Walgreens to reduce VillageMD stake, close stores amid financial woes - Business Insurance (2024)

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See Also
Walgreens to close ‘significant’ number of stores as profits fallWalgreens to reduce stake in VillageMD, close storesSchedule Flu & Covid-19 Tests - Rapid & PCR | Walgreens

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    Reprints

    Walgreens is scaling back its health care services focus after a strategic shift failed to improve its financial health, and is reducing its stake in VillageMD and planning significant store closures, Healthcare Dive reports. CEO Tim Wentworth announced the changes following disappointing third-quarter earnings, signaling a return to the core pharmacy business and efforts to enhance customer experience and stabilize reimbursem*nt models.

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    • Walgreens to reduce VillageMD stake, close stores amid financial woes - Business Insurance (2024)
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