February 15, 2017

Walgreens' chief merchant 'has agreed to act in a strategic advisory capacity' as the company explores future leadership opportunites for the department.

February 15, 2017

Walgreens community development efforts focus on a variety of areas including allowing young people the opportunity to reach their full potential wherever they are in the world.

February 15, 2017

PeopleForBikes, the nation’s leading bike advocacy organization, will manage all aspects of the Walgreens Red Nose Day ride experience in support of programs dedicated to children and young people.

February 9, 2017

The Walgreens Flu Index is compiled using weekly retail prescription data for antiviral medications used to treat influenza across Walgreens locations nationwide.

February 7, 2017

The chief information officer at Walgreens Boots Alliance, Abhi Dhar, is leaving to start his own company, CIO.com reported Tuesday. "At this point in my life, if I don’t pursue the entrepreneurship path, I fear I never will and will live to regret it,” Dhar told CIO.com via email. It isn’t clear who will replace Dhar and a Walgreens spokesman told CIO.com that the company has no comment on that at this time. (CIO.com)
 

February 3, 2017

A report in Crain's Chicago Business published Friday attempted to ascertain just how changes to the Affordable Care Act might impact one of the nation's largest retail pharmacy operations in Walgreens. The truth is, Walgreens executives have said, it's too early to tell. "Probably the outcome will be quite rational and at the time we will be able to organize our affairs and prepare our business to respond to the new environment," Walgreens CEO Stefano Pessina told investors in January. The Crain's report takes a look at everything from prescription gains since the ACA went into effect to the potential impact on specialty medicine margins. (Crain's Chicago Business)

February 3, 2017

Highlighting their personal experiences, several Walgreens VIP influencers have set out to create a series of timely, audience-relevant narratives illustrating the power and convenience of the Walgreens mobile app.

February 3, 2017

The National Retail Federation estimates the proposed tax on imports could cost American families as much $1,700 per year.

February 2, 2017

DSN senior editor Michael Johnsen takes a deep dive into one of the most strategically important categories in retail pharmacy.

February 2, 2017

In this report, DSN highlights what you need to know about natural and organic beauty trends in 2017, as well as new product launches that are shaking up the beauty aisle.

February 2, 2017

Three markets in Texas, including the Corpus Christi area, led the nation in influenza-like activity gains for the week of Jan. 29, Walgreens reported.

January 31, 2017

Evercore ISI’s Ross Muken has reiterated his “buy” rating on Walgreens stock.

January 31, 2017

The FTC may now require that more than 1,000 stores be sold to clear the path for the Walgreens-Rite Aid merger.

January 31, 2017

‘Team WBA’, the bespoke WPP team, will provide services including traditional and digital advertising, media investment management, promotion and relationship marketing, public affairs, media relations and communications.

January 30, 2017

Under the terms of the amendment, Walgreens Boots Alliance will pay a maximum of $7 per share, down from $9 per share, and the end date is extended from Jan. 27 to July 31.

January 27, 2017

Citing sources close to the negotiations, The New York Post on Friday reported that private-equity giant Cerberus Capital may emerge as a possible white knight for Walgreens and Rite Aid by acquiring the 865 stores being divested. "Cerberus had participated in Walgreen’s December auction of the stores in question, losing to a winning bid of $950 million from regional drug chain Fred’s, according to two sources close to the situation," The Post reported. "Walgreens had rejected Cerberus’ bid partly because it was concerned the Federal Trade Commission would not approve a private-equity buyer, according to the sources." Either way, the deal is "not in danger of collapsing" even though the deal technically expires Friday, The Post added. (The New York Post)

January 27, 2017

According to the Texas Influenza Surveillance Report, for the week ending Jan. 14, the percentage of doctor and hospital visits for influenza-like illnesses appoached 6%.

January 27, 2017

The dividend is payable March 10, 2017 to stockholders of record as of Feb. 15, 2017.

January 27, 2017

The new Walgreens specialty pharmacies are part of more than 250 Walgreens community and health system pharmacies that focus on community-based, patient-centered care.

January 26, 2017

If the Walgreens-Rite Aid deal is not extended, Walgreens may need to forfeit a $325 million termination fee, analysts noted.

January 26, 2017

"At this time, we are actively engaged in discussion with Rite Aid regarding how to proceed," Walgreens Boots Alliance CEO Stefano Pessina told shareholders. "These discussions include taking into account anything that is required to gain approval."

January 25, 2017

The TD Bank-branded in-store ATM installation follows the company's expansion last summer in Boston-area Walgreens locations.

January 25, 2017

The New York Post late Tuesday night reported that neither Walgreens nor Rite Aid will the nix the deal if the they don't get regulatory approval by the deadline Jan. 27.  “I assume that is correct,” a source with direct knowledge of the situation told The Post on Tuesday. "Rite Aid’s shares closed up 5 cents, at $6.95, well below the offer price," The Post added. "Its shares could fall below $4 if the deal is blocked, sources said." (The New York Post)

January 23, 2017

"As the Walgreens/Rite Aid merger agreement is set to expire on Jan. 27, Walgreens could look to re-cut the ... deal given the challenges, potentially enhancing its profile," noted DB analyst George Hill.