Skip to main content

WALGREENS

  • Deal complete, McKesson owns more than 75% of Celesio

    SAN FRANCISCO — McKesson on Thursday confirmed that it has completed the previously announced agreement with Franz Haniel & Cie. GmbH to acquire their entire holding of Celesio shares. McKesson also confirmed it has completed the previously announced agreement with an affiliate of Elliott Management to acquire Celesio convertible bonds.  

    McKesson now exceeds 75% ownership of Celesio shares on a fully diluted basis.

  • January sales up 3.7% at Walgreeens

    DEERFIELD, Ill. — Walgreens on Wednesday posted January sales of $6.4 billion, an increase of 3.7% compared with the year-ago period.

    Total front-end sales increased 2.4% compared with the same month in fiscal 2013, while comparable store front-end sales increased 1.6%. Customer traffic in comparable stores decreased 2.2% while basket size increased 3.8%.

  • GSK, Walgreens launch Sponsorship to Quit, a free online quit-smoking program

    PARSIPPANY, N.J. — GlaxoSmithKline Consumer Healthcare and Walgreens on Wednesday teamed up to launch Sponsorship to Quit, a free online quit-smoking program that smokers can personalize with customized tools and tips during their journey to quit. 

  • Walgreens offers free blood-pressure testing in support of American Heart Month

    DEERFIELD, Ill. — In support of American Heart Month, Walgreens is offering free blood-pressure testing at all of its pharmacies and Healthcare Clinics throughout the month of February, the retailer announced Monday.

  • McKesson, Celesio deal brings the number of generic titans to three

    If you don't succeed the first time, try, try again. That's exactly what McKesson did when it announced that it reached an agreement with Franz Haniel & Cie. GmbH to acquire its entire holding of Celesio shares. And in a separate and subsequent agreement, McKesson also picked up the Celesio convertible bonds from Elliott.

  • Cardinal Health posts Q2 revenues of $22.2 billion, increases outlook for fiscal year

    DUBLIN, Ohio — The loss of the Walgreens contract was a key consideration in Cardinal Health's 12% decline in overall revenue for the company's second quarter 2014, George Barrett, Cardinal Health chairman and CEO, told analysts Thursday morning. Revenue totaled $22.2 billion. The loss of the Walgreens contract totaled $5 billion. 

    But Cardinal Health is bullish regarding its future. Cardinal Health increased its outlook for the next six months, raising its non-GAAP EPS range to $3.75 to $3.85. 

  • Walgreens promotes teen health advocacy and awareness through Expressions Challenge

    CHICAGO — In January, Walgreens recognized students, teachers and their schools for their leadership in teen health advocacy and awareness. Students, teachers and schools were awarded more than $28,000 for their contributions to the Expressions Challenge, Walgreens stated. 

  • Walgreens discusses digital transformation at recent I Heart APIs conference

    SAN JOSE, Calif. — Apigee recently hosted Tim McCauley, Walgreens’ senior director of mobile commerce, and Joe Rago, a senior product manager at Walgreens, to discuss Walgreens' digital transformation and API strategy during the organization's I Heart APIs conference.

    Apigee made the video of the presentation available in a blog on Wednesday. 

X
This ad will auto-close in 10 seconds