11/05/2015 - 4:00pm

Walgreens may have to shutter as many as 3,000 stores in its bid to buy Rite Aid, or 65% of Rite Aid's store base, according to one real estate analyst in a Fortune story published Thursday, including 1,000 locations Walgreens is willing to jettison as part of any FTC negotiation and another 2,000 locations after the merger is complete. "The post-merger Walgreens real estate imperative will be to minimize cannibalization," noted Garrick Brown, VP research at Cushman for the West Region, adding that there are countless Rite Aid and Walgreens locations opposite one another across the country. (Fortune)

11/05/2015 - 10:45am

The move to the new EHR, EpicCare, will begin in early calendar year 2016.

11/05/2015 - 9:11am

While Apple Pay has been available for a little more than a year, usage rates are still low. Walgreens is the first retailer to integrating its loyalty program with the mobile payment service.

11/02/2015 - 11:15am

Pharmacist interventions generated nearly 2% in lower hospital admissions and nearly 3% in lower emergency room visits, according to the Walgreens Health Services study. 

10/30/2015 - 3:11pm

Walgreens currently operates 8,173 stores in all 50 states plus the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Rite Aid, meanwhile, operates 4,561 locations across 31 states and Washington, D.C.

10/30/2015 - 11:56am

"Competition is essential in every part of our economy, and especially so in a market as complex and important as health care," Sen. Mike Lee, R-Utah, said about Walgreens’ planned acquisition of Rite Aid. 

10/29/2015 - 12:30pm

In the wake of the news that Walgreens Boots Alliance would be acquiring Rite Aid, the New York Times has published a profile on Walgreens CEO Stefano Pessina and his career, during which he says he has overseen some 1,000 acquisitions, noting that he is open to opportunities that would expand the company’s footprint around the globe. “Due to my age, I won’t have a possibility to make many more acquisitions,” Pessina told the times. “And unfortunately, I cannot amuse myself dealing directly with small acquisitions, and dealing directly with owners and so on. ... But if we see an opportunity, at the right time, we will take it.” (New York Times)

10/29/2015 - 8:29am

Total drug store sales for the 34 weeks ended Oct. 24, 2015 increased 2.2% with sales of $17.4 billion.

10/28/2015 - 10:54am

In the United States, Walgreens Boots Alliance’s Retail Pharmacy division finished the year with total sales of $81 billion — up 6% over fiscal 2014 — driven by total comparable store sales growth of 6.4%