With easy-to-remember names like drugstore.com and beauty.com, one might expect these Walgreens-owned websites to be doing gangbusters business. Yet the retailer says it will shutter both sites by the end of September. [More]
Walgreens and Rite Aid are the biggest and third-biggest pharmacy drugstore in this country, and they want to join forces to become a pharma-Voltron. The companies are waiting for regulatory approval, but the CEO of Walgreens Boots Alliance told shareholders today that the deal will probably go through by the end of 2016, and that it will result in the closing of only about 500 stores. [More]
When Walgreens and blood-testing startup Theranos partnered up in 2013, it seemed like a great idea for both companies and for patients. Inexpensive lab tests could be available right in neighborhood drugstores. Only the problem was that Theranos insisted on secrecy because of its new technology, and Walgreens wasn’t able to seriously investigate the tests or equipment. Now Walgreens has ended its partnership with Theranos. [More]
A few months ago, the shareholders of #3 U.S. drugstore chain Rite Aid approved the company’s proposed acquisition by the parent company of the #1 chain, Walgreens Boots Alliance. Now reports indicate that the Federal Trade Commission may give the merger its blessing, as long as certain conditions are met. [More]
A few years ago, back when lab-testing startup Theranos was still a hot and revolutionary company valued at billions of dollars, the company signed a deal to put retail lab-testing clinics in Walgreens stores. Now, Walgreens employees are reportedly wondering whether they were too eager to sign on with the company without having an outside observer ensure that the tests are actually accurate. [More]
When you see a “sale” price on a store shelf, you expect to pay that price at the register. When you see something marked as a “Great Buy,” you might believe that it’s been discounted. And when a store advertises a “Last Chance” or “Clearance” sale, you probably have reason to think that those items won’t be in stock much longer. But Walgreens — and its subsidiary Duane Reade — have different ways of thinking about the above scenarios, and it’s gotten them into trouble with the state of New York. [More]
Only a few months after recalling Walgreens Nice! store-brand orange slices because shards of glass might have found their way into the jars, the company is recalling jars of Nice! peach slices and mixed fruit for the same reason. [More]
Do you have old and expired medicine just sitting in your medicine cabinet and you’re not quite sure how to get rid of it? Walgreens is installing kiosks in 500 stores in the hope of giving customers a way to quickly and easily dispose of their unused drugs.
Walgreens’ path to bring Ride Aid under its wing passed one hurdle on Thursday, as shareholders for the latter chain of drug stores approved a $9.4 billion merger plan. [More]
Nearly two years ago, CVS announced it would finally be giving up tobacco once and for all, leading Walgreens to say it was “evaluating” its future with the cancer-causing products. Now that the country’s biggest drugstore chain has had some time to kick back and ruminate on the matter, it’s decided… well, it’s decided to continue selling cigarettes while it thinks some more. [More]
If you shop at Walgreens, you’re probably familiar with its “Nice!” line of house-brand products, which includes bottles of mandarin orange slices. Unfortunately, some of those bottles might contain something that isn’t very nice: pieces of glass. [More]
Last week, Walgreens Boots Alliance, the parent company of this country’s top drugstore chain, announced that pending antitrust approval, it would buy the #3 chain, Rite Aid, for $9.4 billion. That would create two massive national drugstore chains, and also leave a lot of empty stores. One estimate is that 3,000 stores would close… not necessarily for antitrust reasons, but because the stores are simply too close together. [More]
Walgreens shoppers using Apple Pay at the checkout will have a slightly quicker experience than other loyalty members, as the retailer becomes the first to integrate its rewards program with the mobile payment system. [More]
Walgreens Boots Alliance — the holding company that owns Walgreen Co. and Boots pharmacies in Europe — is reportedly looking to expand its portfolio of drug stores by adding Rite Aid into the mix.
In the past, Walgreens has been a target for ne’er-do-wells: there were the three people caught with more than 125 stolen credit cards, and before that, the shoplifting ring accused of stealing more than $15,000 in merchandise. But those cases pale in comparison to a brazen robbery in Florida this week in which a man forced open the pharmacy department door and made off with $100,000 in prescription drugs. [More]
If you’re planning on heading over to Walgreens to refill a prescription, it might take a bit longer than usual: amid an ongoing outage of the drugstore chain’s pharmacy computer database that’s been going on since Tuesday morning, pharmacists have been forced to fill prescriptions by hand. Just like in ye olde days of yore.
Jill knew that her blog readers wouldn’t believe what she had seen, even if she presented them with a photo. At her local Walgreens store, there was a full display of Halloween treats, including candy corn and Snickers pumpkins. Halloween. On July 21. Please, retailers, we’re still uncomfortable at seeing Back-to-School displays in the big-box stores! Don’t do this to us! [More]