Albertsons narrowed its full-year expectations as the grocer said Medicare price cuts would hurt financial results. The company also said on an earnings call Wednesday that the consumer backdrop was ...

Rite Aid plans to sell the pharmacy assets of its 1,000-plus locations nationwide to several competing chains, including CVS Pharmacy and Walgreens. In a May 15 press release, the now-bankrupt ...

Walgreens Boots Alliance's first quarter results reflect its efforts to stabilize the retail pharmacy by optimizing its footprint, controlling operating costs, improving cash flow and continuing to ...

Walgreens reported fiscal fourth-quarter sales and profit that beat Wall Street's expectations, reflecting the company's efforts to slash costs. The retail drugstore chain also said it plans to close ...

Shares of Walgreens Boots Alliance Inc. were gaining ground in early Thursday trading, after the drugstore chain beat Wall Street’s sales and adjusted profit expectations in its fiscal third-quarter ...

The retailer’s net sales and other revenue increased 1.9% to $19.1 billion for the quarter from $18.8 billion during the prior year period. Albertsons’ net income was $293.3 million, or 55 cents per ...

A bankruptcy judge on Wednesday approved Rite Aid’s pharmacy asset sales to a variety of buyers, including some of the bankrupt drugstore chain’s rivals. Financial details were not disclosed, and sale ...

Walgreens plans to close about 1,200 locations over the next three years as part of a cost-cutting plan, the company said Tuesday. That represents about 9.5 % of the pharmacy chain’s 12,500 locations ...

Walgreens Boots Alliance Inc (NASDAQ: WBA) on Tuesday reported second-quarter sales of $38.59 billion, up 4.1% year over year (+4.7% on constant currency), beating the consensus of $38 billion, ...