Walgreens reported a net loss of $8.6 billion for the fiscal year ending Aug. 31 on overall sales of $147.7 billion. The company’s pharmacy sales in the fourth quarter increased 9.6 percent year ...
On a day when Walgreens Boots Alliance reported another $3 billion in losses, the drugstore chain said it will close 1,200 stores over three years in an effort to return to profitability and long-term ...
Editor’s note: On the Market is a new, regular feature from Finance & Commerce that highlights interesting commercial real estate that has recently been put up for sale. Let us know about CRE ...
Sales of groceries and other items at Walgreens stores have been hit as consumers increasingly hunt for bargains and shun higher-priced items. For fiscal 2025, Walgreens said it expects adjusted ...
Still, the company managed to post stronger-than-expected sales in the past quarter. Revenue at the chain rose 6% from the same quarter a year ago, but Walgreens reported a $3 billion loss largely ...
hasn't said which, if any, Chicago stores will be included in the 1,200 U.S. stores slated to close by 2027, three North Side retail buildings solely occupied by Walgreens are up for sale.
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Walgreens' announcement comes as the company reported soft revenue for fiscal year 2024. Total retail sales were down over 4% in 2024. "In fiscal 2025, we are focusing on stabilizing the retail ...
(Photo by Pat Greenhouse/The Boston Globe via Getty Images) Walgreens recently reported its ... International sales up, 3.2% to $6.0 billion, and the U.S. Healthcare business, up 7.1% to $2.1 ...