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Walgreens Boots Alliance, Inc.

  • Walgreens will keep headquarters in U.S.

    Deerfield, Ill. – Walgreens Boots Alliance plans to keep its headquarters in the U.S. and never went beyond the consideration stage of moving operations outside the U.S. in an “inversion” to reduce corporate taxes. At  the Walgreens annual shareholder meeting May 28, Walgreens chairman James Skinner said Walgreens headquarters will remain in Deerfield, Illinois.

  • Walgreens Boot Alliance CIO stepping down

    Deerfield, Ill. -- Walgreens Boots Alliance  announced Friday that Tim Theriault, the company's executive VP and global CIO, will step down for personal reasons, effective June 1. Theriault will continue to serve as a consultant to the company and as a senior advisor to executive vice chairman and acting CEO Stefano Pessina on a range of issues, including cyber security. Anthony Roberts, senior VP, international CIO, will  assume the role of senior VP, global CIO.

  • PepsiCo, UPS veteran to be new Walgreens CIO

    Walgreens Boots Alliance has appointed a PepsiCo and UPS veteran as its new CIO.  
  • A BULLISH M&A FORECAST

    Gaining market share and geographic coverage are top priorities driving deals

    Retail continues to rally for deals in 2015, and the sector could be on the cusp of another major year for mergers and acquisitions. Already this year, we’ve seen speculation about a number of potentially massive deals — from a possible buyout of Rite Aid by Walgreens Boots Alliance to the proposed merger between Staples and Office Depot. Looking across the industry, as part of BDO’s annual Retail Compass Survey of CFOs, we asked chief financial officers at leading U.S.

  • Walgreens will invest in U.S. customer experience, IT

    Deerfield, Ill. - Walgreens Boots Alliance is ahead of schedule in its synergy efforts since Walgreens and Boots officially merged in December 2014. At its 2015 Analyst Day in New York City, the retailer’s leadership team outlined plans to support the customer experience in its Retail Pharmacy USA division with investments in key operational efficiencies such as IT systems, modernizing pharmacies and investing in customer care.

  • Walgreens Boots names U.S. Foods president to board

    Deerfield, Ill. – Walgreens Boots Alliance has named U.S. Foods president and CEO John Lederer to the board of directors. Lederer was appointed president and CEO of US Foods in September 2010, and previously was chairman and CEO of Duane Reade.

    Lederer also held a variety of senior leadership positions during a 30-year career at Loblaw Companies Ltd.

  • Walgreens to close about 200 stores as part of new $500 million cost-savings plan

    Deerfield, Ill. — Walgreens Boots Alliance on Thursday reported quarterly earnings for the first time since the December 2014 merger of Walgreen Co. and Alliance Boots GmbH. The announcement included the news that the drug store retailer will close about 200 U.S. stores as part of its previously announced three-year, $1 billion cost-reduction plan.

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