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The Latest Breaking News from Walgreens

This beloved retailer is moving (to a desperate new city)

The discount furniture chain finds promise in a currently broken city.

The Street

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

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DoorDash Partners With Staples for Back-to-School Delivery

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

Kiplinger

Here's what it's like at the most shoplifted Walgreens in the U.S.

The San Francisco drugstore has seen its fair share of theft -- with little help in sight.

The Street

But the world's biggest retailer can probably get away with it.

The Street

Walgreens Takes Extreme Step to Solve Shoplifting Problem

The drugstore chain has been battling a major problem, but shoppers are not going to like its drastic solution.

The Street

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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

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

After a Mixed Quarter, Check Micron's Chart for Critical Support

Micron stock is dipping after the chipmaker reported a mixed quarter. Here's the must-hold level the bulls need to see.

The Street

Walgreens Is Closing 150 Stores; Everyone Should Worry

The pharmacy chain is cutting costs as the economy weakens.

The Street

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.

Chicago Tribune

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The Street

When to Buy Walgreens Stock and Its Near-7% Dividend Yield

Walgreens stock trades at roughly 7 times management's new adjusted earnings outlook and has a 6.8% dividend yield. Here's what the chart says.

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.

Barchart

2 Giant Dividend Aristocrats With At-Risk Dividends

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

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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

Investors Business Daily

Nasdaq Sharpens Its Lead Amid Broad Advance, But Inflation News Looms; These Stocks Break Out

American Airlines also coasted past a proper entry point.

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.

Investors Business Daily

Dow Jones Rises After Key Economic Data; Walgreens Plunges On Earnings Miss

The Dow Jones Industrial Average rose Tuesday after key economic data. Walgreens dived after missing Wall Street's estimates.

The Street

Walgreens Stock Slides After Q3 Earnings Miss, Sharply Lower 2023 Profit Forecast

"Significantly lower demand for COVID-related services, a more cautious and value-driven consumer, and a recently weaker respiratory season created margin pressures in the quarter," said CEO Rosalind Brewer.

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