We review Walgreens Boots Alliance’s Q4 and 2023 fiscal year results, outlining key highlights from the US and International segment. Performance by divisions In the fourth quarter, WBA reportedsales increased by 9.2% to US$35.4 bn, up 8.3% on a constant currency basis. In its 2023 fiscal year, sales increased 4.3% to US$139.1 bn, up 5.6% on a constant currency basis. Finally operating loss...

Boots has dropped its plans to launch its own marketplace as it focuses on other initiatives, such as its dropship programme. Meanwhile, the retailer is rolling out shoppable social media ads as part of a new value campaign. Previous plans to launch a marketplace In 2022, Boots announced plans to launch an online marketplace to enable third-party brands of any size to list their products on...

Walgreens Boots Alliance’s CEO, Roz Brewer, has steeped down from her position, with Ginger Graham, the current lead independent director appointed as interim CEO. Ms. Brewer has agreed to continue advising the company as it searches for a permanent CEO. Strong retail leader Roz Brewer’s departure was unexpected. She joined the company in 2021 having held senior leadership roles at Walmart ...