Hints and tips:
...Instead, they can use their food business to capture market share from smaller “mom-and-pop” independent grocers, drugstores and convenience stores, Tarlowe said....
...Owning physical drugstores is not the cash cow it once was. Rival CVS has built up a much more diversified business....
...For example, McDonald’s and drugstore chain CVS “made really significant increases to their data disclosure” this year, prompting investors to withdraw shareholder petitions, said Meredith Benton, founder...
...Coty remains dependent on mass market make-up brands like CoverGirl and Rimmel, which are mainly sold in drugstores....
...Bank of America analysts recently highlighted drugstore chain CVS. The company raised billions in early 2020 as a safeguard....
...Alliance Healthcare will also remain a distribution partner for Boots, the UK drugstore group, for a decade....
...Walgreens Boots Alliance is to become the only company in the S&P 500 to be run by a black woman after the drugstore group appointed Starbucks chief operating officer Roz Brewer as chief executive....
...But like the wider retail sector, owning physical drugstores is not the cash cow it once was....
...A version of this article was first published by Nikkei Asia on June 15 2021. ©2021 Nikkei Inc. All rights reserved....
...maker Givaudan primes itself for spectacular growth (FT) Alec Gores Spac deal turns $25,000 into $80 million in months (BBG) Crédit Agricole insurance unit stops offering H2O funds (FT) GoodRx IPO: drugstore...
...The deal created a powerhouse in the global pharmacy business, with interests spanning the US drugstore chain Duane Reade and the Alliance Healthcare wholesale and distribution operation in Europe....
...But even without prodding from the state, Japanese companies — since before the outbreak — have buried old rivalries, giving rise to a string of tie-ups in motorcycles, construction companies and drugstore...
...Job moves Centerview Partners hired John Rhea as a partner in its New York office....
...CVS, the US drugstore chain that owns health insurer Aetna, said many roles would be filled by staff at some of its corporate clients that have had to furlough employees, including hotel chains Hilton and...
...Walgreens Boots Alliance, the $70bn drugstore chain, has received a buyout proposal from the private equity group KKR, a deal that would be the biggest private equity transaction on record....
...After the deal was lapped up by investors, chatter on trading desks turned to speculation surrounding a possible buyout of drugstore Walgreens Boots Alliance by private equity firm KKR — a deal that could...
...The deal was the biggest bond offering since the healthcare and drugstore operator CVS raised $40bn in March last year to fund its takeover of the insurer Aetna....
...Walgreens Boots Alliance, the US-listed global drugstore group, has been exploring the possibility of a $70bn take-private deal, holding talks with a handful of private equity groups about what would be...
...Like other US drugstore chains, Walgreens’ margins are being hit by pressure to cut prescription drug prices as well as cheaper generic drugs....
...CVS Health said Tuesday it expects Walmart drugstores to leave its pharmacy network amid a disagreement over costs....
...Shares in the drugstore chain jumped nearly 18 per cent in pre-market trading on Wednesday, after the company last night said John Standley will step down as CEO....
...Better still, her technology was so painless and simple that people would be tested in their local drugstore or supermarket, potentially helping them catch serious illnesses such as cancer....
...Amazon has returned to the scene of past failure Drugstore.com by buying PillPack for $1bn....
...CVS, the largest US drugstore chain, received preliminary approval from the Department of Justice last month to move ahead with its acquisition of Aetna....
...The deal, which combines the country’s largest drugstore chain with an insurer that has almost 40m members, was cleared by the DoJ with the condition that Aetna’s Medicare prescription drug plan business...
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