WALGREENS

In late December, CVS and Rite Aid instituted product limits as cases of COVID-19, flu and RSV ticked up, amid a scarcity of OTC children’s pain relief products at certain retail locations, including Walgreens.

CVS fulfilled its commitment in December 2022, and Walgreens fulfilled its commitment this month to source 100% cage-free eggs nationally.

For the first quarter, sales decreased 1.5% year-over-year to $33.4 billion, while adjusted EPS decreased 30.8% to $1.16, down 29.9% on a constant currency basis. 

As cases of COVID-19, flu and RSV tick up, amid a scarcity of OTC children’s pain relief products at certain locations, retailers have begun to institute product limits.

Following guidance from the CDC and FDA, Walgreens, Rite Aid and Bartell Drugs are beginning to offer the updated COVID-19 bivalent vaccine to children aged 3 and older.

The new app is designed to temporarily improves patients’ quality of life and helps caregivers deliver more effective care with ease.

Test results are provided within two hours to help guide treatment decisions and prevent the spread of respiratory illness.

CVS will pay $5 billion, and Walgreens will pay $5.7 billion.

Walgreens Boots Alliance’s ownership of AmerisourceBergen’s common stock decreased from approximately 20% to 17%.

This initiative is the latest offering in an ongoing collaboration with Walgreens, DoorDash and Uber.

The merchandising event will take place on Feb. 22 and focus on products across grocery and household, apparel, beach, tourism and general merchandise, among other categories.

Customers can order from Walgreens.com or the Walgreens app and receive an assortment of goods in as little as one hour.