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Walgreen Co.

  • Target probes healthcare concept further

    Eight new healthcare clinics in Target stores are set to open in two new markets in July as part of the company’s most ambitious expansion of the healthcare initiative since it first began dabbling with clinics.

    Four clinics at stores in the Northern Virginia towns of Fairfax, Falls Church, Gainesville and Leesburg are set to open on July 29, the same day as four new clinics in the North Carolina towns of Apex, Wake Forest and Durham, which will get two clinics.

  • OfficeMax vet assumes reigns of Walgreens' supply chain management

    DEERFIELD, Ill. — Walgreens has named Reuben Slone as SVP supply chain management, where he will have leadership responsibility for distribution, transportation, systems integration and engineering, Lean and Six Sigma supply chain initiatives and community outreach.

    Slone will join Walgreens May 16 and will report to Walgreens president of community management Mark Wagner.

  • Rite Aid posts strong Q4, FY 2012

    CAMP HILL, Pa. — Despite running fewer stores, Rite Aid grew its sales and narrowed its losses during the fourth quarter and fiscal year 2012, thanks to a boost in its loyalty card program membership, a longer fiscal year and the continuing dispute between Walgreens and Express Scripts.

  • NEW names Walgreens VP to association vice chair post

    CHICAGO — Catherine Lindner, Walgreens VP retail marketing, has been named vice chair of the Network of Executive Women, the association announced Tuesday. Under the NEW's bylaws, Lindner will assume the post of board chair when the term of the current board chair — Walmart SVP home Michelle Gloeckler — expires in October 2012.

  • Walgreens VP to replace Walmart SVP as NEW chair

    CHICAGO — Catherine Lindner, Walgreens VP retail marketing, has been named vice chair of the Network of Executive Women, the association announced Tuesday. Under the NEW's bylaws, Lindner will assume the post of board chair when the term of the current board chair — Walmart SVP home Michelle Gloeckler — expires in October 2012.

  • Express Scripts exit gives Walgreens confidence in Q2

    DEERFIELD, Ill. — On the eve of a potential Federal Trade Commission approval of the Express Scripts/Medco merger, Walgreens' underlying fundamentals still are strong, Walgreens president and CEO Greg Wasson told analysts Tuesday morning. It's that underlying strength that has helped Walgreens in the wake of its exit from the Express Scripts pharmacy benefit network, a factor that impacted Walgreens' net earnings by 7 cents per diluted share for its second quarter ended Feb. 29. Net earnings for the second quarter were $683 million, a 7.7% decrease.

  • Walgreens checks in with Foursquare

    DEERFIELD, Ill. — Walgreens customers can now access exclusive offers when they check in at any Walgreens store through Foursquare.

    The drugstore chain said customers that check in via Foursquare instantly will receive a unique scannable coupon via their smartphone, which is redeemable in the store and does not require texting, reply or other steps.

  • Front-end sales warm up Walgreens February results

    DEERFIELD, Ill. — Higher front-end sales for the month of February helped counter-balance lost revenue from Express Scripts prescriptions, Walgreeens reported Monday. Overall, the drug store chain reported a 1.5% sales increase to $5.9 billion.

    Shares of Walgreens were up slightly by 8 cents to $32.77 in early morning trading.

    This year’s total February sales benefited from one extra day because of leap year, the company noted. 

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