Walgreens took a dive after Walmart announced same-day prescription delivery. The news erased Walgreens' post-earnings gain. While management is cutting stores and modernizing, the threat from big ...
Revenue at the chain rose 6% from the same quarter a year ago, but Walgreens reported a $3 billion loss largely because of a writedown of a Chinese pharmaceutical chain and a home care provider ...
Walgreens Boots Alliance Inc. plans to shutter about 1,200 stores over the next three years in a bid to improve earnings. The retail and pharmacy chain has struggled in recent years as shopping ...
Walgreens announced that it will shutter 1,200 stores over the next three years — and 500 locations in 2025 alone — as the drugstore giant seeks to slash $1 billion in costs. The Chicago-based ...
Walgreens' stock is up 12.8% in afternoon trading Tuesday and on track for its best single-day percentage gain since Oct. 28, 2008. The stock is leading S&P 500 gainers for the session.
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On a day when Walgreens Boots Alliance reported another $3 billion in losses, the drugstore chain said it will close 1,200 stores over three years in an effort to return to profitability and long ...
Shares rose 15.8% Tuesday as Walgreens cleared the consensus view on both revenue and earnings. The shares logged their largest one-day gain since they rose 16.6% on Oct. 28, 2008. Walgreens ...
By Amanda Holpuch Walgreens plans to close about 1,200 stores ... roughly twice as much as the loss in the same period last year. Its stock price jumped more than 10 percent in early trading ...