The pharmacy giant estimates that a quarter of its 8,700 locations are unprofitable as consumers shift their spending habits.
For the quarter, Walgreens' revenue climbed 6% year over year to $37.55 billion. However, adjusted earnings per share (EPS) plunged 40% to $0.39, as its margins continue to be squeezed by ...
Blockbuster diabetes and weight loss drugs, known as GLP-1 treatments, could help reduced the rate of overdoses and ...
Walgreens reported a loss of $3 billion in the fourth quarter and plans to close 1,200 stores over the next three years as ...
After sharing that a quarter of its locations are unprofitable, the retail chain said it's aiming to cut a substantial number ...
The closures will occur within the next three years, starting with 500 stores being shuttered in fiscal year 2025, Walgreens ...
Walgreens is dramatically shrinking its retail footprint and revamping its front-of-store product mix in a bid to fend off ...
(WSMV) - A woman is facing multiple drug charges after she was caught stealing prescription medication bottles from a Walgreens Pharmacy in ... she had taken the pills in question because she ...
Walgreens has announced it will close about 1,200 stores in the U.S. as it struggles with slumping consumer spending. The closures will take place within the next three years, starting with 500 stores ...
Walgreens will close 1,200 stores over the next three years after announcing fourth-quarter earnings on Tuesday that beat analyst expectations, as the pharmacy chain—which reported future ...
Walgreens plans to close about 1,200 locations over the next three years as the drugstore chain seeks to turnaround its struggling U.S. business. The company said Tuesday that about 500 store ...
Walgreens is not alone in struggling to grow its U.S. retail pharmacy business. The job cuts represents about 1% of the health care company's workforce, a CVS spokesperson told CBS MoneyWatch via ...