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GailL1
GailL1
Community Champion ⭐⭐⭐
March 7, 2025

WALGREENS May Have A New Business Structure Soon

  • March 7, 2025
  • 7 replies
  • 2355 views

   

  NPR.org 03/07/2025 - Walgreens agrees to be acquired by private equity firm for almost $10 billion 

 

  Change is always pretty inevitable - sometimes you just have to do what is necessary to stay afloat.

 

  from the link ~

  A buyout to take the drugstore chain private would give it more flexibility to make changes to improve its business without worrying about Wall Street's reaction. The company has already been making some big changes as it seeks to turn around its business. Walgreens has been a public company since 1927.

    7 replies

    SummerOnTheWay1
    SummerOnTheWay1
    March 7, 2025

    📎@GailL1 , I use CVS for my Medicare prescriptions but was wondering IF this will affect those that fill their Medicare prescriptions at Walgreens?

     

    I often wondered HOW both of them survived from way back in Florida when CVS arrived and built across from Walgreens.

    GailL1
    GailL1Author
    Community Champion ⭐⭐⭐
    March 8, 2025

    @SummerOnTheWay1 

      Both chains are having problems so don’t be surprised if a few of the ones around you are closed during the next year or so.

     

    NPR.org 10/16/2024- CVS and Walgreens are ailing. Here's why 

    IT‘S ALWAYS SOMETHING . . . . .. . . . Roseanne Roseannadanna
    papawofboo
    papawofboo
    Community Champion ⭐
    March 8, 2025

    I don't see how they stay in business. The prices in the store are high as a kite, no one is as high priced as either of them. When it comes to the drug part, I check prices on our drugs and neither of them ever have a better price than Wal-Mart or Kroger.

    The location of their stores was a mystery also, you can go ever 5-6 blocks and see at least one of each and sometimes two. I just never understood having so many stores so close together.  

    Papaw of Boo
      WebWiseWoman
      WebWiseWoman
      Community Champion ⭐⭐⭐
      March 8, 2025

      I understand corporate world pretty well; what I have experienced with "equity" firms is not great (Caesars bought out by Harrah's? [yeah, the Kmart of casinos], then some equity firm).

       

      Just mho...

      nctarheel
      nctarheel
      Community Champion ⭐
      March 8, 2025

      Usually private equity firms suck what life is left in a corporate purchase out of the entity they purchase and then declare bankruptcy for that entity. Walgreens isn't too long for this world if the usual process takes place.

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