| 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...
| Apr 23, 2014
| 10:00 PM
Letters to the editor from Naperville, Westchester, Wheaton and Lombard.
Racism in the U.S.
The definition of "racism" refers to actions or beliefs that consider certain races to be inherently superior or inferior to each other. Some arguments against...
| Jun 11, 2014
We learn as children that doing the right thing often comes at a cost. For businesses, there's an actual ledger.
If the proverbial road to hell is in fact paved with good intentions, executives with publicly held companies fear the Street will kick them...
| 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...
| Mar 25, 2014
| 7:57 AM
Walgreen Co., the nation’s largest drugstore chain, said it will close 76 unprofitable stores around the country in the second half of the fiscal year.
The Deerfield, Ill., company has 8,210 stores nationwide, or 138 more than a year ago. Of...
| Mar 25, 2014
| 10:09 AM
Stocks were mixed Tuesday morning despite a better-than-expected consumer confidence report and some positive earnings news.
At 9:35 a.m. PDT, the broad S&P 500 index was ahead 0.1%, the Dow was up 0.3% and the Nasdaq was down 0.2%.
| May 6, 2014
| 9:40 AM
Alliance Boots GmbH, the European pharmacy retailer and wholesaler owned in part by Walgreen Co., said Tuesday it has agreed to acquire some 1,400 drugstores in Mexico and Chile, marking its first major move into Latin America.
Alliance said it hopes to...
| Apr 28, 2014
| 6:52 PM
If your back aches or your ankle swells, managers of a Columbia-based company want you to forgo the ice pack and grab a TheraPearl instead.
The maker of therapeutic pearl-filled packs that can be chilled in the freezer or heated in the microwave want...
| Apr 14, 2014
| 8:18 PM
In a twist on economic globalization less obvious than moving factories overseas, a small but growing number of corporations have relocated headquarters to Europe to escape the 35 percent tax on U.S. profits, the highest in the developing world.
| Feb 5, 2014
| 4:00 AM
WASHINGTON — CVS Caremark, the nation’s second-largest drugstore chain, plans to stop selling cigarettes and other tobacco products at its more than 7,600 retail stores by Oct. 1, a landmark decision that would make it the first national...
| Feb 5, 2014
| 12:21 PM
The landmark decision by CVS Caremark on Wednesday to halt tobacco sales at its 7,600 U.S. drugstores by Oct. 1 ratchets up pressure on its larger rival, Deerfield-based Walgreen Co., to follow suit.
CVS, the nation’s No. 2 drugstore chain, said...