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 »
Dec. 2, 2010 at 10:17 a.m.
Filed under:
M&A,
Pharmaceuticals
By Associated Press
Lisle-based pharmacy benefit management firm SXC Health Solutions Corp. said Thursday it has agreed to buy specialty pharmacy provider MedfusionRx LLC for US$100 million. Get the full story »
Oct. 8, 2010 at 12:01 p.m.
Filed under:
Jobs/employment,
Layoffs,
Pharmaceuticals
By Associated Press
Sanofi-Aventis SA, the world’s fourth-biggest drugmaker, said Friday it is eliminating 1,700 jobs in its U.S. pharmaceutical business in a restructuring triggered by growing generic competition and other factors. Get the full story »
Oct. 5, 2010 at 7:54 a.m.
Filed under:
Retail
By Reuters
U.S. drugstore chain Walgreen Co. on Tuesday posted a stronger-than-expected rise in September same-store sales on strong demand in its pharmacy business. Get the full story »
Sep. 3, 2010 at 7:52 a.m.
Filed under:
Earnings,
Pharmaceuticals,
Retail
By Michael Oneal
Deerfield-based Walgreen Co. said it ended its fiscal year Aug. 31 with an 8.6 percent gain in during the month to $5.66 billion. That brought the 12-month total to $67.4 billion, a 6.5 percent gain over fiscal 2009.
The company also said it has engineered a swap with elderly-care specialist Omnicare Inc. in which Omnicare will buy Walgreens’ long-term care pharmacy unit while Walgreens will acquire Omnicare’s home-infusion business. Get the full story »
Sep. 1, 2010 at 7:17 a.m.
Filed under:
Health care,
Retail
By Bruce Japsen
Target will open five retail health clinics in the area next week. (Phil Velasquez/ Tribune)
Target Corp., renewing its push into retail medicine, will open five clinics in Chicago area stores, giving a boost to a form of health care delivery that has seen slower growth amid the economic downturn.
Like its rivals, Target’s clinics will be open seven days a week with no appointment needed. They treat patients for routine illnesses and injuries such as ear and sinus infections, skin treatments and certain vaccinations. Get the full story »
