By becoming leaner and shedding unprofitable stores, Walgreens can hopefully make strides in getting back to breakeven and ...
Sales of groceries and other items at Walgreens stores have been hit as consumers increasingly hunt for bargains and shun higher-priced items. For fiscal 2025, Walgreens said it expects adjusted ...
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Walgreens plans to close about 1,200 locations over the next three years as part of a cost-cutting plan, the company said Tuesday.
Walgreens said fourth quarter sales increased 6% to $37.5 billion, “reflecting sales growth across all segments.” In particular, U.S. retail pharmacy sales were up 6.5% to $29.5 billion.
Still, the company managed to post stronger-than-expected sales in the past quarter. Revenue at the chain rose 6% from the same quarter a year ago, but Walgreens reported a $3 billion loss largely ...
Walgreens' announcement comes as the company reported soft revenue for fiscal year 2024. Total retail sales were down over 4% in 2024. "In fiscal 2025, we are focusing on stabilizing the retail ...
A temporary sales boost from COVID-19 tests and vaccinations has ended. Misguided mergers and acquisitions have hurt: ...
Walgreens, which also owns the British drugstore chain Boots, reported a net loss of $3 billion in the latest quarter. This was actually better than expected, with sales growing 6%. Sponsor ...
three North Side retail buildings solely occupied by Walgreens are up for sale. While Walgreens Boots Alliance Inc. hasn't said which, if any, Chicago stores will be included in the 1,200 U.S ...
Walgreens plans to close at least 1,200 stores over the next three years as the pharmacy giant seeks to reduce costs and turn around operations under a new leader. One of the largest drugstore ...