Walgreens CEO says anti-shoplifting strategy backfired

CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer dissatisfaction.
Walgreens has finally figured out what most people already knew: When you lock up all the products, people will buy fewer ...
In an earnings call, executive Tim Wentworth conceded that locking products up might not be the best move for boosting sales.
The nation’s No. 1 drugstore has no plans to stop selling tobacco products and said its main focus is trying to help people kick the habit, Walgreens executives told shareholders at Wednesday ...
Walgreens has recently cut its dividend by 48%, from $0.48 per share in Q4 2023 to $0.25 in Q1 2024. The reason given by CEO ...
Unlock to see our ratings and compare products side by side Convenience ... and multiple user memories). The Walgreens WGNBPW-200 is part of the Blood Pressure Monitors test program at Consumer ...
Revenue came to $39 billion for the fiscal quarter ended in November, driven by higher prices for branded drugs and ...
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same ...