All Walgreens Boots Alliance articles – Page 9
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News
Drugstore group Walgreens reports sales decline
Drugstore group Walgreens reported that sales declined 3.4% to $17.8bn (£11.4bn) for the third quarter ended May 31.Net earnings fell by 10.8% to $537m (£345m), impacted by the retailer no longer being part of the Express Scripts pharmacy provider network, as well as costs associated with entering into a strategic ...
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AnalysisTransatlantic tie-up creates healthy future for Alliance Boots
Stefano Pessina of Alliance Boots and Gregory Wasson of Walgreens tell Tiffany Holland about their plans to create a strong global partnership.
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NewsWalgreens' share price falls on concern about Alliance Boots deal
Shares in Walgreens have fallen 10% since the merger with Alliance Boots was revealed on Tuesday.
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NewsBoots to lead innovation after Walgreens buys in
Boots pledges its Nottingham home will be key hub for research and development following the retailer’s landmark deal with US giant Walgreens.
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NewsPessina: Walgreens deal will not mean job cuts at Alliance Boots
Alliance Boots executive chairman Stefano Pessina has insisted there will not be job cuts as a result of the merger with US pharmaceuticals giant Walgreens.
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AnalysisIn numbers: Alliance Boots' new partner Walgreens
The US giant, which is teaming up with European counterpart Alliance Boots, is the clear market leader in pharmacy in its homeland. Retail Week takes a look at the retailer’s key financial data.
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NewsAlliance Boots in game-changing tie up with US giant Walgreens
Alliance Boots and US pharmacy giant Walgreens are set to form a strategic partnership that will make it the “global leader in pharmacy and health retailing” with more than 11,000 stores in 12 countries.
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AnalysisWalgreens launches Nice! range to boost profitability
This week saw US drugstore retailer Walgreens launch Nice! – a range of private label food and drink items – to replace its long-standing Deerfield Farms offering and other category brands.
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AnalysisWalmart joins US grocers opening in ‘food deserts’
Walmart, Supervalu and Walgreens joined First Lady Michelle Obama to announce plans for the opening of hundreds of stores in neglected areas of the US known as ‘food deserts’.
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News
Walgreen acquires Drugstore.com
Walgreens has completed its acquisition of Drugstore.com following a vote of approval from the company’s shareholders.
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News
CVS Caremark and Walgreens still working together
Following a very public spat last week, CVS Caremark and Walgreens have reached an agreement whereby Walgreens will continue participating in CVS’s Caremark pharmacy benefit management national retail network for existing, new and renewal plans.The companies are not disclosing the financial terms of the new contract.
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AnalysisWhat Duane Reade can do for Walgreens
Walgreens is set to acquire New York-based drugstore chain Duane Reade in a $1.08bn (£662m) deal that includes the assumption of the latter’s $475m (£293m) debt.
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News
US giant Walgreens buys Duane Reade
US health and beauty retailer Walgreen has bought New York-based chain Duane Reade for $1.075bn.
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News
Walgreens to acquire pharmacies in Puerto Rico
US pharmacy retailer Walgreens is to acquire three pharmacies in Puerto Rico from local player El Amal, which filed for bankruptcy last year.As part of the deal, Walgreens has also agreed to buy prescription stock from a further 11 El Amal pharmacies. The sale is expected to be completed in ...
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News
Walgreens slows growth to curb expenditure
Walgreens is to scale back its drugstore growth in an effort to reduce its capital expenditure by about US$500 million ( 251.2 million) over the next three financial years.