Walgreen Buys Drugstore.com for Twice Its Market Value

by | Mar 24, 2011 | Towing

After years of trying to expand its online presence through organic growth, giant drug store chain Walgreen has decided to buy a bigger Web footprint, acquiring drugstore.com, the country’s eighth-largest e-tailer — and it’s p…

Walgreen Earnings Rise, Top Estimates

by | Sep 28, 2010 | Towing

Drugstore chain Walgreen Co. (WAG) posted earnings of 49 cents per diluted share for the quarter, compared with 44 cents per share a year ago.

Sales for the quarter rose 7.4% to $16.9 billion in the quarter ended Aug. 31, the company said in a statem…