Walgreens Boots Alliance Inc. said on Thursday it would take majority stakes in two smaller health care providers for about $5.5 billion, as the second largest U.S. pharmacy chain shifts focus beyond its drugstores. Shares in Walgreens rose nearly 7 percent to $50.44 in afternoon trading after it reported fourth-quarter results that beat estimates, helped…
Walgreens Bumps Hourly Team Members to $15 an Hour
By Entrepreneur Staff Walgreens will raise the wages of hourly employees to $15 an hour starting in October. The drug store chain expects the change will be fully implemented by Nov. 1, 2022. The total investment is expected to be around $450 million over the next three years. One third of the amount will be…
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