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A palm tree is reflected in the window of a Walgreens pharmacy in Los Angeles, Friday, March 10, 2023. Walgreens is chopping its dividend nearly in half as the drugstore chain looks to strengthen its balance sheet. The health care giant said Thursday, Jan....
Walgreens is not alone in struggling to grow its U.S. retail pharmacy business.In October, Rite Aid said it planned to shutter 154 stores nationwide as part of its bankruptcy filing, which came amid slumping sales and mounting opioid-related lawsuits. And CVS Health said earlier this month ...
Jerominski, who is apharmacy labor advocate, said organizers still don't have a definitivecount of employees who will participate in the effort. But he noted that the "bulk" of those who have signaled they plan to walk out are staff from Walgreens — wholaid the groundworkfor the initiati...
SIMI VALLEY (CBSLA.com)— A man donning a Halloween mask stole prescription drugs from a Walgreens pharmacy in Simi Valley over the weekend. Police said the suspect entered the store at 2416 Cochran Street shortly before 5:30 p.m. Oct. 19, walked around and then put on a mask. ...
Wentworth said the company’s plan could include the closing of a “significant portion” of those 2,100 stores. Advertisement “We are at a point where the current pharmacy model is not sustainable and the challenges in our operating environment require we approach ...
Walgreens pharmacy store (REUTERS/Mohammad Khursheed)(Reuters) SAN FRANCISCO MAYOR, POLICE CHIEF PROMISE CRACKDOWN ON SHOPLIFTING: ‘WE ARE BETTER THAN THIS’ "Organized retail crime continues to be a challenge facing retailers across San Francisco, and we are not immune to that," the spokesperson...
Gavin Newsom declaring last month the state was done doing business with the pharmacy giant after it indicated it would not sell abortion pills by mail in some states. "California won’t be doing business with @Walgreens -- or any company that cowers to the extremists and puts women’s ...
Competing pharmacy chain CVS increased its minimum hourly wage to $15 earlier this month. CVS said that about 65% of its hourly workers already make more than $15/hour.Other companies are also hiking wages as applicants become more discerning. McDonald’s announced in May that entry-level ...
Documentarian Michael Moore leads the boycott against Walgreens following the pharmacy chain refusing to sell abortion pills in 21 states.