The Mirror US on MSN8d
Walgreens confirms plans to shut 500 stores but full list of locations remains a mystery
Walgreens is set to close 500 stores as part of the drugstore chain's plans to shutter 1,200 locations in the coming years as ...
Walgreens to be taken private by Sycamore in $10 billion deal
Walgreens Boots Alliance will be taken private by Sycamore Partners for $10 billion, the buyout firm said on Thursday, ...
CNN on MSN26d
Walgreens is going private in an up to $24 billion deal
“While we are making progress against our ambitious turnaround strategy, meaningful value creation will take time, focus and change that is better managed as a private company,” WBA CEO Tim Wentworth ...
The drugstore industry is struggling. Here’s what could be in its future.
Nearly a third of the U.S. retail pharmacies that were open from 2010 to 2020 had shuttered by 2021, study finds.
New York Post27d
Walgreens to be taken private by Sycamore Partners in $10B deal
The company is closing thousands of stores and has embarked on a $1 billion cost-cutting program under CEO Tim Wentworth, with some success. It currently employs 312,000 people in 12,000 stores in ...
What Walgreens' $10 Billion Takeover Means for Store Closures
One expert told Newsweek that the takeover could result in even more store closures for the embattled pharmacy chain.
Chicago Tribune27d
Walgreens to be acquired by private-equity firm for $10 billion
focus and change that is better managed as a private company,” Walgreens CEO Tim Wentworth said in the news release. “Sycamore will provide us with the expertise and experience of a partner ...