Walgreens shares sank Tuesday, the first day of trading since the Department of Justice announced a lawsuit accusing the ...
Walgreens and CVS were engaged in a war nationwide, building stores as close to each other as possible, often on opposite ...
Walgreens plans to close 1,200 stores over three years. After 70 closed September to November 2024, 450 more will close in ...
Walgreens improving pharmacy business and comments from the company’s CEO are convincing Wall Street that the drugstore won't ...
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer ...
Retailers have been faced with increases in shoplifting and retail theft. But anti-theft prevention can hurt retail sales, ...
Over the years the pharmacy chain used strategy to combat shoplifting. Walgreens CEO Tim Wentworth said the company’s ...
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
A 12.7% increase in comparable pharmacy sales, which rose due to ... Wentworth said during Friday's call. Walgreens plans to close about another 450 stores through the end of 2025, he said.