Walgreen's problems are now Stefano Pessina's problems. With the pending retirement of CEO Greg Wasson and the earlier departure of much of his executive team, Pessina will take charge as acting CEO once Walgreen and Alliance Boots complete the second step of their merger in the first quarter.
Walgreen Co. says president and CEO Greg Wasson will retire after the drugstore chain completes its merger with health and beauty retailer Alliance Boots.
Walgreen Co. is working with startup MDLive to offer video visits through the retail pharmacy chain's mobile app. The partnership with MDLive has the potential to dramatically expand Walgreen's telehealth platform on mobile devices.
Wal-Mart Stores will cease offering health insurance coverage to employees who work less than 30 hours a week, likely pushing many of those workers to healthcare exchanges created by the Patient Protection and Affordable Care Act. Wal-Mart follows several other major retailers who also have cut...
Walgreen booked a $239 million loss in its fiscal fourth quarter after swallowing a huge accounting charge from its Alliance Boots acquisition, but the drugstore chain's results still met Wall Street expectations.
Cardinal Health, a Dublin, Ohio-based distribution and medical supplies company, promoted two executives, naming Michael Kaufmann as CFO and Jon Giacomin as CEO of the pharmaceutical segment.
The research and development laboratory launched by UnitedHealth Group and the Mayo Clinic to capitalize on healthcare's data profusion and healthcare reform expanded again this week, adding two prominent universities, the Minnesota health plan Medica and pharmaceutical giant Merck.
As CVS sharpens its focus on customer health, the nation's second-largest drugstore chain will tweak its corporate name and stop the sale of tobacco nearly a month sooner than planned.
Shares of Walgreen Co. have tumbled on media reports that the drugstore chain will not reincorporate itself overseas — a politically touchy move that could significantly lower its tax bill.
Cardinal Health recorded sizable revenue declines in its fiscal fourth quarter and fiscal 2014, the drug and medical product supplier announced Monday. An expired contract with Walgreen Co. continued to hamper results, but Cardinal Health still beat Wall Street's revenue expectations for the...
CVS Caremark, the nation's largest operator of retail clinics, announced new clinical affiliations with healthcare systems in four states.
Walgreen Co. has entered into a collaborative agreement to provide expanded services for Arizona Priority Care, the Phoenix-area affiliate of Marina del Rey, Calif.-based Heritage Provider Network.