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Walgreen Co.

  • A retail leader named chairman of retail leaders association

    Target chairman, president and CEO Gregg Steinhafel was elected chairman of the board of the Retail Industry Leaders Association (RILA).

    Steinhafel previously served as the board’s vice chairman and in his new capacity succeeds former RILA board chairman Bill Rhodes, chairman, president and CEO of AutoZone. 

  • Walgreens unveils newly renovated stores in Indianapolis

    Deerfield, Ill. — Walgreens has transformed 68 locations in the Indianpolis market into health and daily living destinations.

    The drug store chain hosted a ribbon-cutting ceremony Thursday at a store located on 16th and Meridian in Indianapolis. On hand at the ceremony were Walgreens president and CEO Greg Wasson, former Indianpolis Colts coach Tony Dungy and Sen. Richard Lugar, R-Ind.

    The stores are part of Walgreens' pilot program that launched last year in Chicago.

  • Walgreens and Rite Aid report rise in December same-store sales

    New York City -- Walgreen Co. said Thursday that its same-store sales increased 0.4 percent in December, beating analysts' estimates for a decline of 0.1%.

    Front-end sales were up 0.6%. Same-store pharmacy sales, which make up nearly 60% of total sales, rose 0.2%. Walgreen said those sales were hurt by more launches of generic drugs, as well as a milder season for coughs, colds and the flu.

    Rite Aid Corp. said Thursday its December same-store sales rose 3.6%, boosted by higher pharmacy sales.

  • Walgreens steadfast in its resolve to move on without Express Scripts

    DEERFIELD, Ill. — As Walgreens prepares for life outside of the Express Scripts pharmacy network, executives over the course of a Wednesday morning first-quarter conference call continued to maintain they, along with healthcare payers and employers, will be better off for it.

  • Walgreen Q1 profit falls 4.5%, misses Street

    Deerfield, Ill. -- Walgreen Co. reported Wednesday that profit for the quarter ended Nov. 30 dropped 4.5% to $554 million, compared with $580 million in the year-ago period. The drugstore operator cited a slow flu season and the decision to leave Express Scripts pharmacy network among the reasons for the performance dip.

    Revenue for the quarter climbed 4.7% to $18.16 billion – a chain sales record – but missed Wall Street’s forecasted $18.24 billion in revenue. Total same-store sales rose 2.5%; front-end comps increased 2.4%.

  • Duane Reade to unveil unique offerings at 52nd and Broadway location

    NEW YORK — Duane Reade is set to put its signature “New York Living Made Easy” vision on full display on Friday with the unveiling of its expanded store located at 1657 Broadway in New York.

    The new 24-hour location, which opened Friday, will serve as an amplification of the retailer’s continued rebranding and aggressive transformation initiatives to date.

  • Duane Reade unveils expanded store format

    New York City -- Duane Reade, a division of Walgreens, spotlights its “New York Living Made Easy” format on Friday with the unveiling of its expanded store located at 1657 Broadway in New York.
    The new 24-hour location reflects the chain’s focus on rebranding and aggressive transformation initiatives to date.

  • Walgreens rolls out Web Pickup service

    Deerfield, Ill. -- Walgreens said Tuesday it has introduced online ordering and in-store pickup at 70+ stores in the Indianapolis market, with some stores offering curbside delivery.

    The new Web Pickup service throughout the Indianapolis area is the second full market rollout for the service, which enables consumers to shop online at Walgreens.com and pick up orders at a Walgreens store in as little as an hour. The service is also currently available throughout Chicago and at a number of stores in San Jose, Calif.

  • Walgreens touts Redbox movie rentals giveaway

    DEERFIELD, Ill. — Walgreens will reward 1 million customers at its stores nationwide on Thanksgiving Day with a free one-day Redbox DVD rental, the drug store chain announced.

    The DVD rental, which will be given to the first 130 customers (not including prescription purchases) at the chain's more than 7,700 locations, will be valid at all Walgreens Redbox locations from Thanksgiving Day through Dec. 24.

  • Walgreens on Black Friday will unveil largest retail mobile coupon program

    DEERFIELD, Ill. — Walgreens on Thursday added scannable coupons to its mobile applications, with exclusive discounts to its smartphone customers, beginning on Black Friday.

    Coupons will range in value from 50 cents to $5 and will be good toward a variety of products, including beauty items, gifts, consumables and everyday essentials, such as diapers. Scannable coupons provide optimal convenience with no clipping or printing required. Cashiers simply scan a coupon straight from a user’s smartphone.

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