Two months after filing for Chapter 11 bankruptcy protection, Brooklyn, N.Y.-based Medly Pharmacy is selling its pharmacy assets to Walgreens for $19.35 million.
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.
