March 23, 2012

Former Walgreens' CEO Jeff Rein said profit pressure might cause Walgreens to think differently about acquisitions than it did in the past.

March 19, 2012

Walgreens might be willing to acquire Rite Aid if it can't settle an ongoing contractual dispute with one of the country's largest pharmacy benefit managers, Walgreens' former CEO said in a conference call with investors Monday.

March 19, 2012

A miniature version of the spike in stock market activity that followed speculation about the prospects of a Walgreens-Rite Aid merger happened on Drug Store News' website as a quick writeup about the potential deal became the most-read story on the site. But for all the buzz that Credit Suisse analyst Edward Kelly created with his report, a Walgreens-Rite Aid merger appears pretty unlikely on closer inspection.

January 26, 2012

Stat Health Services on Wednesday named Jeffrey Rein, former chairman and CEO of Walgreens, to the company's board of directors.

February 14, 2011

Walgreens on Monday rounded out the pharmacy purchasing team led by Jeff Berkowitz, who joined Walgreens in the fall as SVP pharmaceutical development and market access. The team reporting to Berkowitz includes Walgreen veterans Frank DeStefano, Mike Bleser and Mike Allen, as well as newcomers Jeff Foreman and Gary Gleeson.

February 28, 2010

Early this year, chairman Alan McNally described the striking changes that have swept through Walgreens’...

January 14, 2010

Walgreens Friday announced the promotion of three key executives in pharmacy, corporate innovation and legal...

January 12, 2010

Walgreens has agreed to acquire the pharmacy business and certain other assets of 25 company-owned...

March 5, 2009

When one of the retail pharmacy industry’s best-known merchandising gurus is pulled away from the...

March 1, 2009

What a difference a year makes. Walgreens’ management and shareholders were long accustomed to steady, record-breaking gains in sales and earnings, and a pedal-to-the-metal store development strategy, that made Walgreens the nation’s fastest-growing pharmacy retailer and a market leader in cities across the country. As recently as the company’s annual meeting in January 2008, former chairman and CEO Jeff Rein reaffirmed that strategy, outlining a bold plan for filling in markets across the country by opening roughly one new store every 16 hours and buying the prescription files, and sometimes the stores, of rival independent and small chain pharmacies. He also said the company aggressively would pursue new opportunities in specialty pharmacy and front-end merchandising.

January 18, 2009

For several years, the Walgreens annual shareholders meeting had been a time of yearly celebration;...