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Tag: walgreens

Walgreens (WBA) earnings Q3 2020 swing to a loss

Walgreens Boots Alliance said Thursday that the pandemic hurt its fiscal third-quarter results as fewer people went to the doctor and got prescriptions and the company spent more to staff and clean stores. The drugstore chain said its profits were dragged down primarily by the United Kingdom. They were also squeezed by increased sales of low-margin …

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Walgreens says new small-format store personalizes care, could help in ‘pharmacy deserts’

Walgreen Stores in Lexington Park, MD. Source: Walgreens Walgreens has rolled out a new kind of store that shrinks down its square footage and focuses on the pharmacy. Expect to see fewer front-of-store items, a slimmed down selection of over-the-counter medications and an emphasis on relationships between pharmacists and customers. It has opened more than …

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Walgreens to open 15 drive-thru coronavirus testing sites across 7 states

A health care professional swab tests a patient for coronavirus at drive-through testing outside the Emergency Room entrance at Beth Israel Deaconess Hospital in Milton, MA on March 30, 2020. Matthew J. Lee | The Boston Globe via Getty Images Walgreens said Tuesday that it plans to open 15 drive-thru testing locations for the coronavirus …

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Walgreens (WBA) Q2 2020 earnings

A pedestrian passes in front of a Walgreens Boots Alliance Inc. store in the Hollywood neighborhood of Los Angeles, California. Christopher Lee | Bloomberg | Getty Images Walgreens Boots Alliance said it saw a surge in sales and then a drop-off in March as the coronavirus pandemic spread across the world and now keeps people indoors. …

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Walgreens, Walmart opening drive-through sites

A week after leaders of Walmart, Target, CVS Health and Walgreens pledged to set up coronavirus testing in their parking lots, the public is still waiting for their widespread availability. Only one of the companies — CVS — has opened a testing site so far. The company opened its first drive-through test site Thursday afternoon in Massachusetts, but …

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Walgreens takes omnichannel steps in response to coronavirus

Walgreens is enacting new digital and online policies to support customers during the coronavirus (COVID-19) pandemic. The drugstore giant is waiving delivery fees for all eligible prescriptions during the pandemic, there will be free delivery on any online purchase beginning March 13 and until further notice, with no minimum purchase required. In addition, consumers in …

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Bed Bath & Beyond taps top Walgreens exec to become its chief merchant

A shopper walks past a Bed Bath & Beyond Inc. store Andrew Harrer | Bloomberg | Getty Images Bed Bath & Beyond has tapped Walgreens‘ Chief Merchandising Officer Joe Hartsig to become its chief merchant, CNBC has learned, reporting to Chief Executive Mark Tritton. Hartsig will also become president of Bed Bath & Beyond’s Harmon …

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Ashworth named Walgreens president | Chain Store Age

Walgreens Boots Alliance has promoted a longtime Walgreens executive to lead the chain. The company on Wednesday named Richard Ashworth president of Walgreens, a position that has been held since 2014 by WBA co-COO Alex Gourlay, who is set to focus more broadly on that role.  In his new role, Ashworth, who had been president …

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