As big-box stores compete with online retailers and shifting consumer shopping habits, store closures have become the norm.

Walgreens is set to close five locations across Los Angeles and Orange counties in the coming weeks as the struggling retailer moves ahead with a downsizing that will see around 1,200 closures ...

Explore the uncertain future of Walgreens Boots Alliance (WBA) amid buyout hurdles, litigation risks & industry challenges.

Deerfield-based Walgreens Boots Alliance has agreed to pay a $595 million settlement to a virtual care company over a dispute ...

CEO Tim Wentworth did not address the rumors of a potential sale to private equity firm Sycamore Partners, dampening ...

Sycamore Partners is planning a three-way split of Walgreens Boots Alliance if a deal to take the struggling pharmacy chain ...

The stock sale, which comes as chief executive officer Tim Wentworth works on a financial turnaround of the iconic drugstore chain, brings Walgreens stake in Cencora down to 6% from 10%.

Walgreens CEO Tim Wentworth reaffirmed in January that the company intends to divest VillageMD and use the proceeds to reduce debt. Walgreens' unit that includes a stake in VillageMD among other ...

A total of roughly 500 will shutter in fiscal 2025, the company said at the time. CEO Tim Wentworth said during the company’s first-quarter earnings call last month that the "cornerstone of our ...