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Sycamore Takes Walgreens Private, Plans VillageMD Divestment

Sycamore Takes Walgreens Private, Plans VillageMD Divestment

by Mike Duff | Mar 10, 2025 | Retail Articles

Private equity firm Sycamore partners has acquired Walgreens Boots Alliance in a transaction estimated to total $23.7 billion. Walgreens shareholders will receive $11.45 per share in cash at the deal’s closing and one non-transferable right to receive up to $3 in cash...
Walgreens Plots 1,200 Store Closures in Retail Optimization Plan

Walgreens Plots 1,200 Store Closures in Retail Optimization Plan

by Mike Duff | Oct 15, 2024 | Retail Articles

Walgreens Boots Alliance revealed it plans to close 1,200 underperforming stores as it reported fourth-quarter earnings declines in its overall and U.S. retail operations while sales gained in both segments. Walgreens’ adjusted earnings per share and sales did...
Walgreens Plots 1,200 Store Closures in Retail Optimization Plan

Store Closures Loom As Walgreens Q3 Earnings Come Up Short

by Mike Duff | Jun 27, 2024 | Retail Articles

Walgreens Boots Alliance, which fell short of a third-quarter earnings estimate despite better-than-expected revenues, reported it is reconfiguring its retail pharmacy operations in a plan that includes closing underperforming stores. Company net earnings were $344...
Walgreens Plots 1,200 Store Closures in Retail Optimization Plan

Walgreens Q2 Beats Wall Street but Retail Comps Lag

by Mike Duff | Mar 28, 2024 | Retail Articles

Walgreens Boots Alliance beat second-quarter Wall Street sales and earnings despite a decline in retail comps. Company net loss was $5.91 billion, or $6.85 per diluted share, versus net earnings of $703 million, or 81 cents per diluted share, in the year-earlier...
Walgreens Plots 1,200 Store Closures in Retail Optimization Plan

Walgreens Beats Q1 Street Estimate but Retail Comps Decline

by Mike Duff | Jan 4, 2024 | Retail Articles

With last year’s opioid settlement behind it, Walgreens Boots Alliance posted first-quarter results exceeding Wall Street estimates despite an adjusted earnings decline and negative comps in the retail operation. Company net loss was $67 million, or eight cents...
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