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[ad_1] Gap CEO Richard Dickson described the apparel company’s most recent quarter, which impressed Wall Street and indicates the company is maintaining its turnaround. “The progress is real,” Dickson said. “This year has been a difficult year, but all four brands, every one of our brands, gaining market share – I mean, that’s demonstrating strength…
[ad_1] Walgreens Boots Alliance said on Thursday that it had agreed to be acquired by Sycamore Partners, a private equity firm, in a $10 billion deal that will take the struggling pharmacy chain out of the glare of public markets. Walgreens has faced declining prescription reimbursements and falling sales at its retail locations for years…
[ad_1] Walgreens Boots Alliance Inc. agreed to be purchased by Sycamore Partners for $10 billion, turning one of the oldest, most recognizable US drugstore chains into a private company. [ad_2] Source link
[ad_1] Stocks continued to decline Thursday amid Wall Street uncertainty around tariffs that were imposed on Canada and Mexico this week by President Donald Trump and later suspended. The Dow Jones Industrial Average fell about 1%, or about 430 points, while the tech-heavy Nasdaq dropped 2.6% to finish in correction territory, where it had been…
