The retailer's sales rose 10.0% to $22.8 billion from $20.7 billion last year, and investments in employees increased its expenses, denting profit margins.
The retailer remodeled some 110 locations last year and is planning on tripling that number in 2018, with plans to complete about 325 additional remodels.
Walgreens community-based specialty sites on hospital campuses and in communities throughout the country are unique to the industry and offer unparalleled access to medications and personalized service.
Throughout the month, Hy-Vee shoppers will be able to donate $2 toward the purchase of a half-gallon of milk or $4 toward a full gallon at the checkout.
The warehouse club chain took the No. 1 spot by paying well above the typical salary that other retail companies pay, even for entry-level workers, according to Indeed.
Despite a strong market base, the new specialty retail chief executive will be challenged with the continued erosion of customers from in-store to online.