ...

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 ...

The five local Walgreens stores to be closed are all on the city’s South and West sides, serving African American and Latino ...

Walgreens is making big changes to address the $265 million quarterly net loss they reported earlier this month. Yes, but: ...

It’s also cheaper for them to lock up products than add more employees, security and other major investments that may limit theft but make the store unprofitable to operate. A Walgreens ...