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

The Wall Street Journal previously reported that Walgreens and Sycamore Partners were discussing a deal that could be ...

Walgreens Boots Alliance Inc. tumbled Friday after suspending the quarterly dividend it’s paid for the past 92 years in a bid ...

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

KEY TAKEAWAYSWalgreens Boots Alliance shares are sinking in premarket trading after the pharmacy chain suspended its ...

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

Walgreens Boots Alliance announced Thursday that it is suspending its practice of paying cash dividends to stockholders — the ...

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

Sycamore Partners has been speaking with private credit firms about debt financing for a potential deal, despite an earlier report that takeover talks had stalled.

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

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

Find out why Walgreens Boots Alliance (WBA) stock fell over 7% in extended trading and why the drugstore chain is suspending ...