CESTMOI_1170x120_11-14-18

Walgreens Boots Alliance

Ashworth moves up at Walgreens

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) has promoted Richard Ashworth to president of operations at Walgreens, a newly created position, the company announced last month. Ashworth has been with the company more than 25 years, most recently serving as president of pharmacy and retail operations. Now, with the promotion, Ashworth takes on additional

WBA to shut 600 stores in retail network overhaul

WBA to shut 600 stores in retail network overhaul

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) plans to close 600 stores starting next year as it rationalizes its U.S. drug store base following the $4.375 billion purchase of 1,932 Rite Aid stores. In reporting its fiscal 2017 fourth-quarter and annual results on Wednesday, WBA said it expects to finalize the Rite Aid store acquisition

WBA’s Q4 earnings top analysts’ forecast

WBA’s Q4 earnings top analysts’ forecast

DEERFIELD, Ill. — Walgreens Boots Alliance Inc.’s (WBA’s) revenue and adjusted earnings for the fourth quarter beat analysts’ estimates, as the company benefited from an expansion of Walgreens’ mail order services. Share price of the company’s stock rose 4.3% to $70.15 in premarket trading today after WBA also forecast 2018 earnings largely above Wall Street

WBA launches co-developed skin care brand

WBA launches co-developed skin care brand

NEW YORK — Walgreens Boots Alliance has begun rolling out YourGoodSkin, a skin care line it helped develop, to select Walgreens and on Walgreens.com. WBA said Wednesday that YourGoodSkin — co-created with scientists, dermatologists and a community of thousands of women — is formulated to help prevent skin problems before they occur. Headlining the 23-item

Analysts size up new WBA-Rite Aid deal

Analysts size up new WBA-Rite Aid deal

NEW YORK — The impending closure of Walgreens Boots Alliance’s purchase of nearly 2,000 Rite Aid stores will clear the fog around both companies since their terminated merger deal and enable them to move ahead, Wall Street analysts say. WBA and Rite Aid yesterday announced that the Federal Trade Commission approved a downsized agreement in

Rite Aid looks ahead to stronger store base

Rite Aid looks ahead to stronger store base

CAMP HILL, Pa. — Rite Aid Corp. has provided a more detailed picture of its store base after the expected closing of its deal to sell nearly half its stores to Walgreens Boots Alliance (WBA). In a filing with the Securities and Exchange Commission, Rite Aid said it would have 2,336 stores following the sale