Walgreens to leave S&P 500
Once one of the largest pharmacy chains in the world, Walgreens will now begin a new chapter under private ownership.
Once one of the largest pharmacy chains in the world, Walgreens will now begin a new chapter under private ownership.
Operating loss was $64 million, compared to operating loss of $220 million in the year-ago quarter, reflecting lower acquisition-related amortization and higher contributions from VillageMD risk-based business.
More than 415 local health departments and community organizations mobilize across the country for largest-ever National HIV Testing Day event.
New data collaboration partnership gives advertisers greater speed, scale, and measurement across platforms.
The Summer Savings deals are available at Walgreens locations nationwide, on Walgreens.com, and in the Walgreens app.
The restructuring efforts follow Walgreens' $10 billion acquisition by private equity firm Sycamore Partners earlier this month, which is known for acquiring struggling retail brands and has a track record of implementing cost-cutting measures.
The company will continue operations under its existing brand names and maintain its headquarters in the Chicago area.
A federal court in Delaware ordered the chain to pay $988M to the telehealth company for an alleged contract breach.
A Walgreens survey shows that almost half of Americans missed a holiday event in the past because of illness and are taking preventative measures to prevent it from happening again.
No-cost testing services are now available as part of an expanded partnership with the CDC and HHS.
The company will also introduce new lab services for wellness screenings and STD treatment.
The chain is encouraging vaccination now ahead of the respiratory season and the holidays.
This move comes as part of Uber Eats' commitment to increase food accessibility and support communities in need.
Walgreens Boots Alliance announced the closings as part of its earnings report for the fourth quarter of fiscal 2024, which ended August 31. The company posted sales and profits that beat Wall Street's expectations.