Shares of Walgreens Boots Alliance dropped 10% Friday, after the pharmacy chain suspended quarterly dividends, citing the need for cash amid litigation and turnaround efforts. The Justice ...

Walgreens suspends its quarterly cash dividend as part of the company's broader turnaround strategy. Walgreens expects the move to strengthen the company's balance sheet by reducing debt over time ...

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The improving retail pharmacy business of Walgreens Boots Alliance and comments from the company’s ... [+] chief executive seem to be convincing Wall Street the drugstore chain is unlikely ...

Walgreens started last year by cutting the quarterly dividend nearly in half. The company slashed the payout to 25 cents from 48 cents after spending about $1.7 billion on cash dividends in fiscal ...

The U.S. Department of Justice this week filed a lawsuit against Walgreens, alleging the company knowingly filled illegal prescriptions with no medical purpose, including opioids. Walgreens is ...

Locking up store merchandise can deter shoplifters and paying customers alike, according to Walgreens. The pharmacy chain's CEO Tim Wentworth said in Walgreens Boots Alliance's first-quarter ...

More Walgreens locations have closed or are closing — including one in Florida — as part of the company's plans to shutter more than 1,000 stores. Walgreens announced in 2024 it would be ...

Walgreens is continuing to close stores as part of its turnaround plans. The thinning of Walgreens locations has been in the works. Walgreens said in October 2024 it planned to close about 1,200 ...