DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) announced on Tuesday a new leadership structure for its U.S. business segment with Walgreens president John Standley leaving the company to pursue other opportunities. The new segment will now be organized under two leaders: Pharmacy led by Lee Cooper, and Retail led by Tracey Brown, president, Walgreens Retail
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) announced Wednesday that it has sold 11.0 million shares of Option Care Health common stock in an underwritten secondary offering. After the sale, Walgreens Boots Alliance’s ownership of Option Care Health’s common stock has decreased from approximately 20.5% to approximately 14.4%. Walgreens Boots Alliance intends to use the
Members of the pharmacy profession are at or near a high water mark in terms of public perception and recognition. Their performance during the COVID pandemic, when they stepped up to shift the nation’s sluggish immunization program into high gear, together with their steadily expanding role in community health care, have raised expectations among pharmacists,
DEERFIELD, Ill. — Increased demand for COVID-19 tests and vaccines helped lift Walgreens Boots Alliance Inc.’s second quarter results above Wall Street’s projections, as the omicron variant peaked during the period. WBA reported adjusted earnings of $1.59 per share in the three months ended Feb. 28. Revenue rose 3% to $33.76 billion. Analysts’ consensus estimates
DEERFIELD, Ill. — Roz Brewer has brought an analytical bent to Walgreens Boots Alliance during her first year as chief executive officer. Trained as a chemist at Spelman College, she brings a methodical, fact-based approach to solving problems related to the businesses of health care, pharmacy and retailing. “You always have to reach back and
In laying out her vision for the future of Walgreens Boots Alliance at the company’s investor day last month, chief executive officer Roz Brewer framed the strategy in personal terms. Recalling her mother’s final illness a decade ago, Brewer talked about the daunting complexity and wastefulness of health care in America, and how WBA is
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) launched on Thursday its new consumer-centric health care strategy to drive sustainable, long-term profitable growth. The plan features the launch of Walgreens Health, a new business segment enabled by investments in VillageMD and CareCentrix, accelerating the company’s capabilities in primary care, post-acute care and home care. The strategic
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has agreed to make an additional investment in VillageMD to advance its strategic position in the delivery of value-based primary care, a $1 trillion, fast-growing segment of the health care system. The companies said on Thursday that the $5.2 billion investment will accelerate the opening of at least
DEERFIELD, Ill. — Walgreens Boots Alliance beat Wall Street’s expectations for fourth quarter revenue and earnings, with COVID-19 vaccinations and tests boosting traffic and demand rising for cough-cold medications and vitamins. Walgreens administered 13.5 million vaccines during the three months ended August 31 — almost double the 7 million it had expected to provide. Adjusted
DEERFIELD, Ill. — Walgreens Boots Alliance has filled two key executive leadership positions, the company said on Tuesday. Holly May was appointed executive vice president and global chief human resources officer and Anita Allemand was appointed chief transformation and integration officer. May and Allemand will both report to WBA CEO Roz Brewer, as members of
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) released on Wednesday its second Diversity, Equity and Inclusion (DE&I) Report, which provides updates on the company’s bold DE&I commitments as well as its progress on leadership diversity. In addition, the Report includes – for the first time – U.S. demographic data by race. The DE&I Report, entitled
DEERFIELD, Ill. — Walgreens is further investing in its hourly team members who provide trusted care and services in communities across the U.S. Walgreens will increase the starting hourly wage for all team members to $15.00 an hour, taking effect in phases beginning in October of this year and are expected to be fully implemented
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. has named Tracey Brown to the newly created post of president of retail products and chief customer officer at Walgreens. The appointment, one of three announced Friday at WBA, is meant to emphasize Walgreens’ customer experience across all consumer touchpoints, the company said. WBA also named Danielle Gray
DEERFIELD, Ill. — Walgreens announced on Wednesday it has administered more than 29 million COVID-19 vaccinations across the U.S., as demand has increased more than 30% in some key areas and testing has more than doubled. It also now requires all U.S. team members to wear face coverings, and everyone at support offices to be
