Unfortunately the news article is paywalled. But how exactly do they plan to double profits? More cutbacks?? Is this the part where private equity starts doing what they do best, cut everything down to nothing to maximize profits?? Here is the link to the article but sorry it's paywalled.
https://www.bloomberg.com/news/articles/2026-04-02/walgreens-private-equity-owner-plans-to-double-chain-s-profits
@n1 Meds given to the wrong patient, wrong directions or different meds dispensed than what the doctor ordered is concerning but not surprising given the lack of staffing, high turnover and Walgreen's/Sycamore's unhealthy emphasis on metrics.
Pharmacy Tech's are like a revolving door. New hires, trainees, dpn't even know them anymore. Customers being given other people's scripts. Thankfully they look before taking them. You do a reset and 2 days later there is a revision for that reset. They keep adding more work load but cutting employee hrs.. People in corp are out of touch with reality. Vap ki-ls nore people then ciggs.; Lottery is for fools. Walgreens is going for the bottom of the barrel.
@c3 Time will tell whether Sycamore has any ideas other than more cost-cutting. The article mostly reiterates what's already been said. Not sure if lotto and vape will save us. Most likely, Walgreens will attract a more unsavory bunch of "customers" with these ventures, further tarnishing what's left of our reputation.
https://finance.yahoo.com/markets/stocks/articles/walgreens-private-equity-owner-plans-133038588.html
Sycamore has been reducing costs at Walgreens by cutting staff and taking away paid holidays for some employees, while working to boost store sales by adding products, like electronic cigarettes.
More realistic title
Walgreens Pharmacists and Managers QUIT at alarming rates due to micromanagement, reduced benefits, and lack of bonus potential (25% individual multiplier).
It seems there's no future for Sycamore after all, another failed and greedy attempt by a private equity company.