Monday, March 25, 2013
Walgreens is poised to become the global leader in prescription pharmaceuticals.
Deerfield-based Walgreens and Alliance Boots, a leading international pharmacy-led health and beauty group, have entered into a 10-year contract with pharmaceutical company AmerisourceBergen that will allow Walgreens to able to buy and sell generic drugs at a lower cost than anyone else, reported Crain's Chicago Business. This relationship will result in greater sales, improved service levels and efficiencies, while reducing costs and increasing patient access to pharmaceuticals, according to a Walgreens press release. "We believe this relationship will creat a wide range of opportunities and innovations in the rapidly changing U.S. and global health care environment that we expect will benefit all of our stakeholders," stated Gregory …
Tuesday, March 5, 2013
Walgreen's revenue fell 0.6 percent last month.
Deerfield-based Walgreen's experienced a decrease in revenue in February at established stores that have been open more than one year, reported Crain's Chicago Business. Revenue fell 0.6 percent last month. Pharmacy revenue was reported flat despite a 6.5 percent increase in prescriptions filled at Walgreen's stores, according to Crain's. In a press release, Walgreen's reported February sales of $5.75 billion, a decrease of 2.2 percent from $5.88 billion for the same month in fiscal 2012. Last year’s total February sales benefited from one extra day because of the leap year. Excluding last February’s leap day, this year’s February sales increased 1.5 percent. Total front-end sales decreased 3.1 percent compared with the same month in …
Monday, February 25, 2013
Learning opportunities abound at the new Walgreen's University where employees can take advantage of more than 100 course offerings, some for college credit.
Monday, February 25
Deerfield-based Walgreen's has launched "Walgreen's U" to provide thousands of employees vast opportunities for professional growth. A ribbon-cutting for the new campus, located at 6 Parkway North in Deerfield, was held Feb. 22. The building, with technology-enhanced classrooms, a mock-drugstore and video-conferencing capabilities, will be the base of operations for employee educational programs offered online and in regional locations nationwide, reported Walgreen's in a press release. More than 100 courses will be available through one of the few corporate training programs to offer college credit for certain classes, including pharmacy technician training and management and retail fundamentals. "To meet our company goals, we need a …
Thursday, February 7, 2013
Bright Horizons gets preliminary approval, but still needs special use permit to open.
Thursday, February 7
Bright Horizons Childcare Center has received prelimiary approval for a new facility at 1650 Lake Cook Road in Deerfield, but neighboring providers are arguing the market is full, reported the Chicago Tribune. This week, petitioners for the proposed day care facility told the Deerfield Village Board their operation would mostly serve employees from the nearby Walgreen's headquarters. Bright Horizons will need to be granted a special use permit to serve Walgreen's and the general public because the proposed location is zoned for office, research and restricted industry, according to the Chicago Tribune. Other Deerfield childcare providers argued there is no shortage of service. "It is detrimental to the choice that is already existing in …
Tuesday, February 5, 2013
Nearly 1,200 jobs could be lost at prominent companies.
Tuesday, February 5
Nine companies are reportedly preparing for nearly 1,200 layoffs throughout Illinois, including Walgreen's, Kmart and Sun-Times Media, according to Crain's Chicago Business. Deerfield-based Walgreen's, which reported strong January sales due to the bad flu season, will reportedly lay off 65 warehouse workers in west suburban Berkeley. Kmart, part of Hoffman Estates-based Sears Holdings Corp., plans to lay off 98 employees when it closes a Naperville store in the spring, reported Crain's. Sun-Times Media, publisher of the Chicago Sun-Times and other suburban papers, warns that 274 jobs in Glenview, Tinley Park and Aurora could be eliminated due to consolidation.