Walgreens has announced its plans for the 2024 holiday season and once again the pharmacy chain will largely be closed for one winter holiday.

Walgreens agreed to pay $106 million to settle lawsuits that alleged it submitted false payment claims with government health care programs for prescriptions that were never dispensed.

A recall on apple juice due to potentially harmful levels of arsenic has been expanded to include products sold at several national retailers.

New COVID vaccine updates are now available at pharmacies in the Chicago area, including popular chains like Walgreens and CVS.

Drugstores remain an important fixture of the U.S. health-care system that tens of millions of Americans rely on, but they may need to reinvent themselves. 

Walgreens is citing macro issues, like a worsening consumer environment and pressure on pharmacy margins, while grappling with its own set of issues.

CNBC’s Jim Cramer told investors why he thinks Amazon is making it hard for Walgreens to succeed.

Walgreens is finalizing a plan to fix its U.S. business that could result in closing hundreds of additional stores over the next three years.

The results and guidance cut come as Walgreens works to slash costs by closing underperforming U.S. stores, among other measures.

CNBC’s Jim Cramer noted that Monday was tough for Big Tech, but expressed continued faith in the success of the megacaps in that sector.