Negotiations are in advanced stages, with both sides aiming to seal the agreement as soon as Thursday, according to the Wall ...

The struggling retail pharmacy chain entered an agreement to be purchased by private equity firm Sycamore Partners, which ...

The nation’s second-largest pharmacy chain was already in the process of closing thousands of underperforming stores, adding ...

Walgreens Boots Alliance Inc. announced Thursday it has entered into a definitive agreement to be sold for $10 billion to ...

CVS is looking to grow itself by shrinking. The pharmacy chain is opening around a dozen stores this year that are about the half the size of its traditional layout and have only a pharmacy — ditching ...

The company will continue to operate under the name Walgreens and its headquarters will remain in the Chicago area.

There are plenty of reasons to be skeptical that private equity will help Walgreens get out of turbulent times.

CVS Health (CVS) is ditching retail sales to focus on pharmacy operations at 12 new locations opening in 2025. These new CVS ...

CVS is in the early stages of rolling out the smaller format stores, with the first few locations expected to open by the end of the year. The company is also continuing to open traditional pharmacies ...

Walgreens Boot Alliance said it will be acquired by private equity firm Sycamore Partners in a $10 billion deal. Sycamore has ...

Walgreens will retain its banner name as it goes private for the first time since 1927.