| May 26, 2014
| 1:57 PM
Memorial Day is in the rear-view mirror, but here's one more thing to remember:
American chief executives make too darn much money.
I'm not saying that you shouldn't reward a person for a job well done. But many CEOs now pull down so much more than...
| Jul 22, 2014
| 8:57 AM
Illinois Sen. Dick Durbin on Tuesday urged Walgreen Co. to reconsider a possible move of its headquarters to Switzerland to lower its U.S. tax bill.
In a letter to Walgreen Chief Executive Gregory Wasson, Durbin said the company could face a backlash...
| Jul 3, 2014
| 6:10 AM
Walgreen Co. sales rose 8.9 percent last month, driven by prescriptions.
The Deerfield-based company, the nation’s largest drug store chain, reported sales of $6.28 billion in June compared to $5.77 billion last year. Sales in stores open at least...
| Jul 10, 2014
The investment arm of Chicago's billionaire Crown family has thrown its weight behind a New York-based activist hedge fund in its calls for retailer PetSmart to sell itself, a rare public rebuke of a company the family invests in.
In a Monday letter...
| Jun 24, 2014
| 11:59 AM
Just a hop and a skip from what will soon be known as the “old Walgreens” on North Michigan Avenue, a flagship store for the nation's largest drugstore chain opens Wednesday in the Wrigley Building, complete with sushi, frozen yogurt and a...
| Jun 24, 2014
| 8:06 AM
Walgreen Co. on Tuesday withdrew its profit goals for its 2016 fiscal year, citing unforeseen pressure in its pharmacy operations and a lack of clarity on the final structure it will take following its expected purchase of European drug giant Alliance...
| Jun 17, 2014
| 2:51 PM
TheraPearl, a rapidly growing Columbia-based manufacturer of therapeutic hot and cold packs, has been acquired by Performance Health Inc., an Akron, Ohio-based manufacturer and marketer of wellness and rehabilitation products.
Terms of the deal were...
| Jun 18, 2014
| 5:00 AM
Walgreen Co. on Wednesday took another step on its path from retail pharmacy to health care company with a new pact to provide expanded services to patients in Arizona.
The Deerfield-based pharmacy chain’s pharmacists and nurse practitioners will...
| Jun 4, 2014
| 11:56 AM
Shares of Walgreen Co. hit a 52-week high in intraday trading Wednesday after the company reported same store sales that beat Wall Street’s expectations for the fourth month in a row.
The Deerfield-based company said sales in stores open at least...
| Sep 3, 2014
| 2:34 PM
This week, all CVS pharmacies stopped selling cigarettes and other tobacco products. It was a brave, moral decision that may cost the company financially — but may gain it a lot of customer trust. Other drugstore chains ought to follow suit and make...
| Sep 4, 2014
| 9:30 AM
Walgreens said Thursday that its sales rose 6.2 percent in the fourth quarter, driven largely by pharmacy sales.
Sales reached $19.06 billion, in line with Wall Street’s estimates. Sales in stores open at least a year -- a key gauge of retailer...