Walgreens

  1. Channel: Drug

California’s Pharmacies In Crisis

The Los Angeles Times reports that “California pharmacies make an estimated 5 million errors every year, according to the state’s Board of Pharmacy.” It is only an estimate, the Board of Pharmacy says, because “pharmacies are not required to report them.” According to the story, “Most of the mistakes that California officials have discovered, according […]
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  1. Channel: Grocery

SN Top 10: Kroger, Aldi, Sprouts top the week's headlines

    [[“value”:” In this week’s recap of the Top 10 most popular Supermarket News articles, Kroger, Albertsons may sell off stores to C&S Wholesale Grocers in anticipation of merger deal. Kroger and Albertsons could be close to selling an undisclosed number to C&S Wholesale Grocers, as a means towards cinching regulatory approval for the […]
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  1. Channel: Drug

CEO Departure Reflects Walgreens’ Shift In Priorities

Walgreens Boots Alliance announced on Friday that its CEO, Rosalind Brewer, has left the company in what was described as a “mutual decision.” According to the company, Ginger Graham, a member of its board of directors, has been named interim CEO as a search for a replacement to Brewer is conducted. The New York Times […]
2 min read
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  1. Channel: Drug

Walgreens CEO Rosalind Brewer Steps Down

Rosalind “Roz” Brewer has stepped down as CEO and member of the board at the Walgreens Boots Alliance Inc. (WBA) effective Aug. 31. The decision was a mutual one between Brewer and and WBA, according to a news release. The WBA board has appointed Ginger Graham, the current lead independent director of WBA, as the company’s […]
2 min read
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  1. Channel: Drug

Walgreens CEO Steps Down

Rosalind Brewer. Photo credit: Walgreens Boots Alliance Walgreens Boots Alliance CEO Rosalind Brewer has stepped down from her role, effective immediately. The company shared in a statement that Brewer and the Board of Directors “mutually agreed” on the decision, but did not provide further details. Although Brewer has technically spent less than three years at […]
2 min read
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  1. Channel: Drug

Walgreens CEO Steps Down

Rosalind Brewer. Photo credit: Walgreens Boots Alliance Walgreens Boots Alliance CEO Rosalind Brewer has stepped down from her role, effective immediately. The company shared in a statement that Brewer and the Board of Directors “mutually agreed” on the decision, but did not provide further details. Although Brewer has technically spent less than three years at […]
2 min read
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  1. Channel: Drug

Roz Brewer out as Walgreens CEO as company seeks chief with deep health-care experience

​Walgreens’ stock has struggled this year as the company cut its profit expectations and contended with a decline in Covid vaccine and test demand. KEY POINTS Retail veteran Roz Brewer is out as Walgreens CEO after more than two years in the job. Walgreens’ stock has struggled this year as demand for Covid vaccines has […]
4 min read
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  1. Shopper & Customer

Hallmark Launches Cards With Venmo Gifting Capabilities

Venmo users who regularly use the app to gift money can now do so with an accompanying physical Hallmark card, the two companies announced Wednesday. In a first-of-its-kind collaboration, the PayPal-owned digital payment platform Venmo and the greeting card company Hallmark are giving customers a new, unique way of giving gifts. Here’s how it works: […]
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  1. Channel: Drug

WSJ: Rite Aid Prepping for Bankruptcy That Could Limit Opioid Lawsuits’ Impact

Rite Aid is reportedly preparing for a Chapter 11 bankruptcy filing that could take place within weeks, according to the Wall Street Journal. Quoting people familiar with the situation, the Journal reported that the move would help address the numerous lawsuits related to the retailer’s alleged role in the sale of opioids. Rite Aid had […]
2 min read
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  1. Channel: Grocery

Southeastern Grocers Sells Rx Assets To CVS, Walgreens

The Tampa Bay Times reports that as a result of the sale of its retail banners – Winn-Dixie and Harveys – to Aldi, Southeastern Grocers (SEG) is selling its pharmacy business to CVS and Walgreen. According to the story, “Southeastern Grocers told its pharmacists that it will sell all of its Winn-Dixie and Harveys pharmacy […]
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  1. Channel: Drug

Walgreens adds vaccination and testing offerings

DEERFIELD, Ill. — Walgreens is offering in-store vouchers and off-site vaccination clinics through its employer vaccination program, and is rolling out a low-cost, 2-results-in-1 test for flu and COVID-19 this fall respiratory virus season. These new services support insights gleaned from a recent consumer survey commissioned by Walgreens that reveals many prefer going to local […]
2 min read
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  1. Trends & External Forces

WE panel addresses women’s health and wellness gap

SAN DIEGO — Despite the fact that women comprise 80% to 90% of customers in the retail marketplace, many of their health and wellness needs are unmet. That was a key point made during a panel discussion presented by WE at the National Association of Chain Drug Stores’ Total Store Expo. Now in its sixth […]
3 min read
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  1. Channel: Grocery

Your Views:  History Matters

Got the following email responding to my FaceTime video about the importance of understanding and communicating history from MNB reader Gary Harris: My, my, how very timely. I just turned 70 at the end of June, and that meant, for me at least, it was time to retire after 44 years with Wegmans. Interestingly enough, […]
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  1. Stores & Formats

Worth Reading:  “Grocery stores used to be my happy place”

The Los Angeles Times has an opinion piece by Stacy Torres, assistant professor of sociology in the Department of Social and Behavioral Sciences at UC San Francisco, in which she decries the decline of the supermarket experience. An excerpt: “Some people seek a bar or nature hike when they feel low. I go to the […]
2 min read
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  1. Channel: Drug

Walgreens to acquire Brookshire Pharmacies

TYLER, Texas — Walgreens will acquire Brookshire Grocery Co.’s (BGC’s) 120 pharmacies in Texas, Louisiana and Arkansas, the companies said last month. The deal includes pharmacy customer prescription files and related pharmacy inventory. Most of the locations are being converted to Walgreens pharmacies that will operate inside BGC’s stores. “We are excited to take this […]
2 min read
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  1. Trends & External Forces

CVS Cuts 5,000 Corporate Jobs in Shift to Healthcare

CVS is reportedly cutting around 5,000 jobs amid its new focus on healthcare, reports PYMNTS. The cuts are primarily centered around corporate-level positions and aren’t expected to involve jobs at the company’s stores, pharmacies or clinics. News of the layoffs comes six months after CVS announced it was acquiring primary care provider Oak Street Health for $10.6 billion. In recent […]
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  1. Channel: Drug

Walgreens: Driving ‘Innovative Convenience,’ Localized Healthcare & Elevated Assortments

In this exclusive Q&A, ECRM/RangeMe SVP of Retail Wayne Bennett speaks with Walgreens GVP & General Merchandise Manager Robert Tompkins about how the retailer is driving “innovative convenience,” reimagining local healthcare and delivering elevated assortments that focus on the unmet needs of consumers. Tompkins also discusses how ECRM and RangeMe play a role in boosting […]
5 min read
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  1. Corporate Strategy

WBA announces CFO transition

DEERFIELD, Ill. – Walgreens Boots Alliance (WBA) has announced the departure of James Kehoe, executive vice president and global chief financial officer. Kehoe will leave WBA in mid-August to pursue an opportunity in the technology sector. Manmohan Mahajan, senior vice president, global controller, has been named interim global chief financial officer while the company conducts […]
2 min read
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  1. Channel: Drug

Walgreens welcomes new health care executive

Monica Reed DEERFIELD, Ill. —  Walgreens has added a new leader at Walgreens Health. Monica Reed has joined the company as vice president, Walgreens Health Centers Strategy and Operations. She will be responsible for leading Walgreens Health Corners, which are dedicated in-store spaces where licensed clinicians can provide health services ranging from preventive care and […]
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  1. Trends & External Forces

GNC Launches Supplemental Healthcare Service to Loyal Customers

GNC, the 87-year-old vitamin and dietary supplement company, announced Tuesday it would be offering its loyalty customers a free supplemental healthcare service. GNC Health is now available exclusively to GNC PRO Access members. A membership to this loyalty program costs $39.99 a year, and the healthcare service includes telehealth appointments for urgent and personal health needs […]
2 min read
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  1. Channel: Drug

Video Forum: Walgreens Retail Media

Walgreens is staking a large claim in the burgeoning retail media business. In this week’s Video Forum, Robert Tompkins, the drug chain’s group vice president and general merchandise manager for health and wellness, and Katie Vogt, senior director of client success at Walgreens Advertising Group, exchange insights about retail media’s growing impact on the self-care […]
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  1. Channel: Drug

Walgreens reveals unprecedented deals for myW Days

DEERFIELD, Ill. — Walgreens first-ever myW Days member event is coming July 23 through July 29 and myWalgreens members can earn unprecedented bonus offers, personalized deals and Walgreens Cash rewards across the entire store. As a thank you to its myWalgreens members for their loyalty, Walgreens will offer the highest Walgreens Cash rewards earnings opportunities to date. […]
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  1. Channel: Drug

Brookshire Sells Pharmacy Business to Walgreens 

Tyler, Texas-based Brookshire Grocery Co. yesterday announced an agreement for Walgreens to acquire its 120 pharmacies in Texas, Louisiana and Arkansas, “which includes pharmacy customer prescription files and related pharmacy inventory. The vast majority of these locations are being converted to Walgreens pharmacies that will operate inside of BGC’s stores.” According to the announcement, “Eligible […]
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  1. Channel: Grocery
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Hy-Vee launches RedMedia omnichannel retail media network

Hy-Vee launched the full-scale version of its retail media network, called Hy-Vee RedMedia, at the Groceryshop 2023 conference this week in Las Vegas. The West Des Moines, Iowa-based retailer described the platform as a disruptor in the retail media landscape that will connect brands directly with Hy-Vee’s customer base across multiple platforms, including both online […]
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  1. Channel: Delivery
  2. Channel: Ecommerce & Digital
  3. Channel: Grocery
  4. Channel: Grocery - Natural
  5. Department: Food
  6. Acquisitions, Divestitures & Mergers
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Instacart stock languishes after IPO

Instacart saw its share price erode in the two days following its initial public offering, after it rose 12.7% in its first day of trading on the NASDAQ exchange. The stock settled down to just slightly over its IPO price of $30 per share on Wednesday, its first full day on the exchange, then ranged […]
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  1. Retailer Media

Retail Media Metrics

#30DaysofRetailMedia | Day 21: Retail Media Metrics Metrics help brand advertisers measure retail media effectiveness. Key performance indicators (KPIs) span the full marketing funnel, as consumers can enter anywhere. Brand advertisers: 🎯 Choose KPIs according to their objectives📊 Measure baseline results for meaningful comparisons🌟 Review their metrics for data insights to optimize their processes and […]
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  1. Holiday & Events
  2. Trends & External Forces
  3. Holiday & Events

The big chill: Holiday retail sales 2023 expected to slow

Experts predict slow growth in 2023 holiday sales as consumers tighten their belts in a tough economy, but e-commerce will remain a bright spot. Stores are filling with displays of holiday decorations and holiday-themed merchandise as retailers eagerly prepare for the annual shopping surge, but consumers may not be as excited. Forecasts for 2023 holiday […]
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