<div id="subtitle">Walgreen says 2nd-quarter profit fell due to costs of restructuring, including job cuts</div><div><p>Drugstore operator Walgreen Co.'s profit fell 7 percent in the fiscal second quarter because of restructuring costs as cash-strapped shoppers cut discretionary purchases even as retail prescriptions grew.</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. The rise was nearly in line with the 0.5 percent ...
<div><p> Last fall, drugstore chain CVS Caremark (CVS) cut some 800 jobs in Northern California after acquiring Longs Drugs, a Walnut Creek [Calif.] pharmacy rival. Despite those cuts, the company continues to recruit baby boomers and other older workers to staff stores ...
<div><p>Pharmacy giant Alliance Boots said on Thursday it would merge its optician division with rival Dolland & Aitchison, which is owned by Italian eyewear maker De Rigo.</p><p>"Alliance Boots announces today that it has reached agreement to create the second-largest optical chain in ...
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 ...
<div id="subtitle">Walgreen's fiscal 4th-quarter profit rises, helped by higher sales and cost cutting</div><div><p>Shares of Walgreen Co. fell to their lowest price in almost five years Monday after the drugstore operator reported disappointing revenue in its fiscal fourth quarter, pointing to promotions that ...
<div><p>A coalition of labor unions that has been a thorn in the side of CVS Caremark Corp. is accusing the drugstore chain's pharmacy benefits unit of violating the privacy of plan members and trying to get doctors to switch patients to an ...
<div id="subtitle">CVS Caremark says drugstore sales rose 19 percent in 4th quarter; results top estimates</div><div><p>CVS Caremark Corp., one of the nation's biggest drugstore operators, said Thursday its profit rose 17 percent in the fourth quarter, as customers bought more CVS brand products ...
<div id="subtitle">CVS says it not changing its $2.7B offer for Longs despite rival bid from Walgreen</div><div><p>CVS Caremark says it is leaving its $2.7 billion bid for Longs Drug Stores unchanged, despite it being topped by rival Walgreen.</p><p>Woonsocket-based ...
<div id="subtitle">Walgreen withdraws $2.8 billion bid to acquire Longs Drug Stores, which accepted CVS offer</div><div><p>Drugstore chain Walgreen Co. has withdrawn its $2.8 billion bid to acquire Longs Drug Stores, apparently helping to ease the path for Longs' $2.7 billion acquisition by CVS ...
