The company said management is continuing to evaluate and refine its capital allocation policy consistent with the company’s broader long-term turnaround efforts.
A Wall Street Journal report noted that according to CNBC's David Faber, a prospective deal between Walgreens and New York private-equity firm Sycamore Partners is “mostly dead.”
Retailers, including Kroger, CVS, DoorDash, SpartanNash, Walmart, Sam's Club, Walgreens and Duane Reade are supporting those impacted by the Southern California wildfires.