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Walgreens Will Soon Own Patient Files From 179 Fred's Pharmacies [Forbes]

Walgreens Boots Alliance, Inc. (WBA) 
Last walgreens boots alliance, inc. earnings: 4/2 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.walgreensbootsalliance.com
Company Research Source: Forbes
Fred's Inc. is transferring prescription files from nearly 180 pharmacies to Walgreens Boots Alliance as part of a major sale of assets to engineer a financial turnaround. Fred's Inc. photo Fred’s  will complete the transfer of prescription files from 179 of its pharmacies to Walgreens Boots Alliance early next year. Fred’s in September announced plans to sell prescription files from stores located across 10 Southeastern states as part of the Memphis-based discount retailer’s latest attempt at a financial turnaround. “As of December 12, 2018 we completed the sale of script files associated with approximately 138 locations to Walgreens and expect to complete the remaining 41 location transfers to Walgreens by the end of January 2019,” Fred’s Interim chief executive and chief financial officer Joe Anto said Thursday in a statement announcing the company's fiscal third quarter earnings. “As we have stated in the past, we are continuing to evaluate potential o Show less Read more
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