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Walgreens Boots Alliance

Walgreens Boots Alliance posts 2Q gains

Walgreens Boots Alliance posts 2Q gains

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) reported better-than-expected earnings and revenue on Wednesday when it announced results for the second quarter of fiscal 2018, which ended February 28. Overall, WBA earned $1.73 a share, up 27% versus a year ago. Revenue grew 12.1% to $33.02 billion. Same-store sales rose 2.4%, with comparable-pharmacy sales up

Walgreens raises beauty to an even higher level

Walgreens raises beauty to an even higher level

DEERFIELD, Ill. — The elevation of beauty at Walgreens continues to take the category to new heights. The retailer has just completed the second phase of the Walgreens Beauty Differentiation concept rollout, diversifying its department mix with new brands and tonics. The new experience offers an updated and stress-free beauty shopping experience with testers and

Kehoe to succeed Fairweather as CFO at WBA

Kehoe to succeed Fairweather as CFO at WBA

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) recently announced the appointment of James Kehoe as the company’s executive vice president and global chief financial officer, effective June 1. Kehoe will succeed George Fairweather, who has served as WBA’s global CFO since February 2015. Fairweather has been instrumental in the formation of WBA, the subsequent integration

Execs in spotlight at Retailer of the Year Awards

Execs in spotlight at Retailer of the Year Awards

NEW YORK — At a reception in Manhattan this month, Chain Drug Review honored the recipients of the publication’s Retailer of the Year Awards. In the spotlight before a throng of their retail peers and supplier partners were Alex Gourlay, co-chief operating officer of Walgreens Boots Alliance (WBA), who was named Retailer of the Year; Kevin

More Rite Aid stores transferred to Walgreens

More Rite Aid stores transferred to Walgreens

CAMP HILL, Pa. — Rite Aid Corp. is winding down its asset sale to Walgreens Boots Alliance (WBA) with the ownership transfer of 537 more stores. Rite Aid said Tuesday that as of March 2, it has transferred 1,651 stores and related assets to WBA for cash proceeds of $3.6 billion. The process has progressed

Realignment in U.S. health care sector accelerates

Realignment in U.S. health care sector accelerates

NEW YORK — The U.S. health care industry has been in flux for a number of years, but the pace of transformation now appears to be accelerating rapidly. Several of the biggest players in the U.S. health care sector are making moves to confront an uncertain future — one that may bring unwelcome competition and

WBA, Express Scripts boost group purchasing relationship

WBA, Express Scripts boost group purchasing relationship

ST. LOUIS and DEERFIELD, Ill. — Express Scripts Holding Co. and Walgreens Boots Alliance (WBA) are expanding their group purchasing efforts to include the procurement of specialty branded drugs. The companies said late Tuesday that their work will be supported by ValoremRx Specialty Solutions LLC, which will source specialty pharmaceuticals to simplify the global supply chain and

Reports: WBA in talks to buy AmerisourceBergen

Reports: WBA in talks to buy AmerisourceBergen

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) is in negotiations to acquire drug distributor AmerisourceBergen Corp., according to published reports. Representatives of WBA executive vice chairman and chief executive officer Stefano Pessina made “a high-level outreach” to representatives of AmerisourceBergen chairman and CEO Steven Collis several weeks ago, The Wall Street Journal reported, citing people familiar

Walgreens tabs Rick Gates as senior VP

DEERFIELD, Ill. — Rick Gates has been named senior vice president of pharmacy and health care for Walgreens. Gates most recently served as group vice president of pharmacy. With the promotion, he will oversee commercial development and sales, contracting, pharma development, pharmacy supply chain, and clinical programs and alliances, Walgreens Boots Alliance (WBA) said. He

Rite Aid starts to revamp merchandising team

Rite Aid starts to revamp merchandising team

CAMP HILL, Pa. — Rite Aid Corp. is making changes to its category management team as it proceeds with an asset sale in which more than 40% of its drug stores will be transferred to Walgreens Boots Alliance (WBA). The Rite Aid category management staff changes are under way, a company spokeswoman confirmed but declined

Communications team strengthened at WBA

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has named Gulden Mesara-Dogan vice president of communications USA. In her new role at WBA, Mesara-Dogan will oversee a number of communications areas serving the enterprise and U.S. businesses and operations. These include the Walgreens communications division, Walgreens external communications, and the WBA internal communications and corporate events

Gourlay: ‘Pharmacy is beautifully positioned’

Gourlay: ‘Pharmacy is beautifully positioned’

FORT LAUDERDALE, Fla. — Pharmacy retailers and suppliers have a world of possibilities in front of them amid an evolving retail health care landscape, industry executives said at the 2018 NACDS Regional Chain Conference. The conference gathered regional drug and supermarket chains (four to 250 locations) with supplier partners that help meet their customers’ health and wellness

Corporate giants team up on employee health care

Corporate giants team up on employee health care

NEW YORK — Three of the largest U.S. companies — Berkshire Hathaway, Amazon and JPMorgan Chase & Co. — have joined together to take employee health care into their own hands. Berkshire Hathaway, Amazon and JPMorgan Chase said Tuesday that they plan to form an independent health care company to provide their employees accessible, affordable and quality care.

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