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Why It Matters: A messy pivot from pharmacy to health services.
Walgreens has been shifting away from pharmacy and retail to focus more on health care services, with mixed results. The company’s shares sank further on Friday, dropping to near a 14-year low. The company said its profit this year would be “at or near the low end” of its forecasts.
“The group, which previously grew through various pharmacy acquisitions, is now looking to…
