| 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...
| Sep 3, 2014
| 3:45 AM
The nation's No. 2 drugstore operator has finally kicked the habit.
CVS plans to announce Wednesday that it has pulled all remaining cigarettes, cigars, smokeless tobacco and other tobacco products from each of its 7,700 pharmacies nationwide.