DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) has announced the departure of James Kehoe, executive vice president and global chief financial officer. Kehoe will leave WBA in mid-August to pursue an opportunity in the technology sector. Manmohan Mahajan, senior vice president, global controller, has been named interim global chief financial officer while the company conducts
WASHINGTON – The National Retail Federation today released its annual list of the Top 100 Retailers, compiled by Kantar, a global marketing data, insight and consultancy company. The 2023 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. Longtime No. 1 Walmart held its top position with $499.65 billion in U.S. retail sales
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) on Tuesday reported mixed results for its third quarter, beating analysts’ sales estimates but falling short of profit expectations. Sales for the period ended May 31 advanced 8.6% from the year-ago quarter to $35.4 billion, topping Wall Street’s forecast of $33.79 billion. But adjusted earnings per share came
DEERFIELD, Ill. — Since becoming chief executive officer of Walgreens Boots Alliance in March 2021, Roz Brewer has put her stamp on the company by sharpening its focus on the things that matter most — health care and retailing. “We are taking decisive action to unlock value and strengthen the company by simplifying the portfolio,”
DEERFIELD, Ill. — As chief procurement officer at Walgreens Boots Alliance, Melissa Salo oversees commercial relationships with the retail pharmacy chain’s suppliers and partners. “I am responsible for leading the procurement team for goods and services not for resale,” she says. “Our team partners with business to procure technology, property, supply chain and logistics, marketing,
DEERFIELD, Ill. — Walgreens has introduced The Walgreens COVID-19 Pulse Check, a quantitative study that finds an estimated 17 million (42%) U.S. seniors agreeing they are less socially active now than before the pandemic. About 20% of seniors feel lonelier now, according to the survey of more than 1,000 adults age 55 and older. The research
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) announced Thursday that it has sold 13.0 million shares of Option Care Health (OPCH) common stock in an underwritten secondary offering and, subject to completion of the offering, a concurrent share repurchase by OPCH in the amount of approximately 2.5 million shares. After the sale, Walgreens Boots Alliance’s
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) posted first quarter sales and earnings that topped analysts’ forecasts. WBA reported adjusted earnings per share of $1.16, surpassing the expected $1.14. Revenue for the three-month period ended November 30 was $33.38 billion, ahead of the projected $32.84 billion. Walgreens’ front-end sales grew 0.8%, with same-store sales rising
NUNEATON, England — Holland & Barrett International Ltd. this month appointed former Walgreens Boots Alliance co-chief operating officer Alex Gourlay as its new executive chairman. Gourlay replaces Michael Casey, who will remain as a non-executive member of the board at one of Europe’s largest health and wellness retailers. Founded more than 150 years ago, Holland
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) and VillageMD announced Monday the opening of the first Village Medical at Walgreens primary care practice in Las Vegas, with more scheduled to open in the market by the end of this year. “VillageMD and Walgreens are working together to provide coordinated primary care and pharmacy services that
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) is strengthening its commitment to increasing the representation of people with disabilities at all levels across the company’s U.S. segments and redesigning its annual bonus plan in the U.S. to include a disability representation metric to drive this commitment. The company will be the first in the
DEERFIELD, Ill. — Walgreens Boots Alliance last month announced a new leadership structure for its U.S. business following WBA’s full acquisition of Shields Health Solutions and the planned exit of Walgreens president John Standley, who is leaving the company to pursue other opportunities. The U.S. business has been split into two segments: Retail and Pharmacy.