Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround

Walgreens doubles down on prescription-filling robots to cut costs, free up pharmacists amid turnaround

A robotic arm fills prescriptions at a Walgreens’ micro-fulfillment center. Courtesy: Walgreens As struggling drugstore chains work to regain their footing, Walgreens is doubling down on automation.  The company is expanding the number of retail stores served by its micro-fulfillment centers, which use robots to fill thousands of prescriptions for patients who take medications to … Read more

Walgreens to go private in $10 billion deal with Sycamore Partners

Walgreens to go private in  billion deal with Sycamore Partners

The Walgreens logo is displayed at a Walgreens store on October 15, 2024 in San Rafael, California.  Justin Sullivan | Getty Images Struggling drugstore chain Walgreens is going private.  The company on Thursday said it inked a deal with private equity firm Sycamore Partners that will take it off the public market for an equity … Read more

CVS earnings: (CVS) stock rises

CVS earnings: (CVS) stock rises

The CVS pharmacy logo is displayed on a sign above a CVS Health Corp. store in Las Vegas, Nevada, on Feb. 7, 2024. Patrick T. Fallon | AFP | Getty Images After a dismal 2024, CVS Health could be starting to turn itself around.  Some investors seem convinced, especially after the retail drugstore chain on … Read more