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.
Sometimes landlords sell a building before the tenant’s lease is up to avoid non-renewals, said a Compass broker.
Walgreens announced it was closing around 500 locations this year, and there are a dozen branches that will soon be shuttered ...
Many retail stores across the Bay Area have turned to locking up commonly stolen items to prevent against shoplifting. But ...
CEO Tim Wentworth admitted in a recent fiscal report call that combatting shoplifting by locking up items has led to customer dissatisfaction.
"When you lock things up … you don't sell as many of them. We've kind of proven that pretty conclusively," Wentworth said. "I ...
Two Walgreens stores are closing in Oakland next month, the pharmacy store confirmed to KRON4. The locations that will shut ...
Walgreens is moving forward with plans to close additional Bay Area locations after the company’s CEO expressed concerns over lost sales from locking up items like deodorant and shampoo to combat ...
San Francisco’s new mayor is rolling out his first legislation, and it aims to address one of his first pledges as a ...
Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a ...
Less than a week after Walgreens confirmed the upcoming closure of a large batch of San Francisco locations, KTVU has learned ...
Walgreens will permanently shut the doors of 12 of its San Francisco locations. The closures are scheduled for late February, ...