Walgreens Boots Alliance bills itself as “the first global, pharmacy-led health and wellbeing enterprise” and its size gives it enormous clout with drugmakers. Still, it’s been a mixed year for the company as it integrates its acquisition of smaller rival Rite Aid and streamlines its store footprint. In May the company extended by three years its multibillion-dollars distribution partnership with AmerisourceBergen, which has allowed it keep costs in check by streamlining how its gets its supply of drugs. Walgreens Boots Alliance was founded in 1901 and is based in Deerfield, Ill.
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News about Walgreens Boots Alliance
254 stores less than it had previously planned.
The former partners have come to an understanding.