In December Walgreen’s announced a 40% stake in Sinopharm Holding Guoda Drugstores in China, expanding the company’s global reach. And the pharma retailer is getting into the data game, having spent over $500 million to-date on updating pharmacy management and data collection system and turning its 88.6 million user “Balance Rewards” program into a customer insight tool. Despite these expansion efforts and stronger than expected Q2 earnings, shareholders have watched the pharma retailer’s share price drop 22% since January, largely due to Amazon’s plan to sell prescription drugs to doctors and hospitals.
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News about Walgreens Boots Alliance
Walgreens, Circle K, Walmart, and Exxon were all called out by the FDA for selling tobacco to minors.
"Me and my son would be very grateful if you could just forget about this," the accused told California pharmacy board officials.
CVS Health and Walgreens have been experimenting with new ways to attract customers.
Some 70% of beauty products are already compliant.
Embracing the cloud was key.