Walgreens

  1. Trends & External Forces
BENTONVILLE, Ark. – Dr. Cheryl Pegus, who led Walmart’s health and wellness business, has left the retailer to become a managing director of Morgan Health, a JP Morgan Chase unit investing in innovators in the sector. Cheryl Pegus   As executive vice president for health and wellness at Walmart, Pegus launched programs designed to raise […]
  1. Media & Marketing
Rory Smith, the chief soccer correspondent of The New York Times and author of the new book, Expected Goals: The Story of how Data Conquered Football and Changed the Game Forever, joins Scott to discuss the state of play in professional soccer and what to expect during the upcoming World Cup. Follow Rory on Twitter, @RorySmith. […]
  1. Channel: Drug
DEERFIELD, Ill. _ Veteran mass market retailing executive Cory Canady has been named head of merchandising operations and transformation at Walgreens. Cory Canady With more than 20 years of experience across merchandising, product innovation, transformation and general management, Canady has a proven record of developing customer-focused strategies, successfully launching new products, improving profitability and leading […]
  1. Channel: Mass
Walmart has reached a deal to pay $3.1 billion to settle opioid lawsuits brought by states and municipalities for its role in the nation’s opioid crisis. The retailer maintains that the settlement is not an admission of guilt. Walmart intends to pay the settlement almost immediately unlike CVS and Walgreens, which will spread payments out […]
  1. Channel: Drug
With investments from majority owner Walgreens Boots Alliance (WBA) and Cigna subsidiary Evernorth, VillageMD will acquire Summit Health-CityMD, a provider of primary, specialty and urgent care services. Following the $8.9 billion acquisition, which is expected to close in Q1 2023 subject to customary approvals, VillageMD and Summit Health will operate a total of 680 locations […]
  1. Channel: Drug
DEERFIELD, Ill. — Walgreens Boots Alliance Inc. (WBA) is strengthening its commitment to increasing the representation of people with disabilities at all levels across the company’s U.S. segments and redesigning its annual bonus plan in the U.S. to include a disability representation metric to drive this commitment. The company will be the first in the […]
  1. Channel: Drug
Walgreens Boots Alliance is reported to be close to making a $9 billion deal to merge its Village Practice Management business with Summit Health. Village Practice Management operates VillageMD clinics inside Walgreens’ stores and as standalone locations. Summit Health operates more than 370 doctor offices as well as CityMD urgent-care centers.
  1. Trends & External Forces
DEERFIELD, Ill –VillageMD announced Monday that it has entered a definitive agreement to acquire Summit Health-CityMD, a leading provider of primary, specialty and urgent care. The transaction is valued at approximately $8.9 billion with investments from Walgreens Boots Alliance, Inc. (WBA) and an affiliate of Evernorth, a subsidiary of Cigna Corp. Together, VillageMD and Summit […]
  1. Channel: Drug
DEERFIELD, Ill. — Walgreens has agreed in principle to financial amounts and payment terms as part of settlement frameworks to substantially resolve opioid-related litigation. Under these frameworks, the company expects to settle all opioid claims against it by participating states, subdivisions and tribes, for up to approximately $4.95 billion in remediation payments to be paid […]
  1. Channel: Drug
CVS and Walgreens have agreed to pay more than $10 billion to settle a group of lawsuits brought against them by governments and Native American tribes for failing to take actions to curb the spread of opioids in communities across the U.S. CVS will pay $4.9 billion to states and municipalities and $130 million to […]
  1. Channel: Drug
CVS and Walgreens have agreed to pay more than $10 billion to settle a group of lawsuits brought against them by governments and Native American tribes for failing to take actions to curb the spread of opioids in communities across the U.S. CVS will pay $4.9 billion to states and municipalities and $130 million to […]
  1. Channel: Drug
From Bloomberg this morning: “CVS Health Corp., Walgreens Boots Alliance Inc. and Walmart Inc. have tentatively agreed to pay more than $12 billion to resolve thousands of state and local government lawsuits accusing the chains of mishandling opioid painkillers, according to people familiar with the matter. “The proposed settlement — potentially one of the last […]
  1. Channel: Ecommerce & Digital
Abercrombie & Fitch and Walgreens are both continuing to enhance their last mile options with new initiatives — alternative pickup locations and guaranteed 30-minute pickup windows, respectively. Abercrombie’s new pickup locations will include select Walgreens stores, as well as FedEx and Office Depot locations, adding approximately 12,000 options nationwide. Abercrombie is aiming to meet the […]
  1. Channel: Drug
DEERFIELD, Ill.  —  Walgreens said it is eliminating all task-based metrics for retail pharmacy staff as part of team members’ performance reviews, further enabling the company’s pharmacists to practice at the top of their license while creating a differentiated work environment within its pharmacies nationwide. “We’re proud to take a strong position in the industry […]
  1. Trends & External Forces
DEERFIELD, Ill. — Answering the President’s call to action, Walgreens announced  Tuesday free prescription delivery of Paxlovid, a COVID-19 oral antiviral therapy, directly to the doorsteps of those in need, with the help of delivery partners DoorDash and Uber Health. The initiative, which will launch on Walgreens.com and the Walgreens app in the coming weeks, […]
  1. Channel: Drug
Eeek! Time for my Halloween roundup of wicked Drug Channels’ tales. This month’s tricks and treats: Eerie! Mark Cuban tells ghost stories about PBMs. Shocking! Walgreens terrifies Wall Street with its 340B losses. Vampiric! Sink your fangs into Amgen’s fantastic new report on the biosimilar boom Wicked! Physicians think payers cast evil utilization management spells. […]
  1. Shopper & Customer
Walgreen’s’ CFO told The Wall Street Journal that the pharmacy’s almost two-year focus on Covid-19 was at the expense of its established customer base. While selling hand sanitizer rubbing alcohol, masks and dispensing vaccinations, Walgreen’s lost relevance with its core customers’ other needs. Walgreens’ is clearly unhappy about this situation. Now that the urgency of […]
  1. Channel: Drug
DEERFIELD, Ill. — Walgreens has launched the 2022-2023 Walgreens Flu Index to help communities track flu activity in their area and to remind people to get protected with an annual flu shot. Returning for its ninth season, the Walgreens Flu Index shows that to date, overall flu activity is more than 10 times higher nationwide […]
  1. Agencies & Vendors
SAN FRANCISCO — Boots has partnered with RangeMe, the leading product discovery, sourcing and purchasing platform to expand the number of new and diverse suppliers it works with on a goods for resale basis both in-store and online. With over 200,000 suppliers already registered on the platform, Boots hopes that the RangeMe partnership will be […]
  1. Data & Insights
(Left to right): U.S. Commissioner of Food and Drugs, Dr. Robert Califf; Walgreens pharmacist Chuckwuma ‘Chuks’ Onwuka; U.S. Secretary of Health and Human Services Xavier Becerra; and U.S. Senator Elizabeth Warren (D-MA) visit a Walgreens pharmacy in Washington, D.C., on October 19, 2022, as hearing aids go over the counter for the first time. ARLINGTON, […]
  1. Channel: Drug
More comments from the MNB community about the proposed Kroger-Albertsons deal… One MNB reader wrote: One key learning after going through this process that I feel is evident to both Kroger and Albertsons management is the follow up to divestiture. Recall the Haggen’s debacle, where Albertsons sold some 88 stores to Haggen, (who failed miserably […]
  1. Partnerships & Alt Profit
Boots has partnered with RangeMe to help it source new, emerging and diverse brands for its stores. The retailer has been adding new brands to its portfolio and will leverage the partnership to add even more options for its customers. The partnership will grant Boots access to the more than 200,000 suppliers registered on the […]
  1. Partnerships & Alt Profit
Boots has partnered with RangeMe to help it source new, emerging and diverse brands for its stores. The retailer has been adding new brands to its portfolio and will leverage the partnership to add even more options for its customers. The partnership will grant Boots access to the more than 200,000 suppliers registered on the […]
  1. Trends & External Forces
PHILADELPHIA — High inflation and the fear that the only way to fix it is to start a recession are among the concerns facing mass retailers and consumer packaged goods manufacturers in the coming months, according to speakers at The Emerson Group’s recent Industry Day event here. But while the challenges are real, participants in […]
  1. Channel: Grocery
Not surprisingly, lots of email about the proposed Kroger-Albertsons merger… An MNB reader weighed in: The pending merger of Kroger and Albertsons has a defined strategy for a spinoff of 100 – 375 stores into what is known as a SpinCo.  SpinCo’s exist for at least two major reasons: 1) To appease the regulatory authorities […]
  1. Channel: Drug
Walgreens posted revenue of $32.45 billion versus the $32.09 expected by analysts. The drugstore and healthcare giant reported earnings of 80 cents a share, three cents better than Wall Street anticipated. The company is looking for better performance in the next fiscal year as its moves aggressively into primary care services.
  1. Trends & External Forces
DEERFIELD, Ill. _ Walgreens Boots Alliance topped analysts’ projections for fourth quarter revenue and earnings. WBA posted adjusted earnings per share of 80 cents for the period ended Aug. 31, exceeding Wall Street’s expectation of 77 cents. Revenue of $32.45 billion surpassed the predicted $32.09 billion. A fall off in COVID-19 vaccinations and a charge […]
  1. Trends & External Forces
EERFIELD, Ill. _ Walgreens Boots Alliance topped analysts’ projections for fourth-quarter revenue and earnings. WBA posted adjusted earnings per share of 80 cents for the period ended Aug. 31, exceeding Wall Street’s expectation of 77 cents. Revenue of $32.45 billion surpassed the predicted $32.09 billion. A fall off in COVID-19 vaccinations and a charge tied […]

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  1. Shopper & Customer
  2. Department: Consumer Durables
  3. Department: Nonfood
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  5. Corporate Finance
  6. ESG
  7. Partnerships & Alt Profit
  8. Media & Marketing
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  10. Agencies & Vendors
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By John Spiropoulos Media is filled with evolutionary step-change transitions which permanently alter the marketplace. Each evolutionary event, seen in terms of advertiser outlays – the media mix – is driven by incremental change during economic uncertainty. This is particularly true – and trackable – in modern times. Some of these events were covered in […]
  1. Media & Marketing
  2. Department: Consumer Durables
  3. Department: HBC
  4. Department: Nonfood
  5. Corporate Finance
  6. Partnerships & Alt Profit
  7. Media & Marketing
  8. Agencies & Vendors
  9. Data & Insights
  10. Technology & Innovation
  11. Holiday & Events
SMI Core data captures the actual spend data from the SMI Pool partners of major holding companies and large independent agencies, representing up to 95% of all US national brand ad spending, to provide a complete monthly view of the SMI Pool market size, investment share and category performance. Core Data delivers detailed ad intelligence across all media […]
  1. Trends & External Forces
  2. Channel: Grocery
  3. Department: HBC
  4. ESG
  5. Media & Marketing
  6. Trends & External Forces
  7. Associates & Employees
  8. Merchandising
CINCINNATI — The Kroger Health Center for Advanced Community Care, a joint project of Kroger Health and the University of Cincinnati James L. Winkle College of Pharmacy, recently celebrated its one-year anniversary. The Center employs pharmacists, technicians, nurse practitioners, and dietitians to provide an interprofessional model of care. It also provides practical experiences for students […]
  1. Channel: Dollar/Value
  2. Corporate Strategy
  3. Corporate Finance
  4. Corporate Purpose
  5. ESG
  6. Media & Marketing
  7. Shopper & Customer
  8. Associates & Employees
  9. Merchandising
  10. Operations & Supply Chain
  11. Stores & Formats
CHESAPEAKE, Va.— Dollar Tree executives said the retailer’s new pricing strategy lifted operating income nearly 23% to $381 million in the third quarter ended October 29. Top-line sales rose 8.1% to $6.94 billion. Comparable-store sales at its Dollar Tree stores increased 8.6% from a year earlier, while comps at its Family Dollar stores were up […]

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