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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 ...

Walgreens put more merchandise in locked display cases to offset theft. Sales declined, the retailer says. That's a likely result as an increase in asset protection usually leads to a dip in sales ...

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.

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 ...

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 ...

Several New Jersey districts use pouches, made by the company Yondr, that require students to lock their cell phones inside and unlock them at the end of the school day. Yondr was founded in 2014 ...