The CEO of Walgreens admits anti-theft measures like putting toothpaste, baby food formula under lock and key are backfiring on sales — customer says, ‘You could wait 10 to ...
In response, many stores — including Walgreens, Target, and Dollar Tree — have introduced drastic measures by locking up frequently stolen items like toothpaste, shampoo and baby formula. This tactic, ...
Walgreens Edges Closer To Selling Stake In Clinic Operator VillageMD
Walgreens is getting closer to selling its stake in doctor-staffed clinic operator VillageMD, which has already cost the ...
Modern Healthcare6d
VillageMD taps advisers as Walgreens pursues exit plan
Walgreens Chief Executive Officer Tim Wentworth reiterated on an earnings call last month that the company plans to divest ...
Local 12 WKRC Cincinnati29d
Walgreens CEO says anti-theft measures contributed to company's $245 million loss
UNDATED (WKRC) - Walgreens CEO Timothy Wentworth said anti-theft measures at stores contributed to the company's $245 million operating loss. According to PEOPLE, Wentworth, the CEO of Walgreens ...
Crain's Chicago Business4d
Moody's downgrades Walgreens outlook to negative
Despite Walgreens paying down some debt and reporting modest growth, Moody’s expects Walgreens to face negative free cash ...
CNN28d
Walgreens admits locking up shampoo and toothpaste hurts sales. But it’s still doing it
We’ve kind of proven that pretty conclusively,” Walgreens CEO Tim Wentworth said on an earnings call this month. But the company plans to keep doing it anyway. That’s because “it is a hand ...
Walgreens Boots Alliance: Larger Structural Problems Remain
Walgreens-Boots Alliance struggles with margin compression, competition, and financial risks. Learn why these challenges make ...