Walgreens Boots Alliance and Microsoft Corp. have joined forces to develop new health care delivery models, technology and retail innovations to advance and improve the future of health care, the companies said.
Walgreens Boots Alliance generated a solid first quarter while launching a cost management program that will look to save more than $1 billion.
Kroger and Walgreens recently expanded on the exploratory pilot concept the two retailers announced in October, in which the companies began testing a concept combining Kroger’s grocery expertise with Walgreens’ mix of pharmacy, health and beauty.
With fourth quarter profits exceeding Wall Street expectations, Walgreens Boots Alliance touted gains for both the period and the fiscal year despite weak U.S. retail comps.
Walgreens Boots Alliance has completed the previously announced agreement to acquire a 40% minority stake in Sinopharm Holding GuoDa Drugstores Co., Ltd. (GuoDa), a leading retail pharmacy chain in China.
As part of a pilot program at 17 Gainesville, Florida, area stores, Walgreens is bringing together new approaches to pricing and promotions, product selection, the shopping experience and strategic collaborations to bring new services to customers.