Sycamore Partners’ plan to takeover Walgreens ‘incredibly risky,’ analyst says
The private equity firm’s reliance on debt increases Walgreens’ risk of going bankrupt, according to an analyst.
The private equity firm’s reliance on debt increases Walgreens’ risk of going bankrupt, according to an analyst.
The retail pharmacy giant struggled in 2024, a year that saw its net income fall by 45%.
After some will they/won’t they speculation, the sale officially went through on March 6.
Over 90% of independent pharmacy owners worry the program would severely hurt their finances, one survey reported.
But the retail pharmacy giant is still expecting high medical costs in 2025, execs warned.
The retail chain started the council as a way to boost pharmacy school enrollment and address some industrywide issues.
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