Hints and tips:
...The UK pharmaceutical retailer’s transfer of £4.8bn of pension obligations to insurer Legal & General brings its potential sale by owner Walgreens Boots Alliance one step closer....
...Despite stronger growth in its sales, Boots is shutting 300 UK stores, the latest of a series of closures, while Walgreens is closing 150 US outlets....
...Boots will close 300 stores in the UK and a further 150 Walgreens branches in the US over the next year as parent company Walgreens Boots Alliance seeks to “optimise” locations....
...Weak performance by companies such as Coca-Cola, Target, Walgreens Boots, Dollar Tree and Dollar General are a big part of that story — and a trend worth watching, given that the strong consumer is such...
...Walgreens had hoped to use proceeds from the sale of its struggling Boots chain in the UK to fund its push into healthcare services....
...VillageMD, an affiliate of Walgreens Boots Alliance, has agreed to acquire physicians’ group and urgent care provider Summit Health in a deal valued at almost $9bn, adding to a wave of consolidation in the...
...Amazon, Walgreens and CVS have all made big acquisitions in patient care services....
...Walgreens posted fourth-quarter sales down 5.3 per cent year on year to $32.4bn, surpassing analysts’ expectations of $32.1bn....
...Walgreens reports its third-quarter results on Thursday....
...Unlike CVS and Walgreens, which will between them spread almost $10bn of payments over 10 to 15 years, lawyers involved in the settlement said Walmart would pay “the vast majority” within a year of it being...
...“But there’s also a lot of wood to chop and Walgreens has really just nibbled around the edges so far.”...
...Already this year, the coffee chain Starbucks and the pharmacy group Walgreens Boots Alliance have lost shareholder votes on executive pay after ISS recommended against their bonus plans....
...Branches of Walgreens and Duane Reade administered 15.6m vaccinations and conducted 6.5m Covid tests in the three months ending on November 30....
...He had previously held executive roles at Walgreens Boots Alliance and Procter & Gamble....
...India’s largest listed company by market value has teamed up with private equity giant Apollo to make a binding offer to US giant Walgreens Boots Alliance for the bulk of its UK business....
...He previously held executive roles at Walgreens Boots Alliance and Procter & Gamble....
...The deal would allow its US parent Walgreens Boots Alliance to keep a minority stake. The size of that stake is open to negotiation. Boots declined to comment....
...“Walgreens brought Boots down to its level, which was completely the wrong outcome.”...
...Boots’s US parent Walgreens Boots Alliance put the business up for sale last December to focus on healthcare in its domestic market. It has set a deadline of May 16 for bids, one of the people said....
...Walgreens Boots and the private equity firms all declined to comment....
...Last year, Walgreens Boots Alliance appointed Roz Brewer as chief executive, with Pessina becoming executive chair....
...Smart reads Dwindling dynasties The generation that built Japan Inc is running out of heirs, as the country’s rapidly shrinking population creates a national succession crisis and ample opportunity for...
...Last week the pharmacy chain Walgreens said it was adjusting some of its prices as a result of inflation....
...He took charge of the group in 2015, shortly after the combination of Alliance Boots and Walgreens....
...About 53 per cent of Walgreens shareholders voted against the bonus. GE’s board also scrambled to rewrite bonuses during the pandemic....
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