Walgreens Boots Alliance has faced significant challenges over the past decade. Consumers increasingly shifted to purchasing household items online through platforms like Amazon.com, bypassing Walgreens’s extensive network of over 8,000 stores across the U.S. While the pharmacy chain established partnerships with drug suppliers and doctors’ offices, it did not pursue mergers with major health insurers, unlike its competitors CVS and Express Scripts. These rivals gained control over critical medical-reimbursement systems, which put financial pressure on pharmacies like Walgreens. — news from The Wall Street Journal
