Walgreens Boots Alliance news

09 January 2020
Walgreens Boots Alliance reported sales of US$34.3bn, up 1.6% in the first quarter ending November 30th 2019 (+2.3% at constant currency). Operating income declined sharply, down 27.6% to US$1bn. Executive Vice Chairman and CEO Stefano Pessina described the performance as “soft”, but reiterated that the business remained confident in its long-term strategy.   Challenging conditions dampen ...
07 January 2020
Boots has formed a three year partnership with Public Health England to encourage one million people to take action to improve their health. New year, new you The Reboot Quiz is the partners' first initiative, launched in January 2020. This asks users questions on how they are feeling, eating, drinking, moving and smoking before providing a personalised wellness score out of ten. They can t...
17 December 2019
Mothercare UK has announced that Boots is to become the exclusive franchisee for Mothercare brand products in the UK, allowing the baby goods retailer to maintain a physical presence after the closure of its own stores. The retailer appointed administrators in November. Range to be offered in larger Boots stores and online Under the terms agreed between the parties, Boots will stock Motherc...
13 December 2019
South Korean retail giant Emart is slimming down operations by closing unprofitable stores, including 18 Boots branches. A response to weak earnings The company logged KRW161bn in operating profit during the first three quarters, down by 60% from previous year. Whilst its hypermarkets and supermarkets are showing signs of recovery with improved same-store sales growth, specialty stores post...
11 December 2019
Building on their existing collaboration, Kroger and Walgreens will join forces to source a number of products together, through a joint venture called Retail Procurement Alliance. Aim to deliver cost savings and increase efficiencies  By identifying any overlap in the products they both merchandise, the new group purchasing organisation (GPO) aims to increase purchasing efficiencies as the...
11 November 2019
Walgreens Boots Alliance  has partnered with PT Mitra Adiperkasa Tbk (MAP), a leading lifestyle retailer in the market, in its latest push of interrnational expansion. Both companies contribute competitive advantages to the partnership Stores are due to open in the second half of 2020. The partners have not revealed the scale of their long-term ambition in the market. V.P. Sharma, Grou...
05 November 2019
Walgreens set to expand its estate of small format stores, announces partnership with Jenny Craig to launch shop-in-shop formats and appoints new chief marketing officer and senior vice president. Expanding its small format store estate Walgreens has announced plans to open over 30 'small store' wellness-focused pharmacies, which will predominately be positioned in urban areas of the US. ...
29 October 2019
Walgreens Boots Alliance reported 4.1% sales growth to $136.9bn, and a 20.5% decline in operating income to $5bn for the full year to 31st August 2019. WBA: mixed results for FY2019 Walgreens Boots Alliance reported 4.1% sales growth to $136.9bn for the full year to 31st August 2019. The result follows a positive sales growth performance for FY2018 , where the business achieved 11.3% g...
08 October 2019
Walgreens has partnered with delivery company, Postmates, to launch a new on-demand delivery solution to shoppers in NYC. Boosting the convenience offer Walgreens has partnered with delivery company, Postmates, to launch a new on-demand delivery solution to shoppers in New York City. Shoppers will benefit from more convenient delivery solutions across hundreds of products within the Walg...
24 September 2019
Walgreens is set to partner with FedEx and Alphabet-owned start-up, Wing, to trial a new drone delivery service. Delivering more convenient solutions Walgreens is set to partner with FedEx and Alphabet-owned start-up, Wing, to trial a new drone delivery service. Trials are scheduled to start in Christiansburg, Virginia in October. Customers in the region will be able to order food, bever...