Walgreens has sold more shares of drug distributor Cencora for proceeds of about $300 million, “primarily for debt paydown ...

A decision to close Walgreens on Main Street in Asbury Park is part of a plan to shutter 1,200 poor performing stores ...

The decision aims to boost cash flow and reduce debt as it faces an opioid lawsuit from the Department of Justice.

While theft remains a growing issue, locking up merchandise creates new problems for consumers. Shoppers accustomed to ...

The CVS at 1015 King St. will close Feb. 4 as the drugstore giant continues its target to close 900 underperforming stores ...

Sycamore Partners has been speaking with private credit firms about debt financing for a potential deal, despite an earlier ...

The change is aimed at improving Walgreens’ finances by reducing debt over time and improving cash flow, the company said.

Walgreens Boots Alliance Inc.’s chairman and biggest shareholder, Stefano Pessina, has dealmaking in his DNA. Yet finding a ...

Walgreens is suspending its quarterly dividend payments to stockholders as the company works to free up cash to reduce debt and fund its long-term turnaround.

On Jan. 30, pharmacy retail giant Walgreens Boots Alliance (NASDAQ:WBA) announced that it would be suspending its dividend as ...

Roanne Knox, the Liberal Party’s candidate for Wentworth in Sydney’s east, says the shift in focus by teal MPs to more economic issues is “disingenuous”.