Walgreens Boots Alliance reported fiscal second-quarter revenue that beat analyst expectations, but posted a steep net loss from billions of dollars in impairment charges. The retailer adjusted ...
, opens new tab recorded a $5.8 billion impairment charge on its investment in clinic operator VillageMD on Thursday, hit by a cost-cutting drive to shut down unprofitable sites. VillageMD, a core ...
But Walgreens' new CEO, Tim Wentworth, thinks the company has an advantage, particularly over a company such as Amazon, which ...
Walgreens announced last week that it would close 160 of its VillageMD clinics after it recorded a nearly $6 billion non-cash impairment charge in the second quarter, the company said. According ...
Walgreens is conducting a new round of layoffs, the latest in a string of job cuts over the past year as the retail pharmacy giant aims to slash costs. Walgreens spokesman Fraser Engerman said the ...
One of the more natural evolutions of modern retail in the 21st century has been the convergence of goods and services into a handful of the biggest giants in the industry. While it's long been ...
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