By Bruce Japsen
Chicago Mayor Richard Daley tours a Walgreens store at 1533 67th Place in Chicago. (Terrence Antonio James/Chicago Tribune)
Walgreen Co. plans to expand its fresh food offerings in several hundred stores in coming years, company chief executive officer Greg Wasson told shareholders this afternoon.
Addressing 2,500 shareholders at the company’s annual meeting at Navy Pier on Chicago’s lakefront, Wasson said such stores fit the company’s strategy to evolve from a “retail drugstore to a retail ‘health and daily living store.’”
Walgreen Co., which offers more and more health and wellness needs, began to test out fresh foods such as fruits and vegetables last year, particularly in poor urban markets where access to healthy food choices is a problem. Get the full story »
Jan. 12 at 6:07 a.m.
Filed under:
Pharmaceuticals,
Retail
By Reuters
Walgreen Co. wants more customers to fill 90-day prescriptions in its stores, a move it says will make it easier for patients to stick to their drug regimens and save millions of dollars in healthcare costs. Get the full story »
Jan. 5 at 8:06 a.m.
Filed under:
Retail
By Associated Press
Walgreen Co.’s December sales rose 7.5 percent to $6.81 billion, the biggest U.S. drugstore chain said on Wednesday. The performance was helped by Duane Reade, which made up 2.5 percentage points of the total sales increase. Walgreen purchased Duane Reade for $623 million in April 2010. Get the full story »
Dec. 22, 2010 at 11:12 a.m.
Filed under:
Earnings,
Stock activity
By CNN
Shares of Walgreen Co. surged more than 7 percent in midday trade after the company reported record quarterly earnings and sales for the first quarter of fiscal year 2011. Get the full story »
Dec. 22, 2010 at 7:25 a.m.
Filed under:
Earnings,
Pharmaceuticals,
Retail
By Bruce Japsen
Amid a tough economy, Walgreens first-quarter profits jumped nearly 19 percent in its first quarter thanks to intensifying cost controls such as slowing store expansions. The results, which beat analysts’ expectations, come even as the Deerfield-based drugstore giant’s sales at stores open at least a year grew less than one percent in the period ended Nov. 30. Get the full story »
Dec. 17, 2010 at 4:31 p.m.
Filed under:
Government,
Health care
By Bruce Japsen
In a move to increase access to preventive treatment among those for whom health care is a challenge, the Obama administration and Walgreens announced on Friday a partnership to provide vouchers for free influenza shots to uninsured Americans and others with inadequate benefits.
The Deerfield-based drugstore giant will provide more than $10 million worth of vouchers while the U.S. Department of Health and Human Services will help distribute the shots to up to 350,000 people in 15 major U.S. markets including Chicago through its network of regional health administrators that work with public health agencies. Get the full story »
Dec. 10, 2010 at 1:27 p.m.
Filed under:
Retail
By Emily Bryson York
Customers subscribing to Walgreen Co.’s e-mail distribution list should be on the look-out for spam directing them to another site and then asking for personal data.
According to a company spokesman, Walgreens became aware of “unauthorized access” to its e-mail list, “about a week ago,” and began notifying subscribers this morning. Get the full story »
Dec. 3, 2010 at 7:37 a.m.
Filed under:
Retail
By Dow Jones Newswires
Walgreen Co. said Friday its same-store sales rose 3.2 percent in November, beating analysts’ estimates of 2.7 percent. Get the full story »
Nov. 19, 2010 at 1:43 p.m.
Filed under:
M&A,
Pharmaceuticals
By Reuters
Medco Health Solutions Inc. would not be interested in buying Walgreen Co.’s pharmacy benefit unit because it is too small, Medco’s chief executive said on Friday.
Walgreen has hired Bank of America to sell its pharmacy benefits business, a source close to the situation told Reuters last month. Get the full story »
Nov. 11, 2010 at 5:48 a.m.
Filed under:
Retail
By Associated Press
After a letter-writing and e-mail campaign on their behalf by hundreds of Glencoe residents, two respected druggists appear to have hung onto their jobs.
Steven Feinerman and Eddie Levin have worked at Parkway Drugs for years — Feinerman as owner and Levin as a pharmacist. When residents found out that Walgreens had agreed to buy the store but had no plans to retain the men, they took the offensive on their behalf.
Nov. 8, 2010 at 10:30 a.m.
Filed under:
Litigation,
Retail
By Associated Press
Walgreen Co. is suing the Wegmans supermarket chain, claiming the New York-based grocery’s logo is too similar to its own. Get the full story »
Nov. 4, 2010 at 11:25 a.m.
Filed under:
Chicago executives,
Pharmaceuticals,
Retail,
Updated
By Bruce Japsen
Walgreens chief executive officer Greg Wasson this morning said the drugstore chain will step up investments in services to help Americans manage chronic diseases, saying the company wants to capitalize on what he called the “retailization” of the nation’s health care system.
The Deerfield-based pharmacy giant, meeting with Wall Street analysts and investors, said it wants to continue to expand its network of medical care providers and the services they provide. Walgreens increasingly has been lobbying to give pharmacists a greater role in medical care such as providing immunizations in its stores as well as establishing retail health clinics staffed by nurse practitioners. Get the full story »
Nov. 3, 2010 at 7:40 a.m.
Filed under:
Pharmaceuticals,
Retail
By Bruce Japsen
Drugstore giant Walgreens said October sales rose nearly 4 percent buoyed by its acquisition in April of large New York pharmacy chain Duane Reade stores. The Deerfield-based pharmacy chain said October sales were $5.85 billion, up of 3.7 percent from $5.64 billion compared to October of 2009. Get the full story »
Oct. 25, 2010 at 5:08 p.m.
Filed under:
M&A,
Pharmaceuticals,
Retail
By Dow Jones Newswires
Drug store chain Walgreen has hired Bank of America to help auction its pharmacy benefits management business, Bloomberg reports, citing three people with knowledge of the matter. Get the full story »
Oct. 22, 2010 at 2:59 p.m.
Filed under:
Chicago executives,
Crime,
Criminal charges,
Retail
By Brian Cox, Special to the Tribune | The lawyer for a Walgreen Co. executive charged with DUI for the second time in 13 months said today he’s sure his client will be cleared. Get the full story »
