Private equity swoops in as the pharmacy giant retreats from Wall Street after brutal years of store closures and losses.

Walgreens Boots Alliance (WBA) said on Friday that the struggling drug retailer’s shareholders approved its $10 billion ...

Shareholders of Walgreens Boots Alliance overwhelmingly approved the drugstore chain's $10 billion acquisition by private ...

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

Facebook X Reddit Email Save. Walgreens is struggling to deter shoplifting at its stores, according to CEO Tim Wentworth, who described it as "a hand-to-hand combat battle still, unfortunately." ...

Not too long after Tim Wentworth became CEO of Walgreens, he revealed a stunning figure: Roughly a quarter of the pharmacy chain's stores do not make money. On Tuesday, he said 1,200 of those ...

Walgreens Boots Alliance CEO Tim Wentworth conceded that locking up products in order to combat retail theft had a negative impact on stores. During an earnings call on Friday, executives reported ...

Walgreens' efforts during the past 12 months have included a $1 billion cost-cutting campaign. How Walgreens, CEO Tim Wentworth got to today | Modern Healthcare Skip to main content ...

Walgreens plans to close 1,200 stores over the next three years, the pharmacy chain said on Tuesday. It's part of the company's plan for a turnaround, as it faces retail competition and lower ...

Walgreens Boots Alliance saw sales increase and losses narrow in its latest quarter, a potential harbinger of coming improvements as the company prepares to go private.

Walgreens will be launching hundreds of less expensive owned brands with merchandise particularly ... More focused on health, wellness and women’s health., executives have said in October 2024 ...

Walgreens Boots Alliance shareholders gave the thumbs up to the private-equity buyout by Sycamore Partners, with about 96% of ...