drugstore

Walgreens Boots Alliance Inc. (NASDAQ:WBA) rose over 7% in premarket on Tuesday as it is on the verge of finalizing an agreement with private-equity firm Sycamore Partners to take the drugstore chain private. What Happened: The deal is approximately valued at $10 billion, according to a report by...

Walgreens Boots Alliance Inc (NASDAQ:WBA) shares are falling in extended trading Thursday after the company suspended its quarterly dividend. What Happened: After the market close on Thursday, Walgreens announced its board is suspending its cash dividend as management continues to evaluate its...

The business of chain drugstores has been a veritable model for how just about any retail business should envision itself. Over the past 75 years, chain drugstores have seen staggeringly consistent growth while becoming an increasingly pervasive part of America's cultural landscape. With...