by Mike Duff | Jul 31, 2023 | Retail Articles
James Kehoe, executive vp and global CFO is leaving Walgreens Boots Alliance in mid-August and the company has begun the search for a replacement. The company stated that it will seek a new global CFO with not only deep financial knowledge but also healthcare...
by Mike Duff | Jun 27, 2023 | Retail Articles
Although revenues came in above Wall Street expectations, the Walgreens Boots Alliance third-quarter results finished short of an analyst consensus earnings estimate as the company continues adjusting to an environment where COVID-19 no longer has a major effect on...
by Mike Duff | Apr 12, 2023 | Retail Articles
Walmart announced it is closing four stores in Chicago, citing a challenge to generate profits in the city. Walmart struggled to get approval from the city to open stores in Chicago, encountering local resistance from labor groups and certain community organizations...
by Mike Duff | Mar 28, 2023 | Retail Articles
In the second quarter, Walgreens Boots Alliance saw earnings slip, with the waning COVID-19 pandemic playing a role, but sales gain and both metrics beat Wall Street estimates. Walgreens posted company net earnings of $703 million, or 81 cents per diluted share,...
by Mike Duff | Feb 27, 2023 | Retail Articles
Companies from the United States dominated the top 10 global retailer list that business services firm Deloitte incorporated into its Global Powers of Retailing 2023 report. In addition, the report includes an analysis that suggests at least some economic...