Walgreens Chief Executive Rosalind Brewer Steps Down
Rosalind Brewer has stepped down less than three years after taking the helm of the pharmacy operator. Source link
drug stores
CVS to Shed 5,000 Jobs in Cost-Cutting Push
The healthcare giant wants to trim corporate roles and spending on travel and its use of consultants. Source link
Walgreens Lowers Financial Outlook Amid Weaker Retail Consumer Spending
The drugstore chain says it will step up cost-cutting measures and boost the long-term profitability of its healthcare business. Source...
Americans to Be Barred From Buying Ozempic in British Columbia
Provincial health officials urged doctors and pharmacists to make sure people are taking the drug to treat diabetes, not lose...
WSJ News Exclusive | CVS Nearing $10.5 Billion Deal for Primary-Care Provider Oak Street Health
WSJ News ExclusiveHealthThe deal would expand the health insurer and pharmacy chain’s role in medical care Source link
Why Many Cold Medicines Don’t Work to Relieve Congestion
HealthDoctors, pharmacists ask the FDA to stop the sale of versions of Benadryl, Mucinex, Theraflu and Tylenol after studies find...
Walgreens Quarterly Sales Fall on Fewer Prescriptions, Covid-19 Vaccinations
Walgreens Boots Alliance Inc. WBA 5.35% said it is counting on its burgeoning healthcare business to fuel profit growth in...
Walgreens Turns to Prescription-Filling Robots to Free Up Pharmacists
Walgreens WBA 1.56% Boots Alliance Inc. is turning to robots to ease workloads at drugstores as it grapples with a...
CVS Announces Deal to Acquire Home-Healthcare Company Signify
CVS Health Corp. CVS -0.49% is betting $8 billion that the house call is the future of healthcare.The drugstore giant’s...
WSJ News Exclusive | Amazon Among Bidders for Signify Health
Signify uses analytics and technology to help health plans, physician groups and health systems with in-home care. Photo: Shelby Tauber/Bloomberg...
Starbucks, Uber, CVS to Report Earnings Amid Shrinking Economy
About 30% of S&P 500 companies are slated to report earnings in the coming week, according to FactSet. Two Dow...
Walgreens Shifts Into Recession Mode as Covid Boom Fades
Walgreens Boots Alliance Inc. is bracing for a recession and life after Covid. The second-biggest U.S. drugstore chain by stores...
CVS, Walmart and Rite Aid Limit Purchases of Plan B Pills After Surge in Demand
Some of the nation’s biggest retailers are rationing over-the-counter emergency contraceptive pills as demand spikes following the Supreme Court ruling...
WSJ News Exclusive | Kohl’s Enters Exclusive Talks to Be Sold to Vitamin Shoppe Owner
Kohl’s Corp. is in advanced talks to be sold in a deal that could value the department-store chain at roughly...
Baby-Formula Shortage Prompts Rationing at Target, Kroger, Walgreens and CVS
The biggest U.S. retailers are rationing baby formula as a recall by the maker of Similac and other popular brands...
Teva Found Liable for Fueling Opioid Addiction in New York
A jury in New York state found drugmaker Teva Pharmaceuticals Industries Ltd. liable for creating a public nuisance in the...
Walgreens, Walmart and CVS Pharmacies Contributed to Opioid Epidemic, Ohio Jury Finds
A federal jury in Cleveland on Tuesday found that the companies owning CVS, Walgreens and Walmart pharmacies were liable for...
Elizabeth Holmes Trial: Retailers Vetted Theranos Without Testing Devices
SAN JOSE, Calif.—In 2010, Theranos Inc. was courting two major retailers, hoping to put its laboratory technology in busy pharmacies...
$26 Billion Opioid Settlement Among States and Drug Industry Expected This Week
From 1999 to 2019, the nation lost nearly half a million people to overdoses of prescription and illegal opioids. Photo:...
Starbucks, Target Among Companies to Still Mandate Masks in Texas Despite Lift on Covid-19 Restrictions
Some of the biggest U.S. retail, theater, hotel and restaurant chains say they will continue mandating masks and limiting capacity...
