DEERFIELD, Ill. — Earlier this month Walgreens Boots Alliance (WBA) announced that it 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
DEERFIELD, Ill. — Walgreens said Monday that it is collaborating with actress Jordana Brewster to raise awareness and money to end child poverty through its Red Nose Day fundraising event. As a mom of two, and outspoken advocate for mothers, Jordana is eager to lend her voice to the cause. “After the past year we’ve
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) said Tuesday that it has been named to 3BL Media’s annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest, publicly listed companies in the U.S. “Being a good corporate citizen is central to our business. By consistently responding
DEERFIELD, Ill. — Walgreens Boots Alliance’s second-quarter earnings easily beat analysts’ projections, as sales rose 4.6% to $32.8 billion. WBA posted adjusted earnings of $1.21 billion, or $1.40 per share, well ahead of Wall Street’s estimate of $1.11. The company elevated its full-year guidance to mid-to-high single-digit growth in constant currency adjusted EPS from both
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