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June 23, 2025

walgreens

Article

Walgreens to close 1,200 US stores

October 18, 2024 The Associated Press

Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turn around a struggling U.S. business that contributed to a $3 billion quarterly loss. The company said Tuesday […]

Article

Amid challenges, major drugstores consider new designs, sizes

August 11, 2024 The Associated Press

Customers may see Walgreens stores one-fourth the size of a regular location or CVS drugstores with entire primary clinics stuffed inside. If these experiments succeed, analysts say the new stores might improve access to care […]

Article

CVS, Walgreens finalize $10B in settlements over opioids 

December 16, 2022 The Associated Press

WASHINGTON, D.C.  CVS and Walgreens have agreed to pay state and local governments a combined total of more than $10 billion to settle lawsuits over the toll of opioids and now want to know by […]

Article

Walgreens push into comprehensive care picks up momentum

November 10, 2022 The Associated Press

Walgreens extended its push into more comprehensive health care with its VillageMD unit acquiring another urgent and primary care chain, Summit Health-CityMD, in a deal worth close to $9 billion. Walgreens and rival CVS, two […]

Article

Walgreens taps former Rite Aid CEO as president of US unit

August 31, 2020 Tom Murphy, Associated Press

Walgreens has added the former leader of a rival it once tried to buy, as the drugstore chain works through a COVID sales slump, a major push into primary care and a looming CEO departure. […]

Article

Walgreens CEO Pessina to step down, become executive chair

July 27, 2020 The Associated Press

Walgreens’ Stefano Pessina will step down as CEO and become executive chairman once the drugstore chain finds a replacement for him. The current executive chairman, former McDonald’s CEO Jim Skinner, will remain on the board […]

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