Walgreens Boots Alliance Stock News

Pharmacies are more than just stores. They're vital links between people and their healthcare.

Drugstore stock Walgreens Boots Alliance Inc (NASDAQ:WBA) has been seeing muted price action for the past few months, ever since news that Sycamore Partners is taking the company private in a $10 billion deal.

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Walgreens confirmed its only buying prescription files and not brick and mortar stores among the pharmacy assets being sold across the U.S. by Rite Aid.

A federal bankruptcy court has approved the sale of pharmacy assets from more than 1,000 Rite Aid stores to CVS Health, Walgreens as well as grocery store chains including Kroger and Albertsons.

Walgreens says it is boosting its investment in robotics with its new Minnesota-based micro-fulfillment center. The center, announced Tuesday (May 20), is based in the town of Brooklyn Park and will support nearly 200 Walgreens locations throughout the Midwest, including 145 in Minnesota alone, processing a projected 13 million prescriptions each year.

DEERFIELD, Ill.--(BUSINESS WIRE)--Walgreens is continuing to invest in innovative pharmacy solutions with the opening of a new micro-fulfillment center (MFC) in Brooklyn Park, Minnesota. This facility will streamline prescription processing and reduce administrative tasks, freeing up pharmacists to focus more on delivering personalized care to their patients. This new facility will support near...

Walgreens is reportedly increasing its use of robots to fill prescriptions for its retail locations. Company officials told CNBC in a report Sunday (May 11) that the pharmacy hopes to have its 11 micro-fulfillment centers serving more than 5,000 stores before the year's end.