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WBA

WBA expands partnership with Microsoft and Adobe

WBA expands partnership with Microsoft and Adobe

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) announced on Tuesday an expansion of its strategic partnership with Microsoft and Adobe to launch a world-class digital experience and customer insights platform to deliver personalized health care and shopping offerings. It will provide Walgreens and Boots customers with products and services from its global pharmacy and retail

Retailers respond: Walgreens Boots Alliance

Retailers respond: Walgreens Boots Alliance

Editor’s note: This is part of a series of articles on how retailers are responding to the COVID-19 crisis. I have worked in pharmacies for more than 40 years, and I’m a pharmacist myself. I’ve never known a situation like what we’ve experienced over recent weeks with the COVID-19 ­crisis. None of us has. This

WBA’s Q2 sales and earnings top projections

WBA’s Q2 sales and earnings top projections

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. posted better than expected second quarter sales and earnings Thursday. The company’s adjusted earnings per share of $1.52 topped Wall Street’s forecast of  $1.46. Sales of $35.82 billion beat the projection of $35.27 billion. The quarter ended February 29, before the number of COVID-19 cases in the U.S. swelled

WBA expands technology partnership

WBA expands technology partnership

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) and Tata Consultancy Services (TCS) have expanded their partnership with the launch of a new operating model for WBA’s IT run and operational services. The new model will enable WBA to accelerate its digitalization program to advance innovation for customers, drive organizational efficiencies  and further reduce its cost

WBA honored as top innovator

WBA honored as top innovator

DEERFIELD, Ill. — During its 119-year history, a spirit of innovation has always been a part of Walgreens’ DNA — from the introduction of child-resistant prescription containers to the first drive-through pharmacy. Since the retailer merged with Alliance Boots in 2014, the evaluation and deployment of new ideas has accelerated even further, and the combined

WBA Q1 results miss projections

WBA Q1 results miss projections

DEERFIELD, Ill. — Walgreens Boots Alliance’s first quarter results fell short of Wall Street’s forecast. Adjusted earnings per share for the period ended November 30 were $1.37, while analysts had projected $1.41. Adjusted net earnings slid 11.8% to $1.2 billion, down 11.6% on a constant currency basis, from the year-ago period. Revenue also missed expectations,

WBA names Dixon global controller

WBA names Dixon global controller

DEERFIELD, Ill. — Heather Dixon has been named senior vice president, global controller and chief accounting officer by Walgreens Boots Alliance Inc, effective March 18. Dixon will join WBA from Aetna Inc., where she had been vice president, controller and chief accounting officer since 2017, and prior to that, assistant controller. Before that, she served

WBA joins Microsoft in health care partnership

WBA joins Microsoft in health care partnership

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) and Microsoft Corp. have teamed up to develop new health care delivery models, technology and retail innovations to advance and improve the future of health care. The companies will combine the power of Microsoft Azure, Microsoft’s cloud and artificial intelligence platform, health care investments, and new retail solutions

WBA reaping rewards of partnerships

WBA reaping rewards of partnerships

SAN FRANCISCO — During a fireside chat at the annual J.P. Morgan Healthcare Conference here earlier this month, Walgreens Boots Alliance (WBA) co-chief operating officer Alex Gourlay spoke to the number of partnerships the company has brought to the marketplace as well as the future of health care. WBA has always viewed vertical integration positively,

WBA tabs three global executives

WBA tabs three global executives

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) recently announced three global leadership appointments. Vineet Mehra will be joining WBA as global chief marketing officer. He will be based at corporate headquarters here and will report to WBA co-chief operating officers Ornella Barra and Alex Gourlay. As global CMO, Mehra will be responsible for the visioning,

WBA names global executives

WBA names global executives

DEERFIELD, Ill. — Walgreens Boots Alliance Inc. has announced three global leadership appointments. Vineet Mehra will be joining WBA as global chief marketing officer.  He will be based at corporate headquarters in Deerfield and report to WBA co-chief operating officers Ornella Barra and Alex Gourlay. As global CMO, Mehra will be responsible for the visioning, leadership, strategic

WBA is listed on the Dow

WBA is listed on the Dow

NEW YORK — Walgreens Boots Alliance (WBA) late last month took its place alongside Boeing, Merck & Co., Walmart and other large, publicly traded U.S. companies that comprise the Dow Jones industrial average, the stock index that tracks daily trading in 30 of the world’s best-known blue chips. General Electric Co. was dropped to make

Pessina on road ahead for WBA

Pessina on road ahead for WBA

NEW YORK — Walgreens Boots Alliance executive vice chairman and chief executive officer Stefano Pessina urged analysts not to think they can see the future of Walgreens simply by visiting the company’s new pilot stores in Gainesville, Fla. “Let’s be clear,” Pessina said during a sell-side analyst event in New York last month. “Gainesville today

Rite Aid finishes store transfers to WBA

CAMP HILL, Pa. — Rite Aid Corp. has completed the transfer of 1,932 stores purchased by Walgreens Boots Alliance Inc. The transfer of three distribution centers and related inventory is expected to begin after September 1. The majority of the closing conditions of WBA’s $4.375 billion acquisition of the stores and warehouses have been satisfied,

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