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walgreens

Robots Revolutionize Pharmacy Workflow

May 11, 2025

The pharmacy industry is undergoing a significant transformation. A major player is expanding its use of automated centers to handle prescriptions. These centers use robots to manage thousands of prescriptions for conditions like diabetes and high blood pressure. The goal is to reduce the workload o

business

Walgreens' Turnaround Plan: Hits and Misses

January 11, 2025

Walgreens recently surprised Wall Street with better-than-expected financial results for the first quarter of the fiscal year. Despite a $265 million loss, the drugstore chain is working hard to rebuild its business. They're closing stores, trying to fix prescription reimbursement issues, and battli

business

Walgreens: Closing Doors, Seeking Fresh Start

October 16, 2024

Walgreens is shutting down about 1,200 of its stores in the U.S. This move comes as the drugstore chain faces challenges like reduced prescription payouts, increased costs, and competition from online retailers and rivals with lower prices. The pandemic boost from COVID-19 vaccinations has also worn

business

Walgreens: Shutting Down Stores to Boost Earnings

October 15, 2024

Walgreens, a well-known drugstore chain, has decided to close 1,200 stores over the next three years. This strategic move is part of the company's efforts to save money and improve its bottom line. Among these closures, 500 stores will shut down by the end of 2025. The company believes this will hel

business

Walgreens to Shut Down 1,200 Stores: A Glimpse into the Struggles of Drugstore Chains

October 15, 2024

Walgreens, a well-known drug store chain, is set to close around 1,200 of its locations by 2027. This move is a response to the challenges they're facing from online competitors and a drop in prescription drug payments. In the next year alone, about 500 stores will close, which is a big jump from th

business

Walgreens to Close Doors: 1,200 Stores Shutting Down by 2025

October 15, 2024

Imagine walking into your local Walgreens store and finding it closed. That's what will happen to 1,200 Walgreens stores across the country by 2025. Why? The company wants to save $1 billion. High inflation and low drug reimbursements are hurting their profits. This year, Walgreens' stock hit a 30-y