The transaction, expected to close in Q3 or Q4, will take the company private after nearly 100 years as a public company.

The drugstore industry is facing competition from the likes of Amazon.com Inc., as well as pressure on pharmacy-reimbursement rates for prescription drugs.

The closures of three southeast Wisconsin Walgreens locations come after the company announced it would be closing 1,200 ...

Investing.com - Walgreens Boots Alliance (NASDAQ:WBA) posted third-quarter earnings and sales that topped estimates, as cost savings helped to offset front-end sales at the likely soon-to-be private ...

Walgreens stock plummeted 56% in 2024, but has potential for high dividend yields amidst challenges. ... Walgreens’ front-of-store offerings only generate about a fourth of the firm’s sales.

Both CVS and Walgreens have seen their front-of-store sales struggle for years, aside from a COVID bump fueled by vaccine-driven foot traffic in 2021. But retail is much more important to ...

Walgreens is closing three southeast Wisconsin pharmacies and two stores. The pharmacy at 6442 N. 76th St. in Milwaukee ...

The locations span North, Central and South Jersey, as well as the Jersey Shore, after the chain’s second bankruptcy since ...

Walgreens has embarked on a $1 billion cost-cutting program under CEO Tim WentworthTim Wentworth Business Wire. It currently employs 312,000 people in 12,000 stores in eight countries, according ...

Walgreens Boots Alliance plans to close 1,200 stores during the next three years, with 500 closures set for next year, in the face of low drug reimbursement rates and slower consumer spending.

CVS and Walgreens grew massive nationwide footprints of more than 9,000 and 8,000 stores, respectively. They gobbled up mom-and-pop shops and signed long-term leases for prime locations on street ...