On the surface, Walgreens [Boots Alliance] has posted another good set of results with growth in both net sales and U.S. retail pharmacy revenue accelerating over the prior quarter.
Walgreens will unveil the first iteration of its new store format later this spring or in early summer, executives said at the 36th Annual J.P. Morgan Healthcare Conference.
Rite Aid Corp. on Wednesday posted a big jump in quarterly profit as the drug store retailer benefited from its ongoing sale of 1,932 stores to Walgreens Boots Alliance Inc.