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The Latest Breaking News from Tim Wentworth

Walgreens’ lost decade: How M&A mania and retail neglect shrunk a $100 billion giant to a $10 billion private equity gamble

As Walgreens exits Wall Street after 98 years, its new owners face a daunting turnaround. Will a renewed focus on its pharmacies and more financial discipline be enough?

Fortune

‘THIS for an elf pencil is crazy’: Walmart shopper orders eyebrow pencil for delivery. Then she sees the box it’s delivered in

Walmart is no stranger to generating buzz when it comes to their anti-theft devices, but did the company take it too far with this woman’s purchase? One TikToker placed an order with the retail giant, only to receive something unexpected–and inconvenient–in the mail.

The Mary Sue

Walmart Shoppers Stunned To Find Steaks Locked in Metal Cages Amid Theft Crackdown

A viral video showing steaks locked in metal cages at a Walmart has stunned shoppers and highlighted retailers' escalating measures to combat theft.

International Business Times UK

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Walgreens: Shoplifting a "combat battle"

The company is taking "creative" steps to address the issue, CEO Tim Wentworth says

Salon

What Were the 4 Worst-Performing Stocks in the S&P 500 in 2024?

As 2025 starts to unfold, let's take a look back at the four worst-performing stocks in the S&P 500 from last year.

Barchart

Walgreens Shares Struggle After Report It Is Looking To Sell

Walgreens Boots Alliance is in talks to sell itself to Sycamore Partners, a private-equity firm, in a strategic move of going private after years of declining stock performance.

International Business Times

Walgreens to close 1,200 stores

The drug store chain said 500 of the stores will shutter in the current fiscal year

Salon

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Walgreens To Close 1,200 Stores As Part Of Turn-Around Efforts

The first 500 stores are going to be shuttered in the next year.

International Business Times

Walgreens To Close 1,200 Locations Due To Financial Struggles

Walgreens to close 1,200 stores due to financial challenges and online competition. CVS also cutting jobs amidst industry pressures.

Top News

Boots closures: Which stores are shutting and how many are in London?

More than 300 Boots stores are shuttering as part of cost-saving efforts

Evening Standard

Walgreens will close a ‘significant’ number of failing stores across US

There are 8,500 Walgreens stores across the country, and around a quarter are failing

The Independent UK

Walgreens To Close Underperforming Stores Amid Financial Challenges, Reports Say

CEO Tim Wentworth discussed the decision in interviews with CNBC and the Wall Street Journal, attributing it to challenges like weaker consumer spending forecasts.

International Business Times

Walgreens to take a hard look at underperforming stores, could shutter hundreds more

Walgreens is finalizing a plan to fix its business that could result in the closure of hundreds of additional stores in the next three years

The Independent UK

Retailers howled about theft last year. Why not now?

Mentions of retail theft seem to be fading, their fever pitch cooling. What's changed? And how bad was the problem in the first place?

WEKU

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Kiplinger

Walgreens Slashes Dividend by Almost Half

Walgreens' dividend cut puts its membership in the elite Dividend Aristocrats in doubt.

Top News

Walgreens Bolsters Balance Sheet, Slashes Dividend to Fuel Growth

In a daring move to boost its pharmacy and healthcare businesses, Walgreens is slashing its dividend by almost 50%, aiming to strengthen its financial posi...

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