Sycamore Partners said Thursday (Aug. 28) that it completed its acquisition of Walgreens Boots Alliance and that the businesses that made up WBA are now operating as standalone companies under private ownership. Those companies include Walgreens, The Boots Group, Shields Health Solutions, CareCentrix and VillageMD,...
Walgreens is reportedly seeing an uptick in sales as it prepares to go private. The company released quarterly earnings Thursday (June 26) showing sales of $39 billion, a 7.2% increase from the same quarter last year, driven by growth in its American retail pharmacy and international segments. “Third...
As the June 18 deadline for bidding on the remaining assets of Rite Aid nears, the potential buyers who are looking them over reportedly include pharmacy chain Walgreens, reality star turned entrepreneur Kourtney Kardashian, consumer-focused private equity firms, and three brand management companies: Authentic Brands...
Walgreens says it is boosting its investment in robotics with its new Minnesota-based micro-fulfillment center. The center, announced Tuesday (May 20), is based in the town of Brooklyn Park and will support nearly 200 Walgreens locations throughout the Midwest, including 145 in Minnesota alone, processing...
October 15, 2024
Walgreens Boots Alliance is undertaking a transformation focused on its retail pharmacy business in response to persistent challenges in the consumer market and pharmacy sector. As part of this strategy, the company plans to close approximately 1,200 underperforming stores in the next three years to streamline operations and increase profitability. A challenging consumer spending environment […]
June 03, 2024
This year more than 5 trillion digital ads will be shown globally. It’s a staggering number and a testament to the desire of companies from ad giants like Coca-Cola to...
December 22, 2022
Despite all the growth of omnichannel retail, the inventory data needed to satisfy BOPIS demand is still behind. Among those pressures: Having the right inventory in place, and having the...
December 02, 2022
When you need baby formula at 3 a.m., options are limited. Or rather, they were. Announcement of Walgreens 24-Hour Same Day Delivery on Thursday (Dec. 1) marks a turning point...
March 02, 2026
Walgreens has debuted what it calls the country’s first “hybrid pharmacy” program. The service, announced by the retailer last week, lets pharmacists divide their time between working in stores for part of the week and spending the rest of the time working from a “centralized pharmacy desk.” In a blog post announcing the move, Walgreens told the […]
August 28, 2025
Sycamore Partners said Thursday (Aug. 28) that it completed its acquisition of Walgreens Boots Alliance and that the businesses that made up WBA are now operating as standalone companies under...
June 26, 2025
Walgreens is reportedly seeing an uptick in sales as it prepares to go private. The company released quarterly earnings Thursday (June 26) showing sales of $39 billion, a 7.2% increase from the same...
June 10, 2025
As the June 18 deadline for bidding on the remaining assets of Rite Aid nears, the potential buyers who are looking them over reportedly include pharmacy chain Walgreens, reality star...
