The sugar drinks are about to be excluded from SNAP. The cheap cr@p from China is going to be tariffed out of existence. Higher quality goods will need to be made in the US of A leading to better paying manufacturing jobs (Clinton eliminated... — read more
Sycamore deal uncertain?
Walgreens stock was down at $10.50 today. When Sycamore's offer is $11.45 cash, the stock trading a dollar below that value is strange. Is the deal not happening?
No Wag family
There is no longer any Walgreen Family member serving any position within Walgreens. Because of this, Stephi Boots slid his own cronies on to the Board to control the Board and company decisions. Prior to Boots there was a sense of pride and... — read more
Truth be told....
We live in a world where the pharmaceutical industry often prioritizes profit over genuine healing. It’s a truth that many of us overlook, but the reality is, the industry doesn't always aim to create cures—it creates customers. In a society that... — read more
The CEO of Walgreens admits anti-theft measures like putting toothpaste, baby food formula under lock and key are backfiring on sales
Isn't being in business to make sales. Then why keep doing this so called CEO. Your so called leadership and team is the worst. What a laughing stock to the business world and pretty sad for their employees.
Walgreens settles long-running kickback lawsuit for $5M
to settle allegations that it violated U.S. and Illinois false claims statutes by improperly billing Medicaid and Medicare. Keep it going...you crooks.
When will this Board be held accountable
Never has there been a board as negligent as this one. The fact Hsiao was ever allowed to work for Walgreens is hard enough to compute, let alone the damage they allowed Roz to cause with her complete lack of experience and leadership. The number of... — read more
Walgreens to pay $100M settlement: You may be entitled to a refund if you bought prescriptions
The settlement resolves a lawsuit that accused Walgreens of inflating its “usual and customary” dr-g prices for insured customers and not factoring in the prices from its now-discontinued Prescription Savings Club program, according to the lawsuit... — read more
So something is going on.
Mr. Executive Chairman SP is increasing his ownership stake in the company from 17% up to 30%. I wonder what his play is here? Per a news article it sounds like he plans to stay on at Walgreens post sale.
Overcoming Job Search Challenges: Reflecting on My Six-Month Journey
I have been searching for a job for over six months now without success. Despite having all the necessary qualifications and receiving high praise from former colleagues for my performance, I haven't received any interview calls. My resume was... — read more
Remember when?
The Four-Way Test, written by a friend of Charles R Walgreen Sr at Rotary International, was adapted for and adopted by Walgreens in 1955. Based on ethical business principles, these four questions were the foundation of the Walgreen Way: Is it... — read more
Who will be gone first? Tim? Tracey B?
I hope they all are but who will go/be axed first come closing of the deal?
"takeovers are usually never good for employees nor really for the retail brand either"
Sucharita Kodali, a retail industry analyst at Forrester, told Newsweek: "[Private equity] takeovers are usually never good for employees nor really for the retail brand either. It is usually great for any one that is competitive with the company. In... — read more
If Walgreen's was so attractive and worth buying ..............
Amazon would had paid $10 billion or more for the company. That amount is nothing to them. Instead the only ones that wanted walgreen's was a vulture company. Enough said.
What's it like Walgreens employee's to be a Salvage Project
Just curious..............
As infuriating as it all is…
It’s also all sooooo incredibly sad. What Charles R Walgreen worked DECADES to build, followed by his son & then grandson… just gone. To greed.
Walgreens’ Board of Directors being investigated…
FINALLY!!!! https://www.gurufocus.com/news/2731515/walgreens-boots-alliance-inc-wba-under-investigation-for-proposed-sale-to-sycamore-partners
“The net of this is it’s just deck chairs on the Titanic being moved around.”
The private equity business model often relies upon forcing the company to take on massive amounts of debt to give the greatest possible return to the private equity firm, with the long-term survival of the business often not a priority. The debt is... — read more
Sycamore employee
I'm currently a consultant for Sycamore working on this acquisition and I just have to say you all need to calm down. If you think we are coming into this with some "master plan" to shut the company down, you're crazy. There will definitely be cuts... — read more
"The Walgreens Billionaire Watching His Empire Come Apart"
The Wall Street Journal now has an article entitled "The Walgreens Billionaire Watching His Empire Come Apart." It really is amazing how the media is so out of touch (or actively runs cover). Pessina has WANTED to take the company private. It is... — read more
Details behind Sycamore deal in WBA SEC filings
WBA's SEC filing Schedule 13D/A on 3/7/25 explains the negotiation timeline and terms between Sycamore, Stefano Pessina, and the WBA Board. It details Sycamore approaching the Board back in September 23, 2024. On February 2, 2025 the board concluded... — read more
When will layoffs begin?
If anyone has concrete knowledge, please share. If not, please don't. Simple.
Babiak, Jarret, and Pessina
All frauds. All negligent. All need to go.......perhaps the worst Board members ever. Each needs to Resign and never ever be offered another Board role anywhere.
The Board was mindful that the turnaround strategy was ambitious?
Walgreens Board of Directors have been OF NO benefit to the company. They have done nothing to improve this company, but their decisions/non decisions have cost this company now where all it is is a SALVAGE project. THEY HAVE NO SHAME ....say it... — read more
THIS says it all... Walgreens Goes From $100 Billion Health Giant to Private-Equity Salvage Project
Nice headline...Nice job overpaid do nothing CEO and Board of whatevers. What is the employee morale going to be when it was already as low as it can get. What is the motivation.
Nice “town hall”
16 minutes only. Chat disabled. No “time” for Q&A in times of uncertainty. The only highlight was not seeing Tracey.
Ya right.....get ready ...Why not mention to the employees anything about jobs?
The Walgreens announcement made no mention of how many of Walgreens' 311,000 workers will remain employed when the sale to Sycamore Partners is completed. "Sycamore has deep respect for WBA's talented and dedicated team members, and we are committed... — read more
ENJOY all the BS at your townhall today...
All the lip service you will hear, all the how great this is for Walgreens, how the future looks bright. When they talk to you..just look at them knowing how they destroyed this company. They could care less. Looking for the expertise from the... — read more
Basically a game over
Very few of us can hope to keep our jobs. We all know how it goes when a private equity firm takes over.
"in the fourth quarter of calendar year 2025"
Tim said the deal will close ""in the fourth quarter of calendar year 2025." Does he mean Walgreens' fourth quarter which is June/July/August or does he mean October/November/December.
Walgreens Seals $10 Billion Take-Private Deal With Sycamore
https://www.wsj.com/business/deals/walgreens-sycamore-partners-deal-private-company-0538214e?mod=hp_lead_pos1
Selling to the vultures....... nice job
The WORST BOARD of Directors in history. Way to ruin at a company that was at one time well respected.
Walgreens is about to change forever...due to the worthless management leaders
Great job..All you had was was lip service and had no answers. Everything you did/didn't do was wrong. That is not hard grapes...it's just a fact. So sell...sell all you want.
WBA nears 10B $ deal to go private. Damn!
Walgreens Boots Alliance is closing in on a deal with private-equity firm Sycamore Partners that would take the struggling dr-gstore chain off the public market for around $10 billion, according to people familiar with the matter. Should Sycamore... — read more
DOWNGRADE....time too!!!...BIG enough IRS tax dispute?...when does it end
downgrade the stock from Hold to Sell, accompanied by a reduction in the price target to $9 from $11. Analyst George Hill expressed skepticism regarding the potential buyout by Sycamore Partners, describing it as "incredibly complicated" and unlikely... — read more
Bronstein, Gewirtz and Grossman, LLC Reminds Stockholders of Walgreens Boots Alliance, Inc. to Contact the Firm Today!
This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Walgreens securities between April 2, 2020 and January 16... — read more
Deutsche Bank downgrades Walgreens
To Sell from Hold with a price target of $9, down from $11
Sycamore planning a three-way split of Walgreens after buyout, FT reports
Feb 27 (Reuters) - Sycamore Partners is planning a three-way split of Walgreens Boots Alliance (WBA.O), opens new tab if a deal to take the struggling pharmacy chain private is reached, the Financial Times reported on Thursday, citing people familiar... — read more
Walgreens throwing away millions in lawsuit settlements in an effort to sell
Tim and Neal are throwing away hundreds of millions of shareholder money in a desperate effort to sell the company. Will they settle for these large sums if this was their money??? Where is the Board?
Walgreens to Pay $97.8 Million to Resolve Allegations it Billed the Government for Uncollected Prescriptions
Attorney General William Tong and 49 other attorneys general joined the U.S. Department of Justice in settling allegations against Walgreens Boots Alliance, Inc. and Walgreen Co. (together, Walgreens). Under the terms of the agreement... — read more