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Walgreens Boots Alliance Inc.

WBA agrees to global supply deal with Fareva

WBA agrees to global supply deal with Fareva

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) announced on Tuesday a binding offer from Fareva for a 10-year global agreement for the manufacture and supply of own brand beauty products and private label items, including products for sale in the United States. The proposed agreement will create a partnership to provide WBA with a

WBA releases social responsibility report

WBA releases social responsibility report

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) today released its annual Corporate Social Responsibility (CSR) report for fiscal 2016, highlighting the company’s ongoing support for people in its communities and workplaces, and overall progress toward its environmental and social goals. WBA strives to be a global leader in caring for communities and the environment,

Fred’s agrees to buy 865 Rite Aid stores

Fred’s agrees to buy 865 Rite Aid stores

NEW YORK — Walgreens Boots Alliance Inc. (WBA) and Rite Aid Corp. have entered into an agreement to sell 865 Rite Aid stores and certain assets related to store operations to Fred’s Inc. for $950 million. The all-cash transaction, announced Tuesday, is subject to Federal Trade Commission approval, as well as the completion of the

WBA names Gourlay, Barra co-COOs

WBA names Gourlay, Barra co-COOs

DEERFIELD, Ill. — Top Walgreens Boots Alliance (WBA) executives Alex Gourlay and Ornella Barra have been appointed as co-chief operating officers as part of a realignment of the company’s senior management team. WBA said Thursday that the naming of Gourlay and Barra as co-COOs will help streamline the management of its global operations, which have

Walgreens Boots Alliance financials a difficult read

Walgreens Boots Alliance financials a difficult read

Walgreens Boots Alliance (WBA) gave its first quarterly report (fiscal 2015 second quarter) since the closing of the Walgreens-Alliance Boots merger on Dec. 31. With all of this huge company’s moving parts, few would argue that the financials were tough to decipher. News headlines seized on WBA’s plan to close about 200 U.S. stores under

Walgreens names activist investor to its board

DEERFIELD, Ill. — Walgreen Co. has named activist investor Barry Rosenstein, founder and managing partner of hedge fund JANA Partners LLC, to its board of directors. Walgreens said Monday that it also plans to name a second new director to its board as the company moves forward to complete its merger with Alliance Boots GmbH. Early

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