Shoppers can’t stand when toothpaste, deodorant and other items are locked up behind glass display cabinets at stores.
Walgreens’ plan to combat increasing theft by locking products up at their stores has hurt sales, the company’s CEO said in a recent earnings call.
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
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 ...
Some lawmakers say it’s time to get New Mexico school kids to lock up their cell phones during class. Now, a bill to help ...
Yondr is a San Francisco-based company best known for producing a lockable pouch for cellsphones that keeps phones out of reach to students until the pouch is tapped on an unlocking base. Ramsey High ...
Walgreens has finally figured out what most people already knew: When you lock up all the products, people will buy fewer things. CEO Tim Wentworth acknowledged this reality in a first-quarter ...
No surprise then that locking up products leads to lower sales for retailers. "When you lock things up, for example, you don't sell as many of them. We've kind of proven that pretty conclusively ...