LONDON — Tesco chief executive officer Dave Lewis announced Wednesday that he will step down next summer after declaring the company’s turnaround complete. Celebrating its 100th anniversary, Tesco is five years into a recovery plan launched by Lewis after an accounting scandal capped a dramatic downturn in trading. Successor Ken Murphy, a former executive at
DEERFIELD, Ill. and HANGZHOU, China — Walgreens Boots Alliance, Inc. and Alibaba Group Holding Ltd. today announced the launch of a Boots flagship store on Tmall Global, Alibaba’s B2C platform for international brands and retailers, to introduce a number of iconic Boots beauty brands to more than half a billion consumers on Alibaba’s platforms in
DEERFIELD, Ill. — Alex Gourlay and Ornella Barra have been named co-chief operating officers of Walgreens Boots Alliance Inc. (WBA). Gourlay had been president of Walgreens, and Barra president and chief executive of global wholesale and international retail. Both had also been executive vice presidents of WBA. In his new role, Gourlay will oversee Walgreens
SYDNEY, Australia — Almost 100 years ago Australian pharmacists banded together to stop Boots the Chemist entering their market by setting up the Pharmacy Guild of Australia and successfully lobbying governments to enact laws restricting pharmacy location and ownership. Walgreens Boots Alliance Inc. (WBA) can expect a similarly frosty reception when it tries once again
NEW YORK — Walgreens Boots Alliance (WBA) reportedly is looking to open pharmacies in Australia, a market that the company has eyed for years. Ken Murphy, global brands president for WBA, told The Sydney Morning Herald that the company was exploring such options as establishing distribution for its health and beauty aids brands, starting a
