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 leads to a dip in sales ...

Walgreens' CEO has admitted that locking up items to avoid shoplifting has not worked - and it will close stores instead. Not only has the practice not curbed theft, it has dramatically hit sales.

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 ...

Locking up store merchandise can deter shoplifters and paying customers alike, according to Walgreens. The pharmacy chain's CEO Tim Wentworth said in Walgreens Boots Alliance's first-quarter ...

In his annual State of the State address this week, Gov. Phil Murphy backed a plan to direct New Jersey school districts to adopt policies to ban cellphones in classrooms, from elementary school ...

Walgreens has finally figured out what most people already knew: When you lock up all the products, people will buy fewer things. CEO Tim Wentworth acknowledged this reality in a first-quarter ...