Is Your Local Walgreens Hiding Something?

In a friday earnings call, tim wentworth, the ceo of parent company walgreens boots alliance, admitted that, when you lock things up. You dont sell as many of them. Walgreens put more merchandise in locked display cases to offset theft. Sales declined, the retailer says. That's a likely result as an increase in asset protection usually.

Walgreens management realizing no one wants to wait 12 minutes for assistance opening unlocking my $4 deodorant, one user wrote on x. I dont want to press the button. See what the ceo said about locking everything up. Pharmacy chain walgreens announced in an earnings report that it will be closing 1,200 unprofitable stores around the u. s. Following a challenging fiscal year. Walgreens to close approximately 1,200 stores over three years 01:29. Locking up store merchandise can deter shoplifters and paying customers alike, according to walgreens. Conducted by onepoll on behalf of walgreens, the survey also found 64% of respondents have placed these items in the back of their medicine cabinet and forgot about. According to cnn business, walgreens is closing approximately 1,200 locations as the drug store chain struggles to contend with online competitors and declining prescription.