Walgreens is making big changes to address the $265 million quarterly net loss they reported earlier this month. Yes, but: ...
Despite efforts to prevent retail theft, Walgreens reported a 32% in "shrink," or a loss of inventory that can’t be accounted for through sales.
Walgreens Boots Alliance announced Thursday that it is suspending its practice of paying cash dividends to stockholders — the ...
Deerfield-based Walgreens closed 70 stores in its first quarter, and the company intends to speed up the pace moving forward, CEO Tim Wentworth told investors today. A dedicated team has been ...
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 ...
Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a hand-to-hand combat battle still, unfortunately." Wentworth spoke to analysts ...
Walgreens is making progress renegotiating ... and the company's "ultimate intent" to exit the investment remains unchanged, CEO Tim Wentworth said Friday on a first-quarter earnings call.
And that's what Walgreens faced, too. Walgreens Boots Alliance Inc. CEO Timothy Wentworth said during a Jan. 10 call with investment analysts putting more products in locked display cases "does ...
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
Walgreens has lost a mammoth 77% of its value over the past three years. Tim Wentworth took over as CEO about 15 months ago ...
The move is the latest sign that the pharmacy chain is struggling to cut costs, improve margins and find stability.
In the company’s first quarter, from September to November, 70 stores were closed. They plan to close another 450 before the ...