Walgreens to shutter 500 stores in 2025
With approximately 8,500 stores currently operating across the country, Walgreens' planned closures will see nearly one in seven locations shuttered by 2027.
Walgreens
The implications of Sycamore Partners’ blockbuster acquisition of WBA
The acquisition aims to reinforce Walgreens, Boots and other consumer brands by leveraging WBA’s health care expertise and Sycamore’s strength in retail.
Walgreens to go private in $24 billion buyout by Sycamore Partners
The transaction, unanimously approved by the WBA Board of Directors, is expected to close in the fourth quarter of 2025.
WBA buyout could lay groundwork for three-way split of group
Walgreens' three businesses - U.S. retail pharmacy, Boots UK and U.S. healthcare - could be separated and have distinct capital structures, according to the report.
Grubhub and Walgreens partner for nationwide on-demand delivery
Through this collaboration, customers have access to 15,000 items for on-demand delivery.
VillageMD talks to advisers as Walgreens pursues exit plan
Walgreens chief executive Officer Tim Wentworth said on an earnings call last month that the company plans to divest VillageMD and use any proceeds to reduce debt and improve its balance sheet.
Walgreens Flu Index tracks 4 consecutive weeks of increased flu activity
For 11 years, the Walgreens Flu Index has provided an early and accurate view of disease trends. The last four consecutive weeks of data have shown increasing flu activity across the U.S.
Walgreens ordered to pay $988M arbitration award
"We are very disappointed that the court declined to set aside an arbitration award that clearly far exceeded the contractual cap on damages – and also, importantly, the arbitrator’s authority."
Walgreens marks one-year anniversary of Deans Advisory Council
The Council’s first year delivers tangible solutions to strengthen pharmacy talent pipeline and transform the future of pharmacy.
Walgreens Boots Alliance halts quarterly dividend to enhance financial stability
The decision aims to strengthen WBA’s balance sheet by reducing debt and improving free cash flow.
Advocate Health shuttering Walgreens clinics in two states
According to Advocate, all 47 clinics inside Illinois Walgreens were staffed by one to two medical office assistants, along with "additional clinicians who support virtual care operations."
Walgreens and No7 team up on skin rehab bus tour
Cross-country, double-decker bus tour will introduce the latest, science-backed skincare range from No7: Derm Solutions.
DOJ sues Walgreens over unlawful opioid prescriptions
The DOJ said that Walgreens from August 2012 until the present “knowingly” filled those prescriptions, which “lacked a legitimate medical purpose, were not valid, and/or were not issued in the usual course of professional practice.”
Walgreens Boots Alliance reevaluating retail security strategy
Company is rethinking security measures as locked displays hurt sales.
Walgreens to close 12 stores in San Francisco
The company has said it is closing more than 1,200 stores nationwide over the next three years in an effort to improve earnings and control operating costs.
WBA tops first quarter sales and earnings estimates
Stock rises more than 20% in early trading.
