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The Latest Breaking News from Walgreens

Kohl's Corp (NYSE:KSS) has called off discussions to sell its business to Franchise Group Inc (NASDAQ:FRG), CNBC reported. The decision comes at a time when there is increased volatility in the stock market and the economy as the Federal Reserve seeks to hike interest rates to contain inflation. Related: Multiple Bidders, Key Executives Departure, Mixed…

Benzinga

Buy-Rated Walgreens Could Be a Recession Winner

With analysts forecasting a recession later this year, investors should consider investing in almost recession-proof stocks. To that end, it could be wise to consider investing in drug store operator Walgreens Boots Alliance (WBA) as the demand for drugs remains stable irrespective of the economic conditions. With robust financials and…

StockNews.com

Walgreens Stock Slides After Q3 Profit Beat, $683 Million Florida Opioid Charge

"WBA delivered strong execution across operating segments and against very robust growth last year," said CEO Rosalind Brewer.

The Street

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RH, Walgreens And 3 Stocks To Watch Heading Into Thursday

Some of the stocks that may grab investor focus today are:

Benzinga

Walgreens to offer travel benefits for some workers seeking abortions

Walgreens will reimburse many of its workers for travel expenses if they have to venture more than 50 miles for an abortion, the company said Wednesday — a move that follows a U.S. Supreme Court decision last week ending federal protection for abortion.

Chicago Tribune

Amazon, Rite Aid cap purchase of emergency contraceptives

Amazon is limiting how many emergency contraceptives consumers can buy, joining other retailers who put in place similar caps following the Supreme Court decision overruling Roe v. Wade

The Independent UK

US pharmacies reportedly set purchase limit on emergency contraception pills

Walmart, CVS and Rite Aid – as well as Amazon – have all set caps on the number of morning-after pills people can purchase

The Guardian - US

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£5bn Boots sale abandoned as potential buyers struggle to raise funds

UK’s biggest chemist to stay with Walgreens Boots Alliance as market turmoil makes debt-funded takeovers difficult

The Guardian - UK

CVS Has a Plan for the Plan B "Morning After Pill"

After the Roe v. Wade reversal, some grocery stores are limiting the number of products one can purchase.

The Street

Walgreens Retains Boots Business Ownership Amid Market Instability

Walgreens Boots Alliance Inc (NASDAQ:WBA) has decided to retain its Boots and No7 Beauty Company businesses under its existing ownership. The decision marks the conclusion of the review that began in January. The discussions Walgreens had with potential buyers did not yield expected results as the recent market instability severely impacted the financial availability…

Benzinga

Walgreens abandons £5 billion Boots sale

Parent company blames global ‘market instability’ for change of heart

Evening Standard

Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots

"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.

The Street

US CVS pharmacies limit morning-after pill purchases to avoid shortage

New York (AFP) - The US drugstore chain CVS said on Monday that it had temporarily limited purchases of the morning-after pill to three boxes per transaction, in order to avoid a shortage following a recent US Supreme Court verdict that revoked the constitutional right to abortion.

AFP

Group aims to strip Fox News of ad revenue over ‘fueling next insurrection’

Check My Ads targeting news channel website at a time when its prominent hosts are downplaying January 6 insurrection

The Guardian - US

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The Independent UK

Publix supermarkets not offering COVID vaccine to young kids

The Publix supermarket chain isn't offering the COVID-19 vaccine to children younger than 5

The Independent UK

Walgreens teen worker allegedly killed by older colleague to be honored with scholarship

Riley Whitelaw, 17, was a straight-A Colorado Springs student. Her 28-year-old coworker has been charged in her killing

The Independent UK

Teen girl killed in Walgreens break room had reported coworker suspect’s ‘advances’ to managers a year earlier

The Walgreens manager who found the body of Riley Whitelaw, 17, told 911 dispatchers ‘there was blood everywhere’

Miami Herald

‘We are devastated.’ Doctors angry over DeSantis not ordering COVID vaccines for young kids

MIAMI — Dr. Lisa Gwynn can order a COVID-19 vaccine for a Florida 7-year-old, but she can’t for a immunocompromised toddler.

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Chicago Tribune

Walgreens to launch business that will connect customers with clinical trials

Some Walgreens customers might soon get a new kind of message from the company, asking if they’d like to participate in a clinical trial.

Benzinga

Walgreens Launches Clinical Trial Business

Walgreens Boots Alliance Inc (NASDAQ:WBA) has launched its clinical trial business to redefine the patient experience and increase access and retention in sponsor-led drug development research. Walgreens will combine the flexible clinical trial model with its vast data on patient insights, partner-enabled health and technology capabilities, and in-person and virtual care options. The…

The Denver Post

Teen Walgreens employee in Colorado reported coworker before she was found dead in breakroom

DENVER — A 28-year-old man is being held on investigation of first-degree murder in the death of a teenage girl at a Walgreens in Colorado Springs.

The Guardian - US

US reeling from tampon shortage as prices of menstrual products go up

CVS and Walgreens confirm some tampons out of stock as non-profits also seeing diminishing supplies

AFP

Tampon shortage latest sign of supply chain woes in US stores

New York (AFP) - Tampons are the latest product disappearing from store shelves in the United States, another illustration of supply chain problems that are complicating daily life, following the troubling shortage of baby formula.

AFP

Tampon shortage latest sign of supply chain issues in US stores

The Street

Amazon Says Drones Are Finally Ready to Fly

Here's where Amazon Prime members can receive their deliveries from a drone soon.

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