Walgreens Boots Alliance news

Walgreens Boots Alliance announced the completion of the joint venture agreement with Mckesson Corporation and appointed former senior advisor of the White House to its board of directors. German wholesale joint venture completed WBA and Mckesson announced the finalisation of their previously announced joint venture agreement that looks to combine both their pharmaceutical wholesale busines...

Boots is launching its brand new COVID-19 testing service available in-store with results delivered in just 12 minutes. Specifically offered to those without COVID-19 symptoms to offer peace of mind and enable travel. New initiative for faster COVID-19 results turnaround Boots announced in the next few weeks it will be launching its new LumiraDx devices to selected stores. The device will b...

Walgreens Boots Alliance FY20 results highlighted resilient performance from its USA pharmacy and retail division while its International division’s performance impacted by weak store sales at Boots UK.   Performance on the divisions Walgreens Boots Alliance reported revenue growth of 2% to US$139.5bn (2019: US$136.87bn) and a decrease in operating profit by 73.7% to US$1.3bn (2019: US$5bn)...

Walgreens has announced it is ending its Balance Rewards program and launching a new loyalty program, myWalgreens. ‘Save money, stay healthy and save time’ The partnerships with Adobe and Microsoft has led to more personalised shopping experience and as part of the next phase of driving a more customer-centric approach, Walgreens has announced the launch of its new loyalty program, myWalg...

Boots is introducing its ‘much anticipated’ Mothercare range in stores and launches its new recycling scheme, which allows shoppers to receive rewards for recycling products.  Expanding its baby and toddler offerings Boots has launched a virtual tour of its baby and toddler offerings in-store that showcases the new Mothercare range. The range launched online on September 25 th and will be ...

L’Oréal has announced it is introducing make-up recycling bins in Tesco, Boots, Sainsbury’s, and Superdrug. It has also launched 100% recycled and recyclable bottle packaging.  ‘Make-up, not Make Waste’ campaign L’Oréal has teamed up with TerraCycle to launch its make-up recycle bins across 1,000 UK stores to help customers dispose of old makeup packaging in an eco-friendly way. These bins ...

Walgreens Boots Alliance announces new vice president of global insight and Boots UK names new chief information officer.   WBA’s new VP of global insight drives digital transformation The drugstore chain announced Cecilia Wu as its new vice president of global insights. Previously, Wu worked for Walmart as vice president of customer science where she focused on data-driven capabilities for...

The drugstore announced it is adding MAC cosmetics to its premium beauty line to be sold in-stores and online. Expanding its premium brand offerings Boots launched MAC cosmetics on its online platform and in 100 Boots stores in the UK and Ireland. The drugstore seeks to expand its offerings in premium beauty as it previously secured partnerships with other premium brands such as Rihanna’s F...

Walgreens Boots Alliance has announced changes to its team and is expanding its delivery service. Stefano Pessina steps down as CEO   Stefano Pessina has announced he is stepping down from his role as CEO of Walgreens Boots Alliance, six years after leading the merger of Walgreens and Alliance Boots in 2015. He continues to remain the largest stakeholder in the company with a 17% stake. ...

Walgreens Boots Alliance reported sales increase by 0.1% to US$34.6 billion for the third quarter ending 31 st May 2020 (1.2% on a constant currency basis). Adjusted operating income declined by -46.5% to US$919 million on a reported basis and down -46.4% on a constant currency basis.  Boots UK affected the most by COVID-19 WBA reported approximately US$700 million to US$750 million cost t...