10 call with investment analysts putting more products in locked display cases "does impact how sales work through the store because when you lock things up, for example, you don't sell as many of ...

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.

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 ...

“I mean, I’m certified nuts,” he said. “There’s gotta be some tinkering going on, but that’s this game. At least I have a way better understanding and appreciation for what I used to ...