Walgreens is laying off more than 600 employees in two states as it continues reshaping operations under private equity ownership, Bloomberg reported Feb. 19. The company will reduce its Illinois ...

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Walgreens eliminated six paid holidays for hourly workers after being bought by private equity firm Sycamore Partners. The cuts hit low-wage pharmacy workers hard, with some managers losing more than ...

Walgreens has eliminated six paid holidays for hourly store workers after being acquired by a private equity firm later this year. The holiday pay elimination is a cost-cutting move, the company said.

Walgreens Boots Alliance — which grew from humble beginnings in Chicago into one of the nation’s largest retail pharmacy chains — has officially become a private company, with private equity firm ...

Private equity firm Sycamore Partners finalized its acquisition of retail pharmacy giant Walgreens and plans to split the company up into five separate businesses. Walgreens, The Boots Group, Shields ...

Walgreens is officially privately held with a new chief executive who formerly ran Staples following the closing of the company’s $10 billion sale to private equity firm Sycamore Partners, the compny ...

Walgreens has agreed to be taken private for $11.45 per share. The deal has been approved by shareholders, and the stock is trading for slightly more than the takeover price. There's a nuance to the ...

Walgreens is a large pharmacy retailer that has been struggling after making several bad strategic bets. The company was forced to cut its dividend in 2024 and subsequently suspend it in 2025. There's ...

Walgreens is closing more than 20 stores this month as the drug store giant looks to boost revenue and shutter underperforming locations. The closures arrive after Walgreens announced in October it ...

The store closures are part of an attempted turnaround for the company, which has struggled with declining profits. In the last quarter of fiscal year 2024, Walgreens lost $3 billion. When CEO Tim ...

Walgreens locations in Raleigh and Durham are closing soon. Becky Purser The Telegraph Walgreens is closing more stores in Raleigh and Durham soon as part of the company’s response to larger business ...