Walgreens Joins Growing List of Retailers Cutting Prices To Win Back Customers
WBAWalgreens Boots Alliance(WBA) investopedia.com·2024-05-30 07:00

Key Takeaways Walgreens joined the growing list of retailers starting to cut prices in the hopes of winnings back consumers who have changed their shopping habits due to inflation. The retailer said Wednesday that it is lowering prices on over 1,300 products and launching promotional events over the summer. A number of retailers including Walmart and Target also announced in recent weeks they are reducing prices for some items. Walgreens shares fell over 3% Wednesday following the announcement. Shares of Wa ...