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Walgreen Co.

  • Walgreens to offer walk-in flu shots

    DEERFIELD, Ill. — Walgreens is looking to make getting a flu shot as easy as walking into any Walgreens, Duane Reade and Take Care Clinic by offering flu shots without an appointment.

  • Walgreens’ July same-store sales down 7%

    Deerfield, Ill. -- Walgreen Co. said that its same-store sales fell 7% in July as its split with Express Scripts continued to hurt its top line. (The two companies last month reached an agreement to resume doing business, but that doesn't start until Sept. 15.)

    The company's pharmacy same-store sales were down 9.7%, while front end sales fell 2.4%. The performance missed analyst expectations.
     

  • Walgreens-Alliance Boots deal sealed; senior leaders join respective boards

    Deerfield, Ill. -- Walgreens and Alliance Boots on Thursday announced the completion of Walgreens initial investment in the strategic partnership following receipt of all required regulatory approvals.

    The Walgreens investment consists of approximately $4 billion in cash and 83.4 million shares of Walgreens common stock in exchange for a 45% equity stake in Alliance Boots. Walgreens has the option to proceed to a full combination in approximately three years’ time by acquiring the remaining 55% of Alliance Boots.

  • Walgreen, Express Scripts end stand-off

    Deerfield, Ill. -- After months of slumping sales following its split with Express Scripts Holding Co., Walgreens said it has forged a new multi-year contract with the prescription provider and will begin filling Express Scripts prescriptions on Sept. 15.

    Walgreen had stopped filling prescriptions for Express Scripts after a contract between the companies ended last year. Express Scripts ended the contract because it said Walgreens wanted a premium compared to what Express Scripts paid other pharmacies.

  • Duane Reade in green transportation initiative

    New York -- In an effort to reduce vehicle air pollution, Duane Reade, in partnership with Mission Electric, is asking New Yorkers to help determine which of the chain’s stores should be served solely by electric trucks. Combined, more than 30 stores have been identified as electric truck ready in the city’s boroughs of Queens, Bronx, Brooklyn, and Manhattan.

  • Walgreens to roll out store mapping app nationwide

    Palo Alto, Calif. -- Mobile retail navigation service aisle411 said Tuesday that it is rolling out its virtual mapping and navigation smartphone app for use in Walgreens’ 7,907 drug stores nationwide.

    The service will allow Walgreens shoppers to use their smartphones to view maps of any Walgreens store and to locate products down to a particular section of each aisle.

    Walgreens is the first national retailer with all of its stores mapped in a mobile application.

  • Walgreens taps former McDonald's CEO to be nonexecutive chairman

    DEERFIELD, Ill. — Walgreens on Thursday named James Skinner, Walgreens board member since 2005 and recently retired McDonalds CEO, as the new nonexecutive chairman of the board of Walgreens. Skinner will succeed Al McNally, who has served on the Walgreens board since 1999 and as nonexecutive chairman since 2009. McNally will continue serving on the Walgreens board.

  • Walgreens names ex-McDonald's CEO as chairman

    Deerfield, Ill. -- Walgreens said Thursday that it has named retired McDonald’s CEO James Skinner as its new non-executive chairman of the board.

    Skinner has served on the Walgreens board since 2005. He will succeed Al McNally, who has been non-executive chairman since 2009.

    Walgreens said the change "is consistent with its board of directors succession and rotational planning process."
     

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