Walgreens Sells Another Stake In Distributor Cencora For $300 Million
Walgreens has sold more shares of drug distributor Cencora for proceeds of about $300 million, “primarily for debt paydown ...
The CEO of Walgreens admits anti-theft measures like putting toothpaste, baby food formula under lock and key are backfiring on sales — customer says, ‘You could wai…
In response, many stores — including Walgreens, Target, and Dollar Tree — have introduced drastic measures by locking up ...
Retail Dive6d
Walgreens suspends dividend in latest cost-cutting measure
The decision aims to boost cash flow and reduce debt as it faces an opioid lawsuit from the Department of Justice.
For first time in 92 years, Walgreens suspends quarterly dividend amid financial struggles
The change is aimed at improving Walgreens’ finances by reducing debt over time and improving cash flow, the company said.
Walgreens Boots falls after quarterly dividend suspension
Walgreens Boots Alliance (NASDAQ:WBA) fell over 7% in extended trading on Thursday after the drugstore chain said it is ...
Walgreens suspends quarterly dividend amid turnaround efforts
Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain ...
Walgreens Boots gains as CEO responds to questions on takeover speculation
Walgreens ( NASDAQ: WBA) has to consider and evaluate all options as part of its fiduciary duty, CEO Tim Wentworth said in ...
Advocate Health Care closing all 47 of its clinics inside Illinois Walgreens stores
One or two medical office assistants work at each of the clinics, along with additional clinicians who support virtual care, ...
New CVS app will allow customers to unlock merchandise
According to the release, the new app, which is a successor to the CVS Pharmacy app, will allow shoppers to manage ...
WQOW12d
Walgreens admits locking up shampoo and toothpaste hurts sales. But it’s still doing it
Shoppers can’t stand when toothpaste, deodorant and other items are locked up behind glass display cabinets at stores.
Walgreens Boots Alliance vs. CVS Health: What's the Better Turnaround Play?
Walgreens Boots Alliance ( WBA -4.46%) and CVS Health ( CVS 3.02%) face uncertain paths forward. They have both undergone ...
ABC714d
Walgreens admits locking up shampoo and toothpaste hurts sales, but it's still doing it
We've kind of proven that pretty conclusively," Walgreens CEO Tim Wentworth said on an earnings call this month. But the company plans to keep doing it anyway. That's because "it is a hand-to-hand ...