• March 23, 2023

Bipartisan Efforts To Provide Paid Leave: A Conversation With Congresswomen Stephanie Bice And Chrissy Houlahan

For all of its challenges, the Covid-19 pandemic has proven to have rightfully accelerated discussion and possible action on a few public policy issues, one of those is paid leave. Efforts …

Giada De Laurentiis Leans Into Her 5 Million Fans With Giadzy, A New Multi-Pronged Venture

Italian cook and TV personality Giada De Laurentiis has two people to thank for the success of Giadzy, her latest venture on Amazon AMZN : her Italian family and Neil Sequeira, …

JPMorgan Chase Named ‘Top Dividend Stock Of The Dow’ At Dividend Channel With 3.1% Yield

JPMorgan Chase JPM has been named as the ”Top Dividend Stock of the Dow”, according to Dividend Channel, which published its most recent ”DividendRank” report. The report noted that among the …

Walgreens Boots Alliance sale of its Boots pharmacies in the United Kingdom is apparently near if the latest media reports out of London and India are correct.

The Economic Times reported last week that a “binding bid could come in as early as (last) Friday” for Boots from Apollo Global Management and Reliance Industries, which is owned by Indian industrialist and billionaire Mukesh Ambani. The report follows other media speculation that Walgreens in May gave prospective bidders more time to make their offers for the Boots chain, which has more than 2,000 pharmacies.


Meanwhile, Walgreens executives at their headquarters in the northern Chicago suburb of Deerfield have publicly been quiet about the fate of Boots while the drugstore giant focuses spending billions of dollars on its U.S. operations. There was no announcement last Friday confirming the Apollo-Reliance effort.

Walgreens is spending billions of dollars on its U.S. drugstore operations at the direction of chief executive officer Roz Brewer, who took over as CEO last year. Walgreens has invested more than $6 billion in primary care developer VillageMD to escalate the expansion of doctor-staffed clinics across the U.S. under a new “Walgreens Health” business.

In April, Brewer told analysts and investors Walgreens was opening a new VillageMD clinic attached to a drugstore “every three days.”

The larger investment Walgreens made last year was designed to accelerate the opening of at least 600 Village Medical at Walgreens primary care practices in more than 30 U.S. markets by 2025 and 1,000 by 2027, with more than half of those practices in medically underserved communities, the company has said.


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