Walgreens Boots Alliance news

Alliance Boots takeover strengthens Q4 results WBA has seen year-on-year Q4 results increase by an impressive 49.7% to $28.5bn, largely attributed to by the takeover of Boots Alliance last year. In the same quarter, the net synergies between the two companies came to $81m. Net earnings attributable to Walgreens were $26m, a significant step-up on the $221m loss in the same quarter the previous...

Walgreens Boots Alliance has entered into an agreement to acquire US based Rite Aid, the country’s third largest drugstore operator. Deal solidifies leading drugstore position in the US Under the terms of the deal, Walgreens Boots Alliance will acquire Rite Aid for $17.2bn, significantly growing the scope of its US operations. With a turnover of $26.5bn in 2014, and operating over 4,500 st...

Boots is currently conducting a three-month pilot of its new personalised discount scheme entitled My Boots Value in 103 stores across the Bristol area. How does the scheme work? The scheme is available to all permanent Advantage Card holders. Participants select five brands online from a list of 40 and subsequently receive a 10% discount on the in-store purchase of all products with...

This autumn, a new scheme drawn up by NHS England is set to be rolled out, giving pharmacies more responsibility regarding patient care as a result of access to medical records. New scheme supports NHS efficiency cuts NHS England has designed this scheme to relieve pressure on GPs, while transferring more responsibility - and opportunities to look after patients' health - to pharmac...

As Walgreens Boots Alliance (WBA) unveils strong Q3 results, we look at how the business is going global and building on its vertical integration strengths. Q3 results further validate the decision to merge The business performed well in the third quarter. US retail pharmacy same store sales growth of 6.3% (5.3% growth in total) certainly stood out, with purer pharmacy sales ahead of n...

Diverse range of formats As a major business hub and tourist destination, New York is a city of people constantly on the move and with very different needs. Commuters, tourists and residents all have to be catered for. Given this diversity it is unsurprising that an equally diverse range of store formats and propositions have developed in the city. This includes supermarkets, discount store...

Leading UK health & beauty retailer Boots has agreed a multi-platform link-up with major parenting website Netmums.  Launched this week, the deal aims to create an integrated partnership to combine content and expertise across the Netmums brand online, on social media, on mobile and in Boots stores. Targeting Boots expertise to eight million monthly Netmums visitors The value of this part...

Walgreens Boots Alliance (WBA) ran a two day event in the US to highlight how the newly merged group is operating in 2014/15 and how it envisages its strategy evolving to enable it to win in the longer term. We spotlight four key areas that stood out from the two days of presentations. 1. Creating a global pharmacy-led health and well-being company As part of an introduction to the first da...

Walgreens Boots Alliance (WBA) has announced its second quarter and first half year results, its first since the takeover of Boots by Walgreens, saying that the inclusion of Alliance Boots for January and February had, for the quarter, driven net sales by 35.8% to US$26.6 billion. For the first six months of the financial year WBA said that net sales had risen by 21.6% to US$46.1 billion. By div...

Having completed its acquisition of Alliance Boots last December, Walgreens has recently extended the range of Boots’ private brands which are available in its stores in the US. First range introduced in 2013 Prior to the closing of this deal, the two retailers have been working closely together on improving their retail operations. Walgreens initially acquired a 45% stake in Alliance Boots...