November 6, 2017 by Chain Drug Review
George Fairweather, Rite Aid, Stefano Pessina, Walgreens, Walgreens Boots Alliance, Walgreens-Rite Aid merger
2017, Issue 11-06-2017, Issues, News
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) is developing the picture of its future store base after turning the page on a nearly two-year process triggered by its proposed merger with Rite Aid Corp. Beginning next spring, WBA plans to shut 600 stores under an 18-month program to rationalize its U.S. drug store network
November 3, 2017 by Bill Schiffner
#MIXLAYERHACK, CYO Cosmetics, Generation Z shoppers, Mina Kim, slideshow, Walgreens, Walgreens Boots Alliance
Leading Headlines, Retail News, Slideshows
NEW YORK — Walgreens Boots Alliance (WBA) held a launch party for its new CYO Cosmetics makeup line targeted at Generation Z shoppers. The event featured makeup stations where beauty influencers were invited to a get makeover from leading makeup artists. CYO Cosmetics made its debut in select Walgreens stores and on Walgreens.com in late
November 1, 2017 by Chain Drug Review
Alex Gourlay, Richard Ashworth, Walgreens, Walgreens Boots Alliance
Business, Featured Articles, Leading Headlines, Pharmacy, Retail News
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has promoted Richard Ashworth to president of operations at Walgreens, a newly created position. WBA said Wednesday that Ashworth assumes the new role effective immediately. With the move, he adds responsibilities in the health care commercial, IT and supply chain areas at Walgreens in addition to the duties
November 1, 2017 by Chain Drug Review
BCM, Fareva, Walgreens Boots Alliance
Business, Leading Headlines, Retail News
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has launched its global partnership with Fareva for the manufacture and supply of own beauty brands and private-label products. As part of the 10-year agreement, announced in late July, Fareva has acquired BCM, WBA’s contract manufacturing business, which operates factories in the United Kingdom, France and Germany. WBA
October 26, 2017 by Chain Drug Review
Commission on Combating Drug Addiction and the Opioid Epidemic, CVS Health, Healthcare Distribution Alliance, John Gray, John Hammergren, Larry Merlo, McKesson, Melania Trump, opioid abuse crisis, opioid abuse epidemic, President Donald Trump, President's Commission on Combating Drug Addiction and the Opioid Crisis, Stefano Pessina, video, Walgreens Boots Alliance
Leading Headlines, Pharmacy, Retail News, Videos
WASHINGTON — Following through on pledge made this summer, President Donald Trump has formally declared the nation’s growing opioid abuse epidemic as a public health emergency. In a press conference at the White House on Thursday, the president and First Lady Melania Trump announced the action, which has drawn plaudits from public officials and pharmacy
October 25, 2017 by Chain Drug Review
George Fairweather, Rite Aid, Rite Aid asset sale, Stefano Pessina, Walgreens Boots Alliance, Walgreens-Rite Aid merger, WBA
Business, Featured Articles, Leading Headlines, Retail News
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) plans to close 600 stores starting next year as it rationalizes its U.S. drug store base following the $4.375 billion purchase of 1,932 Rite Aid stores. In reporting its fiscal 2017 fourth-quarter and annual results on Wednesday, WBA said it expects to finalize the Rite Aid store acquisition
October 23, 2017 by Geoff Walden and Chain Drug Review
Boots Retail USA, Lyle Tick, Walgreens, Walgreens Boots Alliance, YourGoodSkin
2017, Issue 10-23-2017, Issues, News
DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) is launching YourGoodSkin, scientifically developed products to help prevent skin problems before they occur. The line will be available at selected Walgreens stores and on Walgreens.com in the U.S. and at Boots stores and on boots.com in the U.K. and Ireland. Cocreated with scientists, dermatologists and a community
October 9, 2017 by Chain Drug Review
John Standley, Ken Martindale, Kermit Crawford, Rite Aid Walgreens, Walgreens Boots Alliance
2017, Issue 10-09-2017, Issues, News
CAMP HILL, Pa. — Rite Aid Corp. has landed a high-profile industry executive to help steer it through a transition phase into a much smaller company. Last week, former Walgreen Co. pharmacy chief Kermit Crawford joined Rite Aid as president and chief operating officer. Most recently at Walgreens, Crawford was a corporate executive vice president
October 9, 2017 by Chain Drug Review
Brian Tanquilut, Jeffries, Rite Aid, Scott Mushkin, Walgreens Boots Alliance, Walgreens-Rite Aid merger, Wolfe Research
2017, Issue 10-09-2017, Issues, News
NEW YORK — Wall Street analysts say the fog around Walgreens Boots Alliance Inc. and Rite Aid Corp. is set to clear after a nearly two-year process that culminated in an unsuccessful merger and a deal to sell over 40% of Rite Aid’s stores to WBA. The Federal Trade Commission late last month approved a
October 4, 2017 by Chain Drug Review
Boots Retail USA, Kristof Neirynck, Lyle Tick, Mike Bell, Walgreens Boots Alliance, YourGoodSkin, YourGoodSkin Balancing Skin Concentrate
Retail News
NEW YORK — Walgreens Boots Alliance has begun rolling out YourGoodSkin, a skin care line it helped develop, to select Walgreens and on Walgreens.com. WBA said Wednesday that YourGoodSkin — co-created with scientists, dermatologists and a community of thousands of women — is formulated to help prevent skin problems before they occur. Headlining the 23-item
October 2, 2017 by Jeffrey Woldt and Chain Drug Review
John Standley Jeffrey Woldt, Ken Martindale, Kermit Crawford, Rite Aid, Walgreens, Walgreens Boots Alliance
Issue 10-09-2017, Leading Headlines, Opinion
September was an eventful month for Rite Aid Corp. In the wake of belated action by the Federal Trade Commission, the company moved quickly to dispel doubts about its future direction and begin the challenging task of operating more profitably from a smaller store base. Rite Aid had been under a cloud of uncertainty for
September 28, 2017 by Chain Drug Review
John Standley, Kermit Crawford, Rite Aid, Walgreens, Walgreens Boots Alliance, Walgreens-Rite Aid merger
Business, Featured Articles, Leading Headlines, Retail News
CAMP HILL, Pa. — Rite Aid Corp. reported declined sales and adjusted earnings per share in line with Wall Street’s forecast for its fiscal 2018 second quarter. Rite Aid said Thursday that for the second quarter ended Sept. 2, revenue totaled $7.68 billion, down 4.4% from $8.03 billion a year earlier. Sales in retail pharmacy
September 25, 2017 by Bill Schiffner
John Standley, Rite Aid, Stefano Pessina, Walgreens Boots Alliance, Walgreens-Rite Aid merger
2017, Issue 09-25-2017, Issues, News
DEERFIELD, Ill. — Winding down a nearly two-year process, Walgreens Boots Alliance Inc. (WBA) has gained Federal Trade Commission approval to buy 1,932 stores, three distribution centers and inventory from Rite Aid Corp. for $4.375 billion in cash. The transaction also includes the WBA’s assumption of related real estate leases and an option for Rite
September 20, 2017 by Chain Drug Review
Brian Tanquilut, Rite Aid, Scott Mushkin, Walgreens, Walgreens Boots Alliance, Walgreens-Rite Aid merger, Wolfe Research, Zacks Investment Research
Business, Featured Articles, Leading Headlines, Retail News
NEW YORK — The impending closure of Walgreens Boots Alliance’s purchase of nearly 2,000 Rite Aid stores will clear the fog around both companies since their terminated merger deal and enable them to move ahead, Wall Street analysts say. WBA and Rite Aid yesterday announced that the Federal Trade Commission approved a downsized agreement in