A year into her job as Walgreens Boots Alliance Inc.’s chief executive, Rosalind Brewer realized the company’s board wasn’t entirely sold on her plan to save its ailing drugstore business. So she took directors on the road. Together they visited a Phoenix-area medical practice belonging to VillageMD, a chain of primary-care clinics. Walgreens, months into Ms. Brewer’s tenure, doubled its stake in the chain as part of a plan to attach VillageMD clinics to hundreds of its drugstores. Ms. Brewer wanted more out of the pairing.
Read the full article: Walgreens CEO Bets on Doctors over Drugstores in Search for Growth //
Source: https://www.wsj.com/articles/walgreens-ceo-bets-on-doctors-over-drugstores-in-search-for-growth-c0386a97