Walmart has a long history of driving profits through high sales volumes of low-priced items at thin margins, but not even its efficiencies are enough to make money selling groceries online.
While Walmart hasn’t been forced to close a lot of physical locations like other retailers have, it also has slowed its once torrid pace of openings significantly.
Walgreens and Ohio-based health system TriHealth on Monday announced a plan to transfer seven of Walgreens’ existing company-managed clinics in the Cincinnati area to TriHealth.
Solid performance from its American pharmacy and wholesale operations couldn’t completely buoy challenges overseas for Walgreens Boots Alliance, which reported its fourth-quarter and fiscal year 2019 results Monday.