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. — Walgreens Boots Alliance Inc.’s first quarter profits beat analysts’ projections handily. The company’s adjusted earnings per share of $1.22 topped the forecast of $1.03. Revenue for the period ended November 30 rose 5.7% to $36.3 billion, driven by gains in U.S. store sales and wholesaling. “Our first quarter results exceeded expectations
DEERFIELD, Ill. — Walgreens Boots Alliance is ramping up its investment in VillageMD in order to support the opening of 600 to 700 Village Medical at Walgreens primary care clinics in more than 30 U.S. markets within the next four years. Those clinics are to be followed by hundreds more after that. “Walgreens is focused
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) announced on Tuesday that co-chief operating officer Ornella Barra was praised for her sustainability leadership at the Responsible Business Awards 2020, recognizing her innovation and her passionate commitment to promoting community health. Barra chairs WBA’s Corporate Social Responsibility (CSR) Committee and leads the company’s CSR strategy and partnerships
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. — With the appointment of John Standley as Walgreens’ president yesterday, the management team at Walgreens Boots Alliance (WBA) gained an invaluable asset — a proven retail leader well equipped to provide a fresh, new perspective on the strategic transformation of the business that is already underway. A former chief executive officer at
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) on Monday appointed John Standley president of Walgreens, effective immediately. He will lead 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 evolving health care sector. Standley has a
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
In this edition of our Video Forum, Alex Gourlay, co-chief operating officer of Walgreens Boots Alliance and president of Walgreens, provides an update on the company’s strategic priorities — creating neighborhood health care destinations, accelerating digitalization, transforming the retail offering, and stepping up cost management efforts to free capital for reinvestment in the business.
DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) has tapped Mike Maresca as the company’s new chief technology officer. Maresca joined WBA at the end of June from Accenture, where he most recently served as global managing director leading business transformation and IT operations for global business applications and enterprise analytics. In his new role, Maresca
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) made two recent announcements that strengthen its omnichannel efforts, including an expansion of its strategic partnership with Microsoft and Adobe to launch a world-class digital experience and customer insights platform to deliver personalized health care and shopping offerings. The chain also opened more than 30 small-format pharmacies as
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) said on Thursday its financial results for the fiscal 2020 third quarter, which ended May 31, were significantly impacted by the COVID-19 pandemic. “Prior to the pandemic our financial performance for fiscal 2020 was on track with our expectations. However, this unprecedented global crisis led to a loss