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The Latest Breaking News from Walgreens

Stock Market Today: Stocks End Higher Ahead of May PCE Data

Micron Technology, Walgreens Boots Alliance and Levi's were three of Thursday's biggest movers.

Kiplinger

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

Drug Distributor Cencora Falls; Blame Walgreens, Not The Supreme Court

Cencora stock and other drug distributors fell on Wednesday, hit by Walgreens results, not the ruling that killed an opioid settlement.

Investors Business Daily

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Essential retailer closing hundreds of stores, CEO sounds alarm

The chain has thousands of stores across the country.

The Street

Walgreens Stock Hits 27-Year Low After Massive Earnings Miss

Walgreens Boots Alliance stock is tanking Thursday the pharmacy retailer came up short of earnings expectations and slashed its full-year outlook. Here's what you need to know.

Kiplinger

Your neighborhood Walgreens might be closing down

News comes as earnings dive.

Fortune

Walgreens CEO plans drastic step, shares crash

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

The Street

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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

Mold colonies and liquid-flooded air purifiers: CVS sourced medication from tainted factories—and it has twice the amount of recalls on store-brand drugs than competitors

In the past decade, CVS hired at least 15 drug makers with previous manufacturing issues, according to a Bloomberg investigation.

Fortune

Essential retail chain files for Chapter 11 bankruptcy

Illinois-based pharmacy chain has filed for Chapter 11 bankruptcy seeking a debt-for-equity exchange with its prepetition lenders.

The Street

Family Dollar may be sold as dollar store carnage continues

The rapid expansion of dollar stores across the US in recent years has been a retail phenomenon

The Independent UK

Women run just 10.4% of Fortune 500 companies

The share of Fortune 500 companies run by women stayed flat at around 10% over the past year.

Fortune

Need a pharmacy? These states and neighborhoods have less access

Urban and rural communities have come to depend on pharmacies as a trusted care option and a place for advice

The Independent UK

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Fortune

The U.S. drugstore is caught in a perfect storm, ditched by customers and squeezed by insurance middlemen

“If even big chains cannot survive—and even CVS and Walgreens are hurting—what do you expect for the small pharmacies?”

Fortune

The great American pharmacy meltdown

Seattle's beloved Bartell’s, now owned by debt-laden Rite Aid, is closing many of its locations. It's the latest symptom of a national health care crisis that hurts all of us.

The Independent UK

Price cut wars: Walgreens follows Target, Walmart and Amazon in slashing prices on 1,500 items

Walgreens, which operates nearly 9,000 locations across the US, has been cutting prices since October

The Street

Walgreens price cuts — What customers can expect at checkout

Walgreens is cutting prices on over 1,300 items amid persistent inflation.

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news in one place.

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The Street

Another major retailer is cutting its prices on thousands of products

A growing number of retailers are opting to cut prices amid the loss of frugal consumers in their stores.

The Independent UK

Red Nose Day 2024 fights child poverty with the 'whimsy' of a candy castle, monster truck and Legos

Red Nose Day has raised $370 million since 2015 to fund anti-poverty efforts

The Street

Rite Aid’s bankruptcy explained: Causes & timeline

Rite Aid, a more than half-century-old drugstore chain, filed for Chapter 11 Bankruptcy in late 2023, but the brand is attempting to salvage its business under crisis CEO Jeffrey Stein. Here's how and why it happened.

Investors Business Daily

Walgreens Stock Rallies On Report It's Booting UK Drugstores

Walgreens stock surged early Monday after Bloomberg reported the pharmacy chain is exploring selling its Boots chain.

International Business Times UK

Are You An Instacart Shopper? This 'Gift Card' Scam Could Get You Banned From The App

Instacart shoppers are targeted by gift card scams, tricking shoppers into buying gift cards with stolen codes.

Barchart

3 Dividend Kings That Cut (Or Will Cut) Their Dividends

Dividend aristocracy isn't always a sure thing. Here are 3 companies that have been or will be booted from the coveted king's list.

The Street

Another drugstore chain files for Chapter 11 bankruptcy

A small drugstore chain files Chapter 11 bankruptcy facing tough competition from major retail chains with pharmacies.

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