The Latest Breaking News from James Kehoe

US retail group retracts claim that half of $94.5bn inventory loss was from theft

National Retail Federation says data was flawed and based on congressional testimony from president of an advocacy group

The Guardian - US · Dec 7, 2023

Walgreens’ new interim CEO Ginger Graham isn’t the only temporary member of the pharmacy giant’s C-suite

Graham, a longtime board member, is running the company alongside an interim CFO.

Fortune · Sep 1, 2023

Citing ‘emerging challenges,’ Walgreens to shutter 150 stores across the U.S.

Walgreens reported net income of $118 million, about 59% below the previous year. It will also close 300 stores in the United Kingdom. This year the firm said it would cut 10% of its corporate workforce, mostly in Deerfield and Chicago.

Chicago Sun-Times · Jul 3, 2023