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The Latest Breaking News from Tim Wentworth

Walgreens Shares Struggle After Report It Is Looking To Sell

Walgreens Boots Alliance is in talks to sell itself to Sycamore Partners, a private-equity firm, in a strategic move of going private after years of declining stock performance.

International Business Times

Huge drugstore retail chain closes hundreds of locations

The huge drugstore chain will close 1,200 stores in an out-of-court restructuring.

The Street

Stock market falls from record high. Movers: ASML, Walgreens, Enphase Energy

Here are the stocks making the biggest market moves.

The Street

From analysis to the latest developments in health,
read the most diverse news in one place.

Walgreens to close 1,200 stores

The drug store chain said 500 of the stores will shutter in the current fiscal year

Salon

Walgreens To Close 1,200 Stores As Part Of Turn-Around Efforts

The first 500 stores are going to be shuttered in the next year.

International Business Times

Walgreens To Close 1,200 Locations Due To Financial Struggles

Walgreens to close 1,200 stores due to financial challenges and online competition. CVS also cutting jobs amidst industry pressures.

Top News

Boots closures: Which stores are shutting and how many are in London?

More than 300 Boots stores are shuttering as part of cost-saving efforts

Evening Standard

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Analysts prescribe new Walgreens stock price targets after earnings

This is what could happen next to Walgreens shares.

The Street

Walgreens will close a ‘significant’ number of failing stores across US

There are 8,500 Walgreens stores across the country, and around a quarter are failing

The Independent UK

Walgreens To Close Underperforming Stores Amid Financial Challenges, Reports Say

CEO Tim Wentworth discussed the decision in interviews with CNBC and the Wall Street Journal, attributing it to challenges like weaker consumer spending forecasts.

International Business Times

Essential retailer closing hundreds of stores, CEO sounds alarm

The chain has thousands of stores across the country.

The Street

Walgreens CEO plans drastic step, shares crash

Walgreens has lost nearly two-thirds of its value over the past year.

The Street

Walgreens to take a hard look at underperforming stores, could shutter hundreds more

Walgreens is finalizing a plan to fix its business that could result in the closure of hundreds of additional stores in the next three years

The Independent UK

Walgreens announces 'meaningful' store closures

Walgreens says it will shutter a 'meaningful percent' of its 8,600 stores across the U.S.

The Street

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The Street

Walgreens shuttering 160 key business locations

The drugstore has been chasing other giants like CVS in a large and costly venture.

WEKU

Retailers howled about theft last year. Why not now?

Mentions of retail theft seem to be fading, their fever pitch cooling. What's changed? And how bad was the problem in the first place?

Kiplinger

Walgreens Slashes Dividend by Almost Half

Walgreens' dividend cut puts its membership in the elite Dividend Aristocrats in doubt.

The Street

Walgreens CEO Tim Wentworth said reducing its quarterly dividend to boost business reinvestment was 'the most shareholder-friendly thing we can do.'

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Top News

Walgreens Bolsters Balance Sheet, Slashes Dividend to Fuel Growth

In a daring move to boost its pharmacy and healthcare businesses, Walgreens is slashing its dividend by almost 50%, aiming to strengthen its financial posi...

Investors Business Daily

WBA Stock Jumps On Upgrade, Target Hike. New CEO, 'New Era' Analyst Says

JPMorgan upgraded WBA stock to buy early Monday, expecting Walgreens' new CEO to usher in "a new era" for the Dow Jones pharmacy giant.

The Street

Stocks extend gains, inflation data in focus, Walgreens earnings, new Ford strikes, Domino's Pizza profits - 5 Things To Know

Stocks higher, inflation in focus, Walgreens, Ford, Domino's Pizza

The Street

Walgreens stock active after disappointing Q4 earnings, 2024 profit outlook

Walgreens, which named industry veteran Tim Wentworth as CEO this week, posted weaker-than-expected Q4 earnings and issued a muted outlook.

People

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