by Mike Duff | Jan 10, 2025 | Retail Articles
As it engages in a turnaround effort, Walgreens Boots Alliance posted lower earnings and lower retail comparable sales but still beat Wall Street estimates. Company net loss in the first quarter was $265 million, or 31 cents per share, versus a net loss of $67...
by Chandler Harvey | Dec 20, 2024 | Retail Articles
Retail took some surprising twists in 2024, as the view forward from 2023 didn’t reveal how the way forward would have so many twists and turns. Of course, some developments fell into old patterns and some weaker retailers fell by the wayside. Meanwhile, an...
by Peter Giannetti | Oct 29, 2024 | Retail Articles
Walgreens shoppers surveyed by market researcher Numerator said they are prepared to switch to other drug chains and mass merchants if impacted by the planned closure of some 1,200 Walgreens stores. Walgreens recently reported it would close 1,200 underperforming...
by Mike Duff | Oct 15, 2024 | Retail Articles
Walgreens Boots Alliance revealed it plans to close 1,200 underperforming stores as it reported fourth-quarter earnings declines in its overall and U.S. retail operations while sales gained in both segments. Walgreens’ adjusted earnings per share and sales did...
by Mike Duff | Aug 16, 2024 | Retail Articles
This summer has brought a wave of retail leadership moves, including at Pier1.com operator Omni Retail Enterprises and Walgreens Boots Alliance, which is reconfiguring the company around store operations after narrowing its healthcare focus. ODP Corp., Target, CVS...
