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Walgreens Boots falls
Walgreens suspends quarterly dividend amid turnaround efforts
Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain operator said on Thursday, sending its shares down nearly 8% in extended trading.
Walgreens Boots falls after quarterly dividend suspension
Walgreens Boots Alliance (NASDAQ:WBA) fell over 7% in extended trading on Thursday after the drugstore chain said it is suspending cash dividend paid to stockholders on a quarterly basis. This comes after a report that a potential takeover of the company by private equity from Sycamore Partners will likely not happen.
Walgreens suspends quarterly dividend, stock plunges
The move is the latest sign that the pharmacy chain is struggling to cut costs, improve margins and find stability.
Advocate Health closing Walgreens clinics in 2 states
Advocate Health closing Walgreens clinics in two states
Advocate Health is shuttering 55 clinics inside Walgreens stores in Illinois and Wisconsin, effective Feb. 6.
Advocate Health Care to close clinics in Walgreens drugstores
Advocate Health Care announced Wednesday that it has decided to close its clinics inside Illinois Walgreens drugstore locations. The 47 clinics will all close on Thursday, Feb. 6. The hospital group said the closures will allow it to expand its virtual services and in-person care at its primary and urgent care locations.
Advocate Health Care closing all Illinois clinics inside Walgreens, including 11 in Chicago
The state's largest health care system will close 47 Walgreens clinics as part of a broader shift in operations.
2h
on MSN
The latest step in Walgreens’ turnaround is a blow to investors
Walgreens has struggled as foot traffic at its stores dwindle and pharmacy business faces slimmer reimbursement rates on ...
7d
Walgreens Lawsuit May Mean 'Significant' Payments to Customers: Lawyer
The Department of Justice civil complaint, filed in an Illinois federal court, could throw significant light on America's ...
7d
Bitter pill: Pharmacy staff shortages, erratic hours are putting Oklahomans at risk
Walgreens and CVS were engaged in a war nationwide, building stores as close to each other as possible, often on opposite ...
10h
Walgreens Investors Dismiss Bid Targeting Cigarette Pollution
Walgreens Boots Alliance shareholders voted against a proposal that pushed the pharmacy chain to do more to prevent environmental damage from the cigarettes it sells.
6d
Walgreens closing 6 Denver metro area stores
Walgreens closed 70 in its fiscal first quarter and plans to shutter around 500 this year. The company runs about 8,500 ...
Crain's Chicago Business
3d
Walgreens stock tumbles on report that private equity deal is unlikely
Shares of Walgreens Boots Alliance tumbled today following a CNBC report that the Deerfield-based pharmacy chain was unlikely ...
8d
Walgreens replaced its refrigerator doors with digitized ad-laden glass. It might become a $200 million debacle
Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.
1d
Laura Washington: Walgreens is closing stores and creating pharmacy deserts on Chicago’s South and West sides
The five local Walgreens stores to be closed are all on the city’s South and West sides, serving African American and Latino ...
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Health care
Kimberly Diei
Shreveport
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