June 9, 2016 by MMR
Alex Gourlay, Ornella Barra, Rite Aid Corp., Walgreens Boots Alliance Inc., WBA
Featured Articles, Leading Headlines, People
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) has realigned its senior management roles and responsibilities, as it lays the groundwork for the next phase of its evolution, which, pending Federal Trade Commission approval, will include the acquisition and integration of Rite Aid Corp. In an effort to streamline the management of the company’s global
May 27, 2016 by MMR
Rite Aid Corp., Walgreens Boots Alliance Inc., WBA
Leading Headlines, Money, Retail News
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) Inc. has announced a $6 billion debt offering to help finance its $17.2 billion deal to acquire Rite Aid Corp. WBA it expected the underwritten public offering of unsecured, unsubordinated notes to close on June 1, pending customary closing conditions. The company reported that the net proceeds will
April 12, 2016 by MMR
Alliance Healthcare Russia, Walgreens Boots Alliance Inc., WBA
Leading Headlines, Retail News
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) Inc. has sold its Alliance Healthcare Russia pharmaceutical wholesale business to 36.6, a leading health and beauty aids and pharmacy retailer in Russia. Financial terms of the transaction weren’t disclosed. However, WBA said it will own a 15% interest in the 36.6 group when the transaction closes. Listed
April 5, 2016 by John Schultz
second quarter, Walgreens Boots Alliance Inc., WBA
Featured Articles, Leading Headlines, Money, Retail News
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) said today that its sales rose 13.6% in the second quarter to $30.2 billion and that it is raising the low end of its earnings-per-share guidance for fiscal 2016 by 5 cents to $4.35 to $4.55. It had net earnings of $930 million, or 85 cents a
March 31, 2016 by MMR
Brian Cornell, Charles Redfield, CVS Pharmacy, Jeff Jones, Jody Pinson, John Standley, Judy Sansone, Loblaw Cos., Pat Dean, Rick Dreiling, Shoppers Drug Mart, slideshow, Stefano Pessina, Walgreens Boots Alliance Inc., Walmart
Featured Articles, Slideshows
NEW YORK — Racher Press Inc., the publisher of Mass Market Retailers and Chain Drug Review, presented its 2015 Retailer of the Year awards last evening in New York City. The annual event drew retailer and supplier executives from across the food, drug and mass channel to a ballroom at the new headquarters of Time
February 15, 2016 by MMR
Rite Aid Corp., Walgreens Boots Alliance Inc., WBA
2016, Issue 02-15-2016, Issues, Retail News
CAMP HILL, Pa. — Rite Aid Corp. stockholders voted by a wide margin to approve the company’s $17.2 billion deal to be purchased by Walgreens Boots Alliance Inc. (WBA). According to Rite Aid, about 97% of the votes cast at a special meeting of stockholders earlier this month were in favor of the deal. A
February 4, 2016 by Geoff Walden
Rite Aid Corp., Walgreens Boots Alliance Inc., WBA
Featured Articles, Leading Headlines, Retail News
CAMP HILL, Pa. — Rite Aid Corp. stockholders have voted overwhelmingly to approve the company’s $17.2 billion deal to be acquired by Walgreens Boots Alliance Inc. Approximately 97% of the votes cast at a special meeting of stockholders on Thursday were in favor of the deal. A quorum of 74% of Rite Aid’s total outstanding
December 14, 2015 by MMR
Federal Trade Commission, Rite Aid Corp., Walgreens Boots Alliance Inc.
2015, Issue 12-14-2015, Issues
DEERFIELD, Ill. – As has been expected, Walgreens Boots Alliance Inc. and Rite Aid Corp. announced earlier this month that the two companies have each received a request for additional information (“second request”) from the Federal Trade Commission in connection with WBA’s proposed acquisition of Rite Aid. The second request was issued under notification requirements
November 30, 2015 by MMR
2015 PoweRanking, Amazon.com Inc., Coca-Cola Co., ConAgra Foods Inc., Costco Wholesale Corp., General Mills Inc., H-E-B, Johnson & Johnson, Kantar Retail LLC, Kellogg Co., Kraft Heinz Co. Unilever PLC, Kroger Co., Meijer Inc., Nestlé S.A., P&G, PepsiCo Inc., Procter & Gamble Co., Publix Super Markets Inc., Target Corp., Walgreens Boots Alliance Inc., Walmart, Wegman’s Food Markets Inc.
2015, Issue 11-30-2015, Issues
WILTON, Conn. – Walmart is the top retailer and Procter & Gamble Co. (P&G) is the top manufacturer in the 2015 PoweRanking from consulting firm Kantar Retail LLC. Each has led its respective category for more than a decade, noted Kantar, which launched the survey in the late 1990s with the aim of identifying industry