Sycamore Partners to buy Walgreens Boots Alliance for $23.7bn
Investment firm Sycamore Partners has confirmed a binding agreement to purchase US healthcare and retail major Walgreens Boots Alliance (WBA)…
Consumer Trends
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WBA plans to close nearly 1,200 stores as loss widens in FY23
Walgreens Boots Alliance (WBA), which operates Walgreens in the US and Boots in the UK, has reported its operating loss…
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Explainer: what is ‘upflation’?
As businesses try to keep revenues and profits up amid the ongoing global inflation spike, so-called ‘upflation’ is one technique…
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Air freight emissions soar in retail sector
As retail continues to rely heavily on air freight, the sector faces significant environmental challenges. Greenhouse gas (GHG) emissions from…
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Starbucks sues marijuana retailer over trademark infringement
Global coffeehouse chain Starbucks has initiated legal action in the US against a mobile marijuana retailer that operates under "Starbuds…
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Walgreens plans US store closures following Q3 FY24 results
US retail pharmacy company Walgreens Boots Alliance (WBA) has reported net earnings of $344m in the third quarter (Q3) of…
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Online markets are riddled with fakes. Can consumers trust what they buy?
Counterfeit goods are an inescapable reality of online shopping, with online marketplaces offering the perfect platform for scammers looking to…
