by Chandler Harvey | Oct 31, 2022 | Featured News, Retail Articles
The chain drug business is in flux, trying to evolve rapidly based on a community healthcare model that has impacted the channel’s approach to general merchandise including housewares and home furnishing business in a way that is still unsettled. Personal care...
by Mike Duff | Oct 14, 2022 | Retail Articles
In the latest fiscal year, Walgreens Boots Alliance continued on its path of transformation into a healthcare company, one that still operates a lot of drug stores, with a fourth quarter that beat analyst forecasts. Company net loss from continuing operations in the...
by Mike Duff | Sep 30, 2022 | Retail Articles
The second quarter saw Rite Aid losses increase and sales come up short of last year’s period, although a bit ahead of Wall Street projections. For the quarter, the company reported a net loss of $331.3 million, or $6.07 per diluted share, versus a net loss of $100.3...
by Mike Duff | Sep 1, 2021 | Retail Articles
As the company moves further into wellness products and services, Walgreens is increasing the starting hourly wage for all employees to $15 an hour, an initiative that will take effect in phases beginning in October of this year and concluding November 1, 2022. Since...
