Consider it a simple economic truth, one that ordinary Americans evidently knew long before CEOs: "When you lock things up ..
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Many retail stores across the Bay Area have turned to locking up commonly stolen items to prevent against shoplifting. But there is a downside to that tactic, Walgreens CEO Tim ...
Keeping products under lock and key dissuaded customers from purchasing them, Walgreens said in earnings call.
Walgreens has come to find out that both shoplifters and customers are turned off when items are locked away. In an earnings ...
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer dissatisfaction.
Plus, its compact size makes it perfect for small work teams of up to seven people. With a reasonable price tag just south of ...
"When you lock things up … you don't sell as many of them. We've kind of proven that pretty conclusively," Wentworth said. "I ...
In an earnings call, executive Tim Wentworth conceded that locking products up might not be the best move for boosting sales.