America’s biggest pharmacy chains are laying off thousands of workers and rethinking their roles in our lives. What went ...

More American consumers are facing a similar dilemma as independent and national retail pharmacy chains close stores, leaving ...

Walgreens Boots Alliance CEO Tim Wentworth said the closures will give the company a "healthier store base" and "will enable us to respond to shifts in consumer behavior and buying preferences," ...

The pharmacy industry is in crisis ... and after the company closed around 900 stores in recent years. CVS and other drug store chains are "struggling" due to falling reimbursement rates for ...

CVS also released its projections for the company’s upcoming third quarter, saying it expects adjusted earnings of between $1 ...

On the heels of its recent announcement that CVS Health will eliminate about 2,900 jobs nationwide, the health care giant is ...

The group blames the pharmacy benefit managers' control over total drug costs for insurers and their ability to determine how ...

Walgreens announced it intends to close 1,200 retail stores over the next three years as a corporate cost-cutting strategy that will shutter what they deem as poor performing stores.

The cuts are part of a large-scale, $2 billion savings plan unveiled by executives in August. The Woonsocket, Rhode ...

The company said Tuesday that about 500 store closures will come in the current fiscal year and should immediately support adjusted earnings and free cash flow. Walgreens didn’t say where the store ...

Only 153 of the terminated employees work at the Woonsocket headquarters or surrounding facilities while the remaining ...