Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer ...
STATEN ISLAND, N.Y. -- While many big-box chains now lock up merchandise as a means of combatting theft -- requiring shoppers ...
"When you lock things up … you don't sell as many of them. We've kind of proven that pretty conclusively," Wentworth said. "I ...
In his annual State of the State address this week, Gov. Phil Murphy backed a plan to direct New Jersey school districts to ...
Walgreens’ plan to combat increasing theft by locking products up at their stores has hurt sales, the company’s CEO said in a ...
The policy of locking up items at big stores was supposed to curb shoplifting in the U.S. in the wake of the pandemic.