News on Walgreen Company

Healthcare reality from Walgreens (WAG)

2010-03-15T20:00:06Z

Walgreens (WAG) will stop accepting Washington state Medicaid patients at its pharmacies, after the state reduced reimbursement rates.  As a pubic company, they have an obligation to their shareholders NOT to accept loss-generating business from an increasingly belligerent government program.

From the release:
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Walgreen reportedly in drug plan talks with Delta

2010-03-10T10:15:30Z

<div id="subtitle">Reports say Walgreen may offer drugs directly to Delta workers; Walgreen won't confirm talks</div><div><p>Media reports on Wednesday indicated drugstore chain Walgreen Co. is in talks about a plan to offer prescription drugs directly to employees of Delta Air Lines Inc.</p><p>Walgreen and Delta would not con...

Walgreen February sales rise just less than expected

2010-03-03T10:30:44Z

<div><p>CHICAGO (Reuters) - Walgreen Co <WAG.N> said February sales at stores open at least a year rose just 0.4 percent, crimped by a lower incidence of the flu versus a year earlier.</p><p>The rise was nearly in line with the 0.5 percent increase analysts had anti...

Weak Walgreen sales may prompt analyst reviews

2010-03-02T14:01:58Z

<div><p>CHICAGO (Reuters) - Top U.S. drugstore chain Walgreen Co <WAG.N> is expected to post a third month of weak sales when it issues February data on Wednesday, which could put pressure on its shares and lead some analysts to review their profit expectations.</p><p&...

Walgreen combines pharmacy, wellness divisions

2010-03-01T14:15:15Z

<div id="subtitle">Walgreen Co. restructures health care and wellness unit, combines with pharmacy operations</div><div><p>Drugstore chain operator Walgreen Co. said Monday that it is restructuring its health care division to integrate sales efforts for both its pharmacy and wellness services operations.</p><p>Under the new structure, the company is unifying its sales teams for both its health and...

Duane Reade shoppers hope chain keeps identity

2010-02-22T08:59:30Z

<div id="subtitle">Duane Reade customers surprised by Walgreen deal, hope chain keeps NYC identity</div><div><p>Named after two downtown city streets 50 years ago, Duane Reade is ubiquitous in parts of New York City yet exists nowhere else.</p>...

Deere, Walgreen, ArvinMeritor are big movers

2010-02-22T09:11:14Z

<div id="subtitle">Deere, Walgreen, ArvinMeritor, Whole Foods, OfficeMax among big market movers Wednesday</div><div><p>Stocks that moved substantially or traded heavily Wednes...

Walgreen buying NYC market leader Duane Reade

2010-02-22T09:00:01Z

<div id="subtitle">Walgreen to buy drugstore chain Duane Reade, leapfrogging into the lead in NYC metro area</div><div><p>Walgreen Co. is looking to make itself an instant success in New York City — where the nation's largest drug store chain has until now b...

Drugstore Chain Walgreens To Buy Duane Reade

2010-02-17T12:46:26Z

HOMESTEAD, FL- FEBRUARY 17:The entrace to a Walgreens store is seen on February 17, 2010 in Homestead, Florida. Today, Walgreen Co. announced plans to buy another drug store company, Duane Reade, for $618 million in cash. (Photo by Joe Raedle/Getty Images)

Summary Box: Walgreen will buy Duane Reade

2010-02-22T09:01:51Z

<div id="subtitle">Walgreen offersv to buy Duane Reade to become biggest drugstore chain in New York City</div><div><p>BE A PART OF IT: Walgreen Co. is buying Duane Reade, the biggest drugstore chain in New York City. Walgreen is paying $623 million for the ...

Walgreen to buy NYC drugstore operator Duane Reade

2010-02-22T09:05:31Z

<div id="subtitle">Walgreen is buying drugstore operator Duane Reade, would add 257 stores in NYC metro area</div><div><p>Walgreen Co. said Wednesday it has agreed to buy the drugstore operator Duane Reade in a move that will more than quadruple the number o...

S. Calif. police trying to ID head found in desert

2010-02-22T09:04:53Z

<div id="subtitle">S. California police trying to identify severed head found in backpack in desert</div><div><p>Police in Southern California are trying to identify a human head that was found inside a backpack in the San Bernardino County desert.</p><p>Police says a man collecting cans f...

Comparing drugstore results from late 2009

2010-02-22T10:46:18Z

<div id="subtitle">Top US drugstores all reported sales growth in their latest quarters</div><div><p>CVS Caremark Corp. reported its quarterly results Monday. Here's how its latest quarter compares with its two biggest rivals.</p><p>In the fourth quarter ended Dec. 31, CVS Care...

Walgreen says key sales figure fell in January

2010-02-22T12:12:01Z

<div id="subtitle">Walgreen says sales at stores open a year slipped in January, but total sales grew</div><div><p>Drugstore chain Walgreen Co. said Wednesday that a key sales measure fell in January, although the company's total sales rose as it continued to open and buy more stores.</p><p>Sales at Walgreen's stores that have been open at least a ye...

Walgreen falls on weak January sales measure

2010-02-22T12:15:46Z

<div id="subtitle">As key sales figure slips at Walgreen, analysts say shoppers may be choosing other stores</div><div><p>Shares of Walgreen Co. dropped Wednesday after the drugstore operator surprised Wall Street by reporting that a key figure — sales at its stores that have been open at least a year — fell in January.&...

Walgreen will buy 3 El Amal stores in Puerto Rico

2010-02-22T16:29:38Z

<div id="subtitle">Walgreen says it will buy 3 El Amal drugstores and gain prescription files for 11 others</div><div><p>Drugstore operator Walgreen Co. said Friday it is buying three pharmacies in Puerto Rico from the El Amal chain, and will buy the prescription files of 11 other stores.</p><p>Wa...

Walgreen sees strong exit from downturn

2010-02-22T20:46:49Z

<div><p>CHICAGO (Reuters) - Walgreen &lt;WAG.N&gt; should emerge from the downturn in an even stronger position, the company told investors at its annual meeting on Wednesday.</p><p>The largest U.S. drugstore chain hopes that initiatives such as its re...

Walgreen December Sales

2010-01-06T11:45:58Z

FILE - In this file photo made Sept. 1, 2009, Tami Iuliucci, right, Walgreens employee, talks to a customer, Craig Perlmutter, of Brooklyn, about the Walgreens flu shot program in Manhattan,

Walgreen says key sales reading fell in December

2010-02-23T00:33:14Z

<div id="subtitle">Walgreen says key sales measure fell as it offered fewer seasonal items and shoppers cut back</div><div><p>Walgreen Co. says shoppers bought fewer holiday items in December compared with a year earlier, and it carried fewer seasonal products, both of which weakened a key sales measure for the drugstore chain.</p><p>Walgreen said sa...

Walgreen posts surprise drop in same-store sales

2010-02-23T00:41:00Z

<div><p>CHICAGO (Reuters) - Walgreen Co &lt;WAG.N&gt; said sales at its drugstores open for at least a year fell 0.3 percent in December instead of rising as Wall Street had expected, as fewer customers cam...