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Fortune Archives: The roots of Walgreens’ woes
Newsletters
Fortune Archives: The roots of Walgreens’ woes
By Phil WahbaJune 29, 2025
Walgreens’ lost decade: How M&A mania and retail neglect shrunk a $100 billion giant to a $10 billion private equity gamble
Features
Walgreens’ lost decade: How M&A mania and retail neglect shrunk a $100 billion giant to a $10 billion private equity gamble
By Phil WahbaJune 17, 2025
A 22 year old died after the price of his inhaler went up by $500. Now his parents are suing Walgreens and Optum Rx
Health
A 22 year old died after the price of his inhaler went up by $500. Now his parents are suing Walgreens and Optum Rx
By Todd Richmond and The Associated PressFebruary 5, 2025
Woman waiting in line at Walgreens near refrigerators
Retail
Walgreens replaced its refrigerator doors with digitized ad-laden glass. It might become a $200 million debacle
By Sydney LakeJanuary 17, 2025
A Walgreens store exterior with people walking by on the street
Retail
Walgreens CEO describes drawback of anti-shoplifting strategy: ‘When you lock things up…you don’t sell as many of them’
By Hallie SteinerJanuary 14, 2025
Walgreens to close 1,200 stores over next three years
Health
Walgreens to close 1,200 stores over next three years
By Chris MorrisOctober 15, 2024
Bilt Rewards expands to health care with a novel Walgreens partnership
Newsletters
Bilt Rewards expands to health care with a novel Walgreens partnership
By Diane Brady and Joey AbramsAugust 26, 2024
Photo of Brian Moynihan
Retail
Bank of America CEO says stretched consumers are turning into nation of bargain hunters and companies are cutting price to respond
By Christiaan HetznerAugust 12, 2024
CVS, Walmart and Walgreens-brand Mucinex may contain potent carcinogen benzene
Health
CVS, Walmart and Walgreens-brand Mucinex may contain potent carcinogen benzene
By Anna Edney and BloombergAugust 12, 2024
Walgreens shoppers are so fed up with prices it’s forcing the chain to close a ‘significant’ number of stores
Finance
Walgreens shoppers are so fed up with prices it’s forcing the chain to close a ‘significant’ number of stores
By Chris MorrisJune 27, 2024
A factory worker packs supplements inside a box.
Health
Mold colonies and liquid-flooded air purifiers: CVS sourced medication from tainted factories—and it has twice the amount of recalls on store-brand drugs than competitors
By Sasha RogelbergJune 11, 2024
Female CEOs used to run America’s top drugstores. But two powerful women were replaced this year as pharmacies face a national crisis
Newsletters
Female CEOs used to run America’s top drugstores. But two powerful women were replaced this year as pharmacies face a national crisis
By Maria Aspan and Joey AbramsJune 7, 2024
A Rite Aid storefront.
Finance
Rite Aid’s lenders won’t let it exit bankruptcy unless CEO takes a cut on $20 million payout
By Reshmi Basu and BloombergJune 6, 2024
a red glow illuminates a old style pharmacy
Magazine
A crisis is hitting your local drugstore. Why the slow demise of a 130-year-old family-owned pharmacy chain spells disaster for consumers
By Maria AspanJune 3, 2024
An out-of-focus person is point to their left and is standing in front of a window with the red and white Walgreens 'W' on it.
Retail
Walgreens’ frail quarter goes beyond the discretionary spending dips afflicting its competitors. It’s ‘just not very good at retailing,’ analyst says
By Sasha RogelbergMarch 29, 2024
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