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The Latest Breaking News from Walgreens

Walgreens CEO resignation leaves S&P 500 with no Black women CEOs

Before Rosalind Brewer joined Walgreens as its CEO, the last Black woman to command an S&P 500 company was Ursula Burns, who left Xerox in 2016.

Chicago Sun-Times

What’s behind Walgreens CEO Roz Brewer’s abrupt resignation?

The most powerful Black woman in the Fortune 500 steps down as Walgreens CEO.

Fortune

Labor day 2023: What stores are open and what times during the US federal holiday?

Here is a list of your favourite stores and their opening times on the federal holiday

The Independent UK

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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

Rosalind Brewer out as Walgreens CEO

Her departure after less than three years comes after a tumultuous time that included COVID-19 disruptions and corporate layoffs.

Chicago Sun-Times

How employees feel about their jobs can make or break a company’s A.I. transformation

Employers must turn their attention to the human impact of the A.I. revolution

Fortune

COVID vaccine program for uninsured could be late to pharmacies - Roll Call

Uninsured can get their COVID-19 shots at community and state health departments, but a partnership with pharmacies is still in the works.

Roll Call

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Data from pharmacy chain suggests Covid cases in California have nearly doubled since June

Surge reflects national rise in numbers as CDC is set to recommend annual Covid shot

The Independent UK

Life WIth A 2022 Zero SR/F Premium: Canyon Carving In Illinois

Living with a 2022 Zero SR/F Premium electric motorcycle can be quite fun once you know what to expect, learn about ride modes, and have a charging plan.

RideApart

Can classical music deter panhandlers? Walgreens blares Bach outside Chicago stores

The pharmacy chain has been playing orchestra music outside of certain Chicago stores, joining other major retailers who have been doing so in other states.

Chicago Sun-Times

DoorDash Partners With Staples for Back-to-School Delivery

Nearly 1,000 Staples stores are available on the delivery platform’s marketplace.

Kiplinger

Retailers seek to shake up clinical trials business

Big retailers see a growth opportunity tapping their huge customer bases to recruit participants into clinical trials.

Axios

Walgreens closing Edwardsville distribution center

The layoffs come six weeks after the drugstore chain said it would trim 504 corporate positions in Chicago and Deerfield.

Chicago Sun-Times

Man shot, killed outside Brighton Park Walgreens

The man was shot in the 4700 block of South Western Avenue, police said. He was taken to Mount Sinai Hospital, where he later died. No one is in custody.

Chicago Sun-Times

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Chicago Sun-Times

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 Tribune

Chicago pharmacist convicted on charges of selling blank COVID vaccination cards on eBay

CHICAGO -- A Chicago pharmacist has been found guilty of federal charges alleging he stole hundreds of COVID-19 vaccination cards from the South Side Walgreens where he worked and sold them on eBay at the height of the pandemic.

Kiplinger

5 Special Situation Stocks for Growth & Income

Special situation stocks create event-driven opportunities for investors. Here are five that are worth a closer look.

GoodToKnow

Which Boots stores are closing down? Everything we know about the shops shutting in 2023

We share the full list of which Boots stores are closing, as the retailer announces it will be shutting 300 stores across the country over the next year.

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Barchart

2 Giant Dividend Aristocrats With At-Risk Dividends

These 2 dividend aristocrats might be at risk of a dividend cut.

The Guardian - UK

Boots to close 300 shops despite strong quarterly sales

Announcement will add to recent speculation that owner Walgreens is preparing to put firm up for sale again

The Independent UK

Struggling with a drug crisis, San Francisco wants Narcan available at every pharmacy

San Francisco could become the first city in the country to require every pharmacy within its boundaries to always carry naloxone, a drug that reverses overdoses caused by fentanyl and other opioids

Chicago Tribune

Walgreens aims to cut more costs amid weaker demand for COVID vaccines, uncertain economy

Walgreens Boots Alliance is raising its cost-savings goal by 17% to $4.1 billion after a disappointing quarter — a move that comes just weeks after it said it was eliminating 10% of its corporate workforce.

The National (Scotland)

Boots to close 300 UK stores over the next year in high street blow

Major beauty and medical retailer Boots is to close hundreds of stores and pharmacies across the UK in a shakeup of its high street operations.

The Independent UK

Clock ticking for West Virginia to select leadership for opioid money distribution

West Virginia is finalizing the leadership for a newly created foundation tasked with distributing the lion’s share of the more than $1 billion in opioid lawsuit-settlement money

Chicago Sun-Times

South Loop Walgreens transforms into ‘test’ store with digital displays, hidden products

The newly renovated location largely relies on digital kiosks that let shoppers order items while an employee pulls the merchandise from behind a counter.

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