Home Health Care News October 15, 2024
Just a few years after it decided to go all in on health care services, Walgreens Boots Alliance (Nasdaq: WBA) is largely returning to its roots. It also plans to close as many as 1,200 retail stores in the next three years amid a financial downturn.
On a Tuesday earnings call, Walgreens CEO Tim Wenworth – who took over as the company’s chief leader in October of last year – said the company would be “reorienting” its business to focus on retail pharmacy.
“WBA is reorienting to its legacy strength as a retail pharmacy-led company,” Wentworth said. “This reorientation allows us to leverage our key strategic assets of consumer trust, convenience and relevance. Our position of trust stems from the...
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