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...In the UK, Boots same-store retail sales increased 5.9 per cent in the quarter, while pharmacy sales ticked up 1.7 per cent....
...By contrast Dollar Tree, whose stores are mostly in suburban locations and focus on middle-income households, has fared far better. Its same-store sales rose 6.3 per cent during the quarter....
...Walgreens cited “organised retail crime” as it shut some San Francisco locations, and other chains adopted similar justifications....
...Yet a new leader may not be enough to cure all of Walgreens’ ailments. For starters, running physical drugstores is not the cash cow it once was. Walgreens operates nearly 9,000 stores in the US....
...It is unclear exactly when WhatsApp was removed from the Apple Store in China, but it was unavailable as of Friday....
...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....
...Store cards, with their high interest charges and late fees, turn out to be far more lucrative than running a brick-and-mortar store....
...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....
...On Monday, the EU fined Apple €1.8bn for policies on its App Store which it said raised prices for consumers....
...Rite Aid filed for bankruptcy last month, while Walgreens and CVS have both announced store closures to cut costs. CVS is shutting 900 stores by 2024....
...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....
...But operational efficiency is only half the appeal of a convenience store....
...The 50 cents fee will apply immediately to downloads of alternative app stores....
...Retail store sales rose just 0.6 per cent....
...President Joe Biden said he would sign a bill working its way through Congress that would ban US app stores from carrying TikTok unless its Chinese owner divests the popular video-sharing social media platform...
...It later granted Epic Games access to its App Store, after Brussels said it was probing Apple over its move to ban the game developer’s account....
...payment methods in the App Store....
...in costs, which includes closing unprofitable stores....
...Retail is a theme this week, with figures also due (in no particular order) from JD Sports, Kingfisher, Walgreens Boots Alliance, Asos and Ocado....
...Google Play faces some app store competition on Android, but Apple stands alone with iOS. So be it, the Apple case judge ruled: its app store is very successful but “success is not illegal”....
...Last year, Montana’s governor signed into law a first-of-its-kind bill that would prohibit app stores from allowing downloads of TikTok in the state....
...The dollar store model has seen great growth over time and generates a lot of free cash flow....
...Results: The pharmacy chain Walgreens Boots Alliance is expected to report that revenues increased about 3 per cent in the three months that ended February, but earnings are forecast to decline by 59 per...
...“The trial made clear that we compete fiercely with Apple and its App Store, as well as app stores on Android devices and gaming consoles,” White added....
...Results: Arbuthnot Banking Group, Capricorn Energy, JD Sports and Walgreens Boots Alliance report. Five more top stories 1....
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