Walgreens news and trends

Walgreens Considers Closing 25% of Stores Amid Consumer Price Sensitivity

June 27, 2024
Walgreens
Are Retail Media Networks Financial Services’ Next Big Move?
Data // June 03, 2024

This year more than 5 trillion digital ads will be shown globally. It’s a staggering number and a testament to the desire of companies from ad giants like Coca-Cola to the smallest Amazon marketplace seller to embrace digital advertising’s promise of getting to the right...

Walgreens Teams With Banyan for Item-Level Data
Partnerships // May 20, 2024

Walgreens has formed a partnership with Banyan, a platform offering merchants item-level receipt data solutions. By adding Banyan’s item-level data capabilities, the companies said on its blog Monday (May 20), Walgreens will be able to offer a “true omnichannel experience,” with platforms combining the physical and digital. “This...

DoorDash and Walgreens Team to Offer SNAP/EBT Payments
Partnerships // April 24, 2024

DoorDash has teamed with Walgreens to offer SNAP/EBT payments at nearly 7,800 locations. According to its announcement Wednesday (April 24), DoorDash is the first platform that enables SNAP customers to make purchases directly from Walgreens with Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) cards and the first third-party...

Walgreens Taps Personalized Marketing to Reach Deal-Seeking Consumers
Earnings // March 28, 2024

As economic pressures weigh on shoppers’ minds, Walgreens is leveraging its targeting capabilities to keep them engaged. On a call with analysts Thursday (March 28) discussing second-quarter fiscal 2024 financial results for Walgreens Boots Alliance (WBA), the multinational pharmacy giant spoke to how U.S. consumers’...

Interviews & Exclusives
Are Retail Media Networks Financial Services’ Next Big Move?

June 03, 2024
This year more than 5 trillion digital ads will be shown globally. It’s a staggering number and a testament to the desire of companies from ad giants like Coca-Cola to the smallest Amazon marketplace seller to embrace digital advertising’s promise of getting to the right customer with the right offer at the right time. For […]

Inventory Data a Weak Link in Omnichannel Retail, BOPIS Efforts

December 22, 2022
Despite all the growth of omnichannel retail, the inventory data needed to satisfy BOPIS demand is still behind. Among those pressures: Having the right inventory in place, and having the...

Walgreens Takes on Convenience Stores With 24/7 Delivery

December 02, 2022
When you need baby formula at 3 a.m., options are limited. Or rather, they were. Announcement of Walgreens 24-Hour Same Day Delivery on Thursday (Dec. 1) marks a turning point...

Healthcare Becomes Fertile Ground for Big Retail’s Payments Ambitions

September 07, 2022
Health care is the space that couldn’t reinvent itself — becoming truly modern — until Big Retail came along to help usher the industry more fully into the 21st century....

Quick Reads
Walgreens Considers Closing 25% of Stores Amid Consumer Price Sensitivity

June 27, 2024
Challenges in the retail environment and the pharmacy industry have led Walgreens Boots Alliance to consider closing as many as 25% of its U.S. retail stores. These Walgreens stores do not contribute to the firm’s adjusted operating income, and the company expects that a “significant portion” of these underperforming stores will be closed over the […]

Walgreens Teams With Banyan for Item-Level Data

May 20, 2024
Walgreens has formed a partnership with Banyan, a platform offering merchants item-level receipt data solutions. By adding Banyan’s item-level data capabilities, the companies said on its blog Monday (May 20), Walgreens will be...

DoorDash and Walgreens Team to Offer SNAP/EBT Payments

April 24, 2024
DoorDash has teamed with Walgreens to offer SNAP/EBT payments at nearly 7,800 locations. According to its announcement Wednesday (April 24), DoorDash is the first platform that enables SNAP customers to make purchases directly from Walgreens...

Walgreens CEO Says Physical Stores Promote New Healthcare Services

January 10, 2024
Drugstore chain Walgreens is making strides in expanding its healthcare business, according to Walgreens Boots Alliance CEO Tim Wentworth. Wentworth highlighted the company’s efforts to transform itself into a large...