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The pandemic gave pharmacies a brief lifeline. Vaccines and COVID test kits drove foot traffic and revenue. But that wave has passed and the problems that were always there are now front and center.
Walgreens and other retailers have been hit by shoplifting and resorted to locking up items or closing high-theft stores since the pandemic, but Walgreens’ problems are much deeper, including ...
Walgreens has contended with difficulties for years. The company's share price has seen steady declines for about a decade, dropping from a peak of more than $95 a share in 2015 to less than $15 ...
Walgreens shares sank Friday, a day after the drugstore chain said it was suspending its dividend, breaking a streak of quarterly shareholder payouts that stretches back more than 90 years. The ...
Walgreens said in 2019 it would close 200 stores and in June announced an additional 150 store closures. The loss of a retail pharmacy can leave a void, especially for lower-income households.
In response to the concerns over the adverse effects relating to rare blood clotting types Germany has suspended use of the AZD1222 in those under 60 years of age; in contrast to a period previously having suspended use of AZD1222 to over–65s due to limited data of the efficacy of the vaccine to this age group at that time.
Walgreens booked a better-than-expected fiscal first quarter and gave Wall Street some positive vibes on the drugstore chain's plan to revive its struggling business. CEO Tim Wentworth told ...
Walgreens to close 13% of stores in U.S. While it's not immediately clear which 1,200 stores Walgreens is planning on closing, the move would impact about 13% of the more than 8,700 stores that ...
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