The decision is aimed at boosting cash flow and reducing debt as it faces an opioid lawsuit from the Department of Justice.

KEY TAKEAWAYS Walgreens Boots Alliance shares are sinking in premarket trading, as the pharmacy chain suspends quarterly ...

Embattled drug chain Walgreens suspended the cash dividend, saying it needed cash due to litigation and debt refinancing.

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

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

The five local Walgreens stores to be closed are all on the city’s South and West sides, serving African American and Latino ...

Walgreens has struggled as foot traffic at its stores dwindle and pharmacy business faces slimmer reimbursement rates on ...

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

Walgreens announced in October that it planned to close about 1,200 underperforming stores across the country in October. The ...

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

Cooler Screens shut down access to hundreds of the digitized fridge doors, which Walgreens claims affected sales.

Shares of Walgreens Boots Alliance dropped more than 15% Friday morning, after the pharmacy chain suspended quarterly ...