Facing declining retail traffic, particularly overseas, Walgreens posted a net loss of $1.7 billion for the quarter ending on May 31. The company still has a long road ahead, but analysts said they liked its long-term strategy with VillageMD.
Walgreens Boots Alliance
Two major retail chains — Walgreens and Walmart (NYSE: WMT) — are expanding their health care reach while increasing their footprints in the home- and community-based care space. Walgreens Boots Alliance (Nasdaq: WBA) — Walgreens’ holding company — and VillageMD announced a five-year plan Wednesday… Read More »‘Back to the Future’: Walgreens Invests $1B in VillageMD to Expand Community-Based Care Services