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Walgreens Boots Alliance (WBA)

Pessina, as usual, is several moves ahead

Pessina, as usual, is several moves ahead

Stefano Pessina’s decision to step down as Walgreens Boots Alliance’s chief executive officer has triggered speculation in the retail pharmacy and drug wholesaling sectors about the change, its timing and what it might portend for the company. Those who have followed WBA since its formation and, prior to that, Alliance Boots, which Pessina merged with

WBA results hit hard by precipitous drop in Boots traffic

WBA results hit hard by precipitous drop in Boots traffic

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) said its financial results for the fiscal 2020 third quarter, which ended May 31, were significantly impacted by the COVID-19 pandemic. “Prior to the pandemic our financial performance for fiscal 2020 was on track with our expectations. However, this unprecedented global crisis led to a loss in the

Barra and WBA adapt to new realities

Barra and WBA adapt to new realities

One characteristic Ornella Barra has evinced throughout her career in community pharmacy and drug wholesaling is the ability to adapt to changing conditions. That talent has served Walgreens Boots Alliance’s co-chief operating officer well in recent months: Both before and after the emergence of COVID-19, she has been a catalyst for innovation. A good example

WBA and McKesson to create German wholesale joint venture

WBA and McKesson to create German wholesale joint venture

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) and McKesson Corp. on Thursday signed an agreement to create a joint venture that will combine their respective pharmaceutical wholesale businesses in Germany with Alliance Healthcare Deutschland and GEHE Pharma Handel. WBA will have a 70% controlling equity interest in the joint venture, and McKesson will have a

Walgreens Boots Alliance appoints global CIO

Walgreens Boots Alliance appoints global CIO

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) announced Friday that Francesco Tinto was named global chief information officer (CIO) and senior vice president at the company. Tinto will oversee the global strategy for WBA’s IT operations across all of the company’s divisions, as well as the implementation of its technology and digital innovation. His role

Walgreens honored on Fortune magazine’s 2019 Change the World list

Walgreens honored on Fortune magazine’s 2019 Change the World list

DEERFIELD, Ill. — Walgreens has made Fortune magazine’s 2019 Change the World list, taking the #13 spot on this annual list, which highlights companies that leverage their businesses to drive profit and to create societal good. The company is honored for its Balance Rewards for healthy choices (BRhc) digital wellness program, which currently has more than

WBA unveils 2018 Corporate Social Responsibility Report

WBA unveils 2018 Corporate Social Responsibility Report

NOTTINGHAM, U.K.  – Walgreens Boots Alliance (WBA) Tuesday published its  2018 Corporate Social Responsibility (CSR) Report, which showcases the company’s global sustainability initiatives to prevent opioid abuse, support cancer patients and their families and address malnutrition and other health issues in communities around the world. WBA’s CSR strategy is largely focused on health care initiatives,

WBA announces agreement with Securities and Exchange Commission

WBA announces agreement with Securities and Exchange Commission

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) announced today that the company has reached an agreement with the Securities and Exchange Commission (SEC) to fully resolve an investigation into forward-looking financial goals and related disclosures by Walgreen Co. (Walgreens). The disclosures at issue were made prior to the merger with Alliance Boots and the establishment