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Walgreen Co.

  • Walgreens’ Q4 profit beats Street; yearly sales top $103 billion

    Fresh on the heels of its announced $17.2 billion acquisition of Rite Aid, Walgreens Boots Alliance reported fourth-quarter net earnings of $26 million Wednesday — compared to a $221 million loss during the same period last year — and finished significantly ahead of analyst expectations. Net sales climbed almost 50% to $28.5 billion during the quarter, which ended August 31.

  • Ex-Walgreens exec to lead Fred's store operations

    Fred’s Super Dollar has turned to an operational executive from Walgreens to take over as executive VP of store operations.

    red's announced that John Foley has been appointed to the new role. Mike Holligan, who formerly served in this capacity, will move to the open position of regional VP store operations.

  • Target kicks off the holiday price wars

    The competition for retailers selling online just got a lot more intense with a new price-match policy from Target just ahead of the prime holiday shopping season.

    Beginning Oct. 1, Target will price-match the websites of 29 major retailers in stores and for purchases from their website.

  • Study: Payment card issuers throw in their chips

    As the Oct. 1 fraud liability shift for EMV-compliant chip cards looms, payment card issuers appear ready for the change.

    According to a new study from the electronic payments industry group Payment Security Task Force (PST), the eight financial institutions that belong to the PST reported that 30% of their U.S. consumer credit and debit cards contain EMV chips as of June 30.

  • Walgreens makes a lucrative deal with Western Union

    Walgreens has teamed up with Western Union on an initiative that may generate the drugstore chain a lot more traffic and sales.

    The nation’s largest drugstore chain has launched Western Union Bill Payment services via digital self-service kiosks, allowing customers to make payments to 15,000 billers across the United States and beyond.

  • Walgreens provides on-demand delivery service through Postmates

    Walgreens and its Duane Reade subsidiary on Tuesday inked a deal with Postmates that will provide urbanites across 30 markets on-demand delivery service fulfilling all their health, beauty and wellness needs, Postmates announced.

    This marks a same-day delivery first for a cutting-edge retailer like Walgreens, though Postmates has been delivering goods from the likes of Starbucks, Chipotle, McDonald’s, Apple, Etsy and 7-Eleven for some time now. Customers utilizing the service will be charged a flat introductory delivery fee of $4.99 for a limited time.

  • Walgreens manages energy expenses

    Deerfield, Ill. - Walgreens is taking a smart approach to energy expense management.

    The retailer expanded its use of EnerNOC's energy intelligence software to manage its utility bills at more than 8,300 sites across the U.S.

  • Walgreens to expand in-store health clinics in Northwest

    Deerfield, Ill. — Walgreens and Providence Health & Services are entering a strategic clinical collaboration that plans to bring up to 25 new retail clinics to Oregon and Washington. The clinics will be owned and operated by Providence and its affiliates, and become the first to open at Walgreens stores under a new collaborative services model.

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