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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.
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Sales declined, the retailer says. That's a likely result as an increase in asset protection usually. Walgreens announcement tuesday that it plans to shutter 1,200 locations over the next three years made headlines, but that doesnt mean it was a surprise. Walgreens management realizing no one wants to wait 12 minutes for assistance opening unlocking my $4 deodorant, one user wrote on x.
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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.
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