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

Walgreens is suspending its quarterly dividend payments to stockholders as the company works to free up cash to reduce debt ...

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

Walgreens ( NASDAQ: WBA) has to consider and evaluate all options as part of its fiduciary duty, CEO Tim Wentworth said in ...

Find out why Walgreens Boots Alliance (WBA) stock fell over 7% in extended trading and why the drugstore chain is suspending ...

Sycamore Partners has been speaking with private credit firms about debt financing for a potential deal, despite an earlier report that takeover talks had stalled.

Walgreens Boots Alliance has suspended its quarterly cash dividend amid restructuring efforts, the U.S. pharmacy chain ...

One or two medical office assistants work at each of the clinics, along with additional clinicians who support virtual care, ...

The move is the latest sign that the pharmacy chain is struggling to cut costs, improve margins and find stability.

According to the release, the new app, which is a successor to the CVS Pharmacy app, will allow shoppers to manage ...

Walgreens suspends its quarterly dividend for the first time in 92 years as it faces challenges in its financial turnaround effort.

The company said it was testing a feature on its app that would allow customers to unlock the cabinets instead of waiting for ...