Is Walgreens Boots Alliance still making money from Drugstores?

In comparison, Mr. Market paid $141.56 for Walmart (WMT) on the same day. Thus, Mr. Market thinks Walgreen’s 9,021 US drugstores offer less value than Walmart’s supercenters.

Read more

What is going on at Walgreens, Rite Aid and Fred’s?

All this indicates that the FTC has a very good point about Fred’s; it does not have the resources to operate all those Rite Aid locations. Fred’s reported revenues of $2.15 billion, a free cash flow of $28.25 million, assets of $740.88 million and cash and short-term investments of $5.692 million on October 31, 2016.

Read more