Walgreens news and trends

Can Retail Pharmacies Survive the Digital Transformation of Healthcare?

October 22, 2024
Walgreens Rethinks Role of Pharmacy in Capturing Consumer Sales
Earnings // October 15, 2024

Walgreens Boots Alliance is undertaking a transformation focused on its retail pharmacy business in response to persistent challenges in the consumer market and pharmacy sector. As part of this strategy, the company plans to close approximately 1,200 underperforming stores in the next three years to...

SKU-Level Data Helps Consumers Avoid Losing $4 Billion in Healthcare FSA Funds, Banyan Says
Healthcare // September 09, 2024

Call it the $4 billion year-end problem, plaguing consumers and the healthcare industry like clockwork. That’s the amount of money that disappears from flexible spending accounts (FSAs) every year as the “use it or lose it” feature of FSAs kicks in. There’s a rush as...

CFPB Report Shows Kroger, Dollar Tree and Others Charging Fees for Cash-Back Transactions
Consumer Finance // August 27, 2024

A new report released Tuesday (Aug. 27) from the U.S. Consumer Financial Protection Bureau (CFPB) sheds light on a growing trend: Major retailers are now imposing fees on customers seeking cash back through debit and prepaid card transactions. This shift comes as bank branch closures...

Chime Teams With NCR Atleos on Walgreens ATM Partnership
Partnerships // August 07, 2024

Banking app Chime expanded its relationship with self-service banking provider NCR Atleos. The expanded collaboration will see Atleos begin branding ATMs at 4,000 Walgreens stores with the Chime brand to increase customer awareness, according to a Wednesday (Aug. 7) press release. Atleos’ Allpoint Network has...

Interviews & Exclusives
Walgreens Rethinks Role of Pharmacy in Capturing Consumer Sales

October 15, 2024
Walgreens Boots Alliance is undertaking a transformation focused on its retail pharmacy business in response to persistent challenges in the consumer market and pharmacy sector. As part of this strategy, the company plans to close approximately 1,200 underperforming stores in the next three years to streamline operations and increase profitability. A challenging consumer spending environment […]

Are Retail Media Networks Financial Services’ Next Big Move?

June 03, 2024
This year more than 5 trillion digital ads will be shown globally. It’s a staggering number and a testament to the desire of companies from ad giants like Coca-Cola to...

Inventory Data a Weak Link in Omnichannel Retail, BOPIS Efforts

December 22, 2022
Despite all the growth of omnichannel retail, the inventory data needed to satisfy BOPIS demand is still behind. Among those pressures: Having the right inventory in place, and having the...

Walgreens Takes on Convenience Stores With 24/7 Delivery

December 02, 2022
When you need baby formula at 3 a.m., options are limited. Or rather, they were. Announcement of Walgreens 24-Hour Same Day Delivery on Thursday (Dec. 1) marks a turning point...

Quick Reads
Chime Teams With NCR Atleos on Walgreens ATM Partnership

August 07, 2024
Banking app Chime expanded its relationship with self-service banking provider NCR Atleos. The expanded collaboration will see Atleos begin branding ATMs at 4,000 Walgreens stores with the Chime brand to increase customer awareness, according to a Wednesday (Aug. 7) press release. Atleos’ Allpoint Network has provided ATM access for Chime members since 2021 at more […]

Instacart Teams With Walgreens on SNAP/EBT and Expands Aldi Partnership

August 06, 2024
Instacart has launched a SNAP/EBT-focused partnership with Walgreens. The collaboration, announced Tuesday (Aug. 6), will offer online SNAP/EBT payment acceptance at more than 7,500 Walgreens stores nationwide, including 100-plus Duane...

Walgreens Considers Closing 25% of Stores Amid Consumer Price Sensitivity

June 27, 2024
Challenges in the retail environment and the pharmacy industry have led Walgreens Boots Alliance to consider closing as many as 25% of its U.S. retail stores. These Walgreens stores do...

Walgreens Teams With Banyan for Item-Level Data

May 20, 2024
Walgreens has formed a partnership with Banyan, a platform offering merchants item-level receipt data solutions. By adding Banyan’s item-level data capabilities, the companies said on its blog Monday (May 20), Walgreens will be...