The pharmacy chain, which was taken private last year, has confirmed that it will cut some employees as it focuses on improving the in-store experience.

(RTTNews) - Independent retail pharmacy Walgreen Co. announced Thursday it is now operating as a private standalone company following the closure of the acquisition of Walgreens Boots Alliance, Inc.

Walgreens Boots Alliance on Thursday entered into an agreement with private equity firm Sycamore Partners to go private. The deal is valued at $10 billion.

Walgreens cut 628 jobs across Illinois and Texas as Sycamore Partners restructures to improve store and patient services.

DEERFIELD, Ill.--(BUSINESS WIRE)-- Walgreen Co. (“Walgreens”, or the “Company”), America’s leading independent retail pharmacy, announced today that it is now operating as a private standalone company ...

The company issued a statement about the closing to our partners at the Houston Business Journal.

The drugstore retailer said it was simplifying its organization to speed up decision making in a move impacting at least 600 workers.

The company said it is eliminating 469 jobs in Illinois, where it is headquartered, and plans to cut another 159 positions in Texas, where it is closing a distribution center.

Shares in Walgreens Boots Alliance, Inc. (Nasdaq: WBA) are surging this morning after the company reported its first quarter fiscal 2025 results. As of the time of this writing, WBA shares are ...

Back in 2010, a study by Dr. Rainu Kaushal, a professor of medical informatics at Weill Cornell Medical College, revealed that 37 errors occurred out of every 100 paper prescriptions. That whopping ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. NEW YORK (AP) — Walgreens Boots Alliance ...