Walgreens announces cost-cutting plan to save $1 billion

Walgreens Boots Alliance Inc. on Thursday announced a cost-cutting plan the retailer said will save $1 billion over the next three years. The Deerfield, Illinois-based pharmacy giant (Nasdaq: WBA), which has dozens of Milwaukee-area locations, said the cost-cutting will involve cost reduction activities in its pharmaceutical wholesale division and cutting costs in its retail businesses in Chile and Mexico. "Additionally, the compan y has initiated global smart spending and smart organization programs,…
Source: bizjournals.com Health Care:Physician Practices headlines - Category: American Health Authors: Source Type: news