PP_1170x120_10-25-21

WBA

Walgreens begins strategic review of Boots business

Walgreens begins strategic review of Boots business

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) has begun a strategic review of its U.K.-based Boots business, according to a Reuters report, which cites remarks made by WBA chief executive officer Rosalind Brewer Tuesday at the J.P Morgan Healthcare Conference.   “This review is very much in line with our renewed priorities and strategic direction,”

WBA’s first quarter results far surpass expectations

WBA’s first quarter results far surpass expectations

DEERFIELD, Ill. — Walgreens Boots Alliance far surpassed analysts’ expectations for first quarter profits, as adjusted earnings per share jumped 53.2% to $1.68. Wall Street’s consensus forecast for adjusted EPS was $1.33. With customers flocking to stores for COVID vaccines and tests, sales for the period ended November 30 climbed 7.8% from the year-ago quarter

WBA to participate in J.P. Morgan Healthcare Conference

WBA to participate in J.P. Morgan Healthcare Conference

DEERFIELD, Ill. – Walgreens Boots Alliance, Inc. (WBA) announced Tuesday that chief executive officer, Roz Brewer, and executive vice president and global chief financial officer, James Kehoe, will present at the 40th Annual J.P. Morgan Healthcare Conference, Tuesday, Jan. 11 at 2:15 p.m. Eastern time. The conference is a virtual event. The appearance will be

Walgreens might sell Boots to private equity

Walgreens might sell Boots to private equity

DEERFIELD, Ill. — According to various published reports in the U.K., Walgreens Boots Alliance may sell its Boots pharmacies to private equity firms. The Sunday Times in London said Walgreens “received an acquisition approach from Bain Capital more than two months ago” and “is positioning itself as a leader in an upcoming auction for boots

WBA finalizes deal with McKesson Corp.

WBA finalizes deal with McKesson Corp.

DEERFIELD, Ill.  — Walgreens Boots Alliance (WBA) and McKesson Corp. have reached an agreement on Tuesday for WBA to acquire the remaining 30% share of their GEHE Pharma Handel (GEHE) and Alliance Healthcare Deutschland (AHD) joint venture. Following this transaction, WBA will become the 100% owner of the combined GEHE and Alliance Healthcare businesses in

For Brewer, WBA’s next phase is personal

For Brewer, WBA’s next phase is personal

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

WBA expands mental health training program

WBA expands mental health training program

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA)  announced Thursday that it is expanding Mental Health First Aid training for more than 27,000 Walgreens pharmacists, while Boots is introducing new services aimed at helping to meet the growing need in communities across Europe and the UK. According to the Centers for Disease Control and Prevention (CDC),

WBA announces consumer-centric health care strategy

WBA announces consumer-centric health care strategy

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

WBA makes $5.2 billion investment in VillageMD

WBA makes $5.2 billion investment in VillageMD

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

WBA’s fourth quarter results beat expectations

WBA’s fourth quarter results beat expectations

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

WBA makes majority investment in Shields Health Solutions

WBA makes majority investment in Shields Health Solutions

DEERFIELD, Ill. — Walgreens Boots Alliance (WBA) and Shields Health Solutions announced  on Tuesday that WBA, through its wholly-owned subsidiary, Walgreen Co., is making a majority investment in Shields, an industry leader in integrated, health system-owned specialty pharmacy care. WBA’s investment signifies another step the company is taking to accelerate innovative healthcare models for future

WBA announces three key leadership appointments

WBA announces three key leadership appointments

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

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