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2 mins read
Walgreens executives say the drugstore chain is losing about 50% more money due to loss and theft than it did prior to 2020
"This is not petty theft," CFO James Kehoe said on an investor call. "These are gangs that actually…
Allana Akhtar
2 mins read
The American dream is 'rapidly diminishing,' Walgreens boss says in plea to raise taxes for the wealthy
John Driscoll, a Walgreens exec, wants lawmakers to tax millionaires like himself more to preserve …
Jordan Hart
2 mins read
Roz Brewer will get a signing bonus worth $25 million when she joins Walgreens as its new CEO, on top of her $1.5 million salary
Roz Brewer, who will become Walgreens' CEO in March, will also get personal use of the company's pr…
Grace Dean
3 mins read
The rise and fall of pharma bigwig Rite Aid, which couldn't keep up with rivals Walgreen and CVS
The 61-year-old pharmacy chain listed $3.3 billion in debt as of June, not counting pending opioid …
Nidhi Pandurangi,Grace Dean
9 mins read
Walgreens' HR chief says leaders need to 'take the wall down' and be open about themselves at work
Holly May said she is honest with her coworkers about what's going on in her life. It "builds trus…
Josée Rose
1 min read
TCS bags USD 1.5 bn contract from Walgreens Boots Alliance
New Delhi, Feb 3 () IT major Tata Consultancy Services on Monday said it has bagged a USD 1.5 billi…
PTI
2 mins read
Target, Kroger, Walgreens, and CVS are limiting purchases of baby formula as frantic parents face shortages
Baby formula is in high demand, and stores including Target, Kroger, Walgreens, and CVS are limitin…
Gabrielle Bienasz
3 mins read
Walgreens CEO Roz Brewer wants to make getting healthcare as easy as going to your neighborhood pharmacy
The former Starbucks COO and head of Sam's Club envisions a Walgreens that's not just a pharmacy ch…
Marguerite Ward
1 min read
Walgreens is raising its minimum wage to $15, matching CVS as it competes to hire workers
Walgreens is raising its minimum wage to $15 to attract talent amid the labor shortage. CVS Health …
Hannah Towey
2 mins read
Pharmacy stocks are getting Amazon'd as the consumer giant pushes into online prescription drugs — and CVS and Walgreens are tanking
Amazon's foray into prescription drugs has been in the works for some time, hinted at by its acquis…
Matthew Fox
1 min read
Pharmacy stocks tumble on report Amazon is weighing a push into physical pharmacies
Pharmacy stocks took a hit Wednesday following reports from Insider that Amazon is exploring openin…
Carla Mozée
3 mins read
Roz Brewer, the only Black woman leading a Fortune 500 company, shares her 3-part strategy for making companies more diverse and inclusive
"The time is now," the incoming Walgreens CEO said in a TED Talk on diversity, equity, and inclusio…
Marguerite Ward
3 mins read
Starbucks COO Roz Brewer is leaving the coffee giant to become Walgreens CEO, and the only Black woman leading a Fortune 500 company
Brewer will become the only Black woman leading a Fortune 500 company with her job role as Walgreen…
Kate Taylor,Nancy Luna
2 mins read
Walgreens' CEO is stepping down as the coronavirus complicates the chain's turnaround plans
Walgreens on Monday said that it was searching for a new CEO and that Stefano Pessina would be exec…
Steven Tweedie
1 min read
15 mind-blowing facts about Walgreens
A Walgreens spokesperson shared a statement with Business Insider regarding the the retailer's shee…
Áine Cain
1 min read
Two of the UK's best-known high-street retail brands, John Lewis and Boots, slash more than 5,000 jobs combined
John Lewis said it would cut 1,300 jobs, while Boots plans to axe 4,000 jobs. Both will shut down s…
Shalini Nagarajan
2 mins read
Walgreens sinks after sales miss
Earlier this year, the company teamed up with LabCorp, Kroger, and Alibaba to expand into newer mar…
Varada Bhat
2 mins read
Walgreens and Humana are reportedly looking to take stakes in one another
Walgreens, for its part, is up against stiff competition for customers, facing off against the like…
Lydia Ramsey
2 mins read
Walgreens is surging on a report that KKR formally approached the company to talk about taking it private
Still, the stock has fallen more than 20% in the last 12 months as Walgreens' partnerships pale in …
Carmen Reinicke
6 mins read
Walgreens and CVS have dueling visions for the future of pharmacies. Here are the biggest obstacles each one faces.
In its October earnings report, Walgreens reported that its net earnings fell 55% compared to the s…