Walgreens books hefty charge as the drugstore chain adjusts the value of struggling clinics

The National Pharmacists Association-LIUNA says it represents 900 Chicago-area pharmacists. The union plans to demonstrate outside 46 stores a day from now until May 10. Walgreens pharmacists’ union says 900 Chicago area pharmacists are affected by the move.

Walgreens lost nearly $6 billion in its second quarter mainly due to a drop in value for the VillageMD clinic business it controls. The drugstore chain adjusted the value of struggling clinics to account for the drop in sales. The VillageMD business is one of the largest in the world, with more than 1,000 clinics in the United States.

Walgreens lost nearly $6 billion in its second quarter mainly due to a drop in value for the VillageMD clinic business it controls. The drugstore chain books hefty charge as the company adjusts the value of struggling clinics. The company's second quarter revenue was $4 billion.

Walgreens lost nearly $6 billion in its second quarter mainly due to a drop in value for the VillageMD clinic business it controls. The drugstore chain books hefty charge as the company adjusts the value of struggling clinics. The company's second quarter revenue was $4 billion.