Walgreens Stock Gets a Boost After Beating Earnings Estimates—But the Chain Still Needs a Prescription for Growth

Walgreens needs a strong prescription–for recovery. After Walgreens CEO Stefano Pessina called the second quarter “the most difficult” since the company’s acquisition of Alliance Boots in 2014, Walgreens Boots Alliance surprised Wall Street by beating third-quarter earnings, reporting adjusted earnings of $1.47 per share compared to Refinitiv expectations of $1.43. The drugstore chain’s stock shot […]

Walgreens to Clear Shelf Space for CBD Products in 1500 Stores

One week after CVS said it would start selling products with the cannabis compound CBD in some of its stores, drug-chain Walgreens Boots Alliance said it would sell CBD-based sprays, creams, and patches in 1,500 stores throughout nine states. The move, first reported by CNBC, will offer cannabis-based products in nine states that have legalized […]

Your Nation Is Counting On You

The U.S. Census matters, let us count the ways. Every ten years, the government takes a snapshot of the people who live in the U.S. When those snapshots are put together, they become a slow-moving movie of a changing nation. The data determines the shape of election districts, the allocation of state and federal representatives […]

The FDA Calls Out 15 Retailers For Selling Tobacco to Minors

The Food and Drug Administration has put 15 national retailers on notice for allegedly selling tobacco products to minors including Walgreens, Walmart, Kroger, and 7-Eleven. FDA Commissioner Scott Gottlieb said that he plans to contact the companies in question and ask them about their policies regarding tobacco sales and where they plan to improve, CNBC […]