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Walgreens CEO says stopping shoplifting is like a 'hand-to-hand combat battle'

Walgreens Boots Alliance CEO Tim Wentworth said minimizing shoplifting is an ongoing challenge.

Joe Raedle/Getty Images

  • Walgreens' CEO said the company is taking "creative" steps to address shoplifting and shrink.
  • While anti-theft measures can be effective, they can also hurt a store's sales, CEO Tim Wentworth said.
  • The pharmacy chain is in the midst of a multi-year turnaround effort to revive its retail business.

When it comes to its retail business, Walgreens...

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