NOTTINGHAM, U.K. – Walgreens Boots Alliance (WBA) on Tuesday published its 2018 Corporate Social Responsibility (CSR) Report, which showcases the company’s global sustainability initiatives to prevent opioid abuse, support cancer patients and their families and address malnutrition and other health issues in communities around the world. WBA said its CSR strategy is largely focused on
DEERFIELD, Ill. — Walgreens Boots Alliance announced it is teaming up with Microsoft to make health care delivery more personal, affordable and accessible for people around the world. The collaboration will combine WBA’s customer reach, convenient locations, outpatient health care services and industry expertise with the Microsoft Azure cloud computing platform and services. “Our strategic
WASHINGTON — Walgreens Boots Alliance has agreed to pay more than $269 million to settle federal and state lawsuits that accused the retailer of overbilling federal health-care programs. The pharmacy chain will pay $209.2 million to resolve claims that it improperly billed Medicare, Medicaid and other federal programs from 2006 to 2017 for hundreds of
DEERFIELD, Ill. — Last month Walgreens Boots Alliance (WBA) announced three global leadership appointments. Vineet Mehra is joining WBA as global chief marketing officer. He will be based at corporate headquarters here and will report to WBA co-chief operating officers Ornella Barra and Alex Gourlay. As global CMO, Mehra will be responsible for the visioning,
DEERFIELD, Ill. — Walgreens Boots Alliance posted mixed fourth quarter results, as earnings beat expectations but sales fell short of projections. Adjusted net earnings for the quarter ended August 31 rose 4.5% to $1.4 billion, up 4.5% on a constant currency basis, from a year ago. Adjusted earnings per share were $1.48, up 13% on
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA), which entered the Dow this week, topped analysts’s forecasts with its third quarter earnings, boosted its dividend and announced a $10 billion share buyback. “I am pleased that, in what has been a challenging environment, we have again delivered solid earnings per share growth combined with healthy cash flow,” said
PALM BEACH, Fla. – Change – confronting it and creating it – has emerged as a powerful theme of the 2018 National Association of Chain Drug Stores Annual Meeting. That fact was on display throughout Business Program remarks yesterday by NACDS chairman of the board Alex Gourlay, co-chief operating officer of Walgreens Boots Alliance and
GAINESVILLE, Fla. — Walgreens is launching a pilot program here that incorporates new approaches to pricing, promotions, product assortment and service offerings to create a new customer experience. The program, which has been implemented in 17 stores in the Gainesville area, will be monitored over the next 12 to 18 months to gauge customer reaction
Walgreens Boots Alliance, which bills itself as the first global pharmacy-led health and well-being enterprise, is intent on finding strength in the diversity inherent in its scope. Building on a foundation laid in 2007 when the company became a federal contractor in the United States, WBA is working hard to develop a workforce, supplier base
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) reported better-than-expected earnings and revenue on Wednesday when it announced results for the second quarter of fiscal 2018, which ended February 28. Overall, WBA earned $1.73 a share, up 27% versus a year ago. Revenue grew 12.1% to $33.02 billion. Same-store sales rose 2.4%, with comparable-pharmacy sales up
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) is reportedly seeking to acquire drug distributor AmerisourceBergen Corp. The Wall Street Journal reported on February 13 that representatives of WBA executive vice chairman and chief executive officer Stefano Pessina made “a high-level outreach” to representatives of AmerisourceBergen CEO Steven Collis several weeks before the story came out.
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) is in negotiations to acquire drug distributor AmerisourceBergen Corp., according to published reports. Representatives of WBA executive vice chairman and chief executive officer Stefano Pessina made “a high-level outreach” to representatives of AmerisourceBergen CEO Steven Collis several weeks ago, The Wall Street Journal reported, citing people familiar with the