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.

Consider it a simple economic truth, one that ordinary Americans evidently knew long before CEOs: "When you lock things up ..

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.

In an earnings call, executive Tim Wentworth conceded that locking products up might not be the best move for boosting sales.

This was the stock's fourth consecutive day of gains.

The Walgreens pharmacy location on Kishwaukee Street in Rockford announced it will be closing permanently next month. The ...