America’s biggest pharmacy chains are closing hundreds of stores, laying off thousands of workers and rethinking their role ...

Retail pharmacy giants Walgreens Boots Alliance ( WBA 6.24%) and CVS Health ( CVS 0.03%) have been struggling in recent years ...

CVS Health said Friday that as of Thursday David Joyner became its new CEO, replacing Karen Lynch. In an agreement with the ...

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

Walgreens is planning to close around 1,200 locations, as the drugstore chain and its rivals struggle to define their role ...

In addition to Joyner taking over as president and CEO, current Chairman of the Board Roger Farah will now become the board’s ...

Walgreens’ announcement Tuesday that it plans to shutter 1,200 locations over the next three years made headlines, but that ...

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," ...

Walgreens plans to close 1,200 stores, including 500 by 2025, after posting a $3 billion loss, the company announced Tuesday.

The company had confirmed plans in June to close unprofitable stores, but had not disclosed how many locations would be ...

The move comes after the company repeatedly missed earnings targets, spurring activist interest and setting off unrest among ...

Walgreens says about a quarter of its stores are unprofitable. Big pharmacy chains are struggling with growing retail competition and lower prescription payouts.