DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has finalized the sale of its Alliance Healthcare businesses to AmerisourceBergen. The $6.5 billion deal included $6.275 billion in cash (subject to a customary net cash and working capital adjustment) and 2 million shares of AmerisourceBergen common stock. WBA said it will use the cash proceeds to reduce
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has released At the Heart of Health 2020 Corporate Social Responsibility (CSR) Report, which outlines the impact of its commitment to the critical needs facing communities today, including access to health care, diversity and inclusion accountability and innovative and sustainable solutions including reducing its carbon footprint and generation of
Todd Huseby, partner and leader of the consumer health care sector at Kearney, examines the implications of some key recent developments for pharmacy retailers. COVID-19’s effect on shoppers, Amazon’s move into the prescription drug business, the emergence of other e-commerce challengers, and changes at CVS Health and Walgreens Boots Alliance are among the subjects
DEERFIELD, Ill. — Stefano Pessina is bullish about the future of Walgreens Boots Alliance in the wake of Rosalind Brewer’s appointment to succeed him as the company’s chief executive officer. A former CEO of Walmart’s Sam’s Club division and currently chief operating officer and group president at Starbucks Corp., Brewer will join WBA on March
DEERFIELD, Ill. — The chaotic U.S. health care landscape is clearly one filled with opportunity to Walgreens Boots Alliance (WBA), which has launched several new initiatives since the start of the year. During a recent presentation at the virtual JPMorgan Healthcare Conference, WBA executive vice president and chief financial officer James Kehoe described the industry
Walgreens Boots Alliance has shifted into high gear since the start of 2021. Building on a foundation that it painstakingly laid in recent years, the company has unleashed a salvo of initiatives designed to buttress its central role in health care and retailing. Following the realignment of its partnership with AmerisourceBergen — a transaction that
Walgreens Boots Alliance has shifted into high gear since the start of 2021. Building on a foundation that it painstakingly laid in recent years, the company has unleashed a salvo of initiatives designed to buttress its central role in health care and retailing. Following the realignment of its partnership with AmerisourceBergen — a transaction that
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) and VillageMD plan to open the next 40 new Village Medical at Walgreens full-service primary care clinics by the end of next summer, the companies said Wednesday. The news comes on the heels of a successful pilot that began in Houston last year and will eventually lead to
DEERFIELD, Ill. — Walgreens Boots Alliance has updated its loyalty program, rechristened as myWalgreens, to offer customers extensive new benefits, including the fastest same-day retail pickup currently available. Customers can now shop online and on a fully redesigned mobile app for health and wellness items, then pick them up in the store, curbside or at
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) and McKesson Corp. announced on Monday the completion of their previously announced agreement to create a joint venture combining their respective pharmaceutical wholesale businesses in Germany, Alliance Healthcare Deutschland (AHD) and GEHE Pharma Handel (GEHE). WBA holds a 70% controlling equity interest in the joint venture and McKesson
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) at the end of last month announced the appointment of John Standley as president of Walgreens. He will head up all Walgreens operations, and will have responsibility for the development, growth and management of the business as the company continues to build on its leadership in the rapidly
DEERFIELD, Ill. — Walgreens Boots Alliance is searching for a new chief executive officer following last month’s announcement that Stefano Pessina will step down from that role. Once a new CEO is appointed, Pessina will become executive chairman, succeeding Jim Skinner, who will remain on the board of directors to help facilitate a smooth leadership