Get the App
Join our growing community to challenge mainstream media bias and fix the news
Walgreens suffers $700mn loss from coronavirus restrictions

Walgreens suffers $700mn loss from coronavirus restrictions

Walgreens Boots Alliance said its earnings suffered loss of $700mn to $750mn owing to the Covid-19 lock down. Early on during the pandemic, Walgreens did benefit as customers stocked up on healthcare and other merchandise. But in Apr & May due to lockdown measures Walgreens was hit hard, with retail and pharmacy sales declining, particularly in the United Kingdom at Boots pharmacies.

Milan
Milan
Top in Business