Apr 11, 2021 at 6:10AM
The pharmacy industry has undergone massive changes in the last few years. The economics of operating a brick-and-mortar business in an increasingly online world along with shifting incentives in the healthcare industry have forced the major brands to come up with a new strategy. One company is betting it can continue being a retail stop in the healthcare journey.
With 21,000 locations in 11 countries,
Walgreens
Boots
Alliance (NASDAQ:WBA) has been trying to solidify its place as a leader in the new landscape. There are things to be optimistic about. The company has made deals to focus on its stores, and it recently introduced a new CEO with a history of retail success. With the stock down 32% over the past five years, Wall Street seems skeptical about the future. Could a turnaround be on the horizon, or is it time for shareholders to let go?
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