Walgreens plans to close 1,200 stores, including 500 by 2025, after posting a $3 billion loss, the company announced Tuesday.
Walgreens is the latest drugstore chain to fall victim to an ailing economy, as it announced plans to close a whopping 1,200 stores.
Yesterday, Walgreens Boots Alliance WBA shares jumped nearly 16% following the company’s better-than-expected earnings and sales results for the fourth quarter of fiscal 2024. Despite the company ...
Over the past couple of years, both CVS and CMS (the Medicare agency) have suffered data breaches of varying degrees.The ...
America’s biggest pharmacy chains are laying off thousands of workers and rethinking their roles in our lives. What went ...
America’s biggest pharmacy chains are closing hundreds of stores, laying off thousands of workers and rethinking their role ...
Walgreens says about a quarter of its stores are unprofitable. Big pharmacy chains are struggling with growing retail ...
Most employers have little idea what the pharmacy benefit managers they hire do with the money they exchange for medications ...
Drug store chains are struggling because of lower reimbursement rates for prescription drugs, according to analysts who cover ...
While the decision to close a store is never an easy one, we feel confident in our ability to serve our customers,’ Walgreens ...
Drug store chains are struggling because of lower reimbursement rates for prescription drugs, according to analysts who cover ...
That announcement came less than two years after the company said it would spend billions to expand the business.