Walgreens Boots Alliance news

South Korean retail giant Emart is slimming down operations by closing unprofitable stores, including 18 Boots branches. A response to weak earnings The company logged KRW161bn in operating profit during the first three quarters, down by 60% from previous year. Whilst its hypermarkets and supermarkets are showing signs of recovery with improved same-store sales growth, specialty stores post...

Building on their existing collaboration, Kroger and Walgreens will join forces to source a number of products together, through a joint venture called Retail Procurement Alliance. Aim to deliver cost savings and increase efficiencies  By identifying any overlap in the products they both merchandise, the new group purchasing organisation (GPO) aims to increase purchasing efficiencies as the...

Walgreens Boots Alliance  has partnered with PT Mitra Adiperkasa Tbk (MAP), a leading lifestyle retailer in the market, in its latest push of interrnational expansion. Both companies contribute competitive advantages to the partnership Stores are due to open in the second half of 2020. The partners have not revealed the scale of their long-term ambition in the market. V.P. Sharma, Grou...

Walgreens set to expand its estate of small format stores, announces partnership with Jenny Craig to launch shop-in-shop formats and appoints new chief marketing officer and senior vice president. Expanding its small format store estate Walgreens has announced plans to open over 30 'small store' wellness-focused pharmacies, which will predominately be positioned in urban areas of the US. ...

Walgreens Boots Alliance reported 4.1% sales growth to $136.9bn, and a 20.5% decline in operating income to $5bn for the full year to 31st August 2019. WBA: mixed results for FY2019 Walgreens Boots Alliance reported 4.1% sales growth to $136.9bn for the full year to 31st August 2019. The result follows a positive sales growth performance for FY2018 , where the business achieved 11.3% g...

Walgreens has partnered with delivery company, Postmates, to launch a new on-demand delivery solution to shoppers in NYC. Boosting the convenience offer Walgreens has partnered with delivery company, Postmates, to launch a new on-demand delivery solution to shoppers in New York City. Shoppers will benefit from more convenient delivery solutions across hundreds of products within the Walg...

Walgreens is set to partner with FedEx and Alphabet-owned start-up, Wing, to trial a new drone delivery service. Delivering more convenient solutions Walgreens is set to partner with FedEx and Alphabet-owned start-up, Wing, to trial a new drone delivery service. Trials are scheduled to start in Christiansburg, Virginia in October. Customers in the region will be able to order food, bever...

Walgreens Boots Alliance appoints Francesco Tinto as its new global chief information officer. Francesco Tinto, global chief information officer Walgreens Boots Alliance has appointed Francesco Tinto as its new global chief information officer. Tinto joins the business from Kraft Heinz where he has acted as chief information officer since July 2015. In his new role Tinto will be respo...

Following the launch of a pilot programme, Kroger Express, last October, Kroger and Walgreens are expanding their strategic partnership. In a major development, this will include offering some of Walgreens’ health and beauty ranges at Kroger’s stores. Is marriage the next step in the relationship? Multi-faceted trading retail partnership Last year, Kroger and Walgreens launched a new stor...

Walgreens Boots Alliance appoints Lynn Ritson as its new global digital director. Lynn Ritson, global digital director Walgreens Boots Alliance appoints Lynn Ritson as its new global digital director. The move comes as the business looks to enhance its digital capabilities with focus on providing seamless communication across all channels. Ritson joins the business from Cath Kidston...