PYMNTS.com January 10, 2024
Drugstore chain Walgreens is making strides in expanding its healthcare business, according to Walgreens Boots Alliance CEO Tim Wentworth.
Wentworth highlighted the company’s efforts to transform itself into a large healthcare company by using its stores and brand, in an interview with CNBC’s Jim Cramer, CNBC reported Monday (Jan. 8).
While Walgreens has been closing stores to optimize its footprint, Wentworth said the company’s physical locations play a role in its healthcare goals, according to the report.
He pointed out that Walgreens has already administered 8 million vaccines this year and that its 85,000 employees interact with 10 million customers daily, the report said.
The numbers demonstrate that Walgreens is more than a place to pick up prescriptions; it is...
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