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Walgreens says locking up products to prevent shoplifting hurts sales

Edited By Anne Marie Lee Updated on: January 15, 2025 / 5:52 PM EST / CBS News Walgreens to close 1,200 stores Walgreens to close approximately 1,200 stores over three years 01:29 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 earnings call Tuesday that "When you lock things up … you don't sell as many of them. We've kind of proven that pretty conclusive...

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