Reasons to Read

Earlier this month, Walgreens Boots Alliance (WBA) announced that it has entered into a definitive agreement to be acquired by Sycamore Partners, a private-equity firm specializing in retail, consumer and distribution-related investments.

Explore the reasons behind this decision and dive into our analysis of the implications of the proposed $23.7 billion deal.

Data in this research report include:

• Proprietary survey data on what drugstores and pharmacies US consumers purchase from
• Revenues of the leading US drugstore and pharmacy chains, 2020–2024

Companies mentioned in this research report include: Amazon, Cigna Group, CVS Health, Kroger, Publix, Rite Aid, Sycamore Partners, UnitedHealth Group, Walgreens Boots Alliance, Walmart

Other relevant research:

• US Drugstores—Retail 2025 Sector Outlook: Low-Single-Digit Sales Growth Amid a Focus on Cutting Costs
• Market Navigator: US Drugstore and Pharmacy Retailers—A Strong Focus on Healthcare Expansion in 2024 and Beyond
• Market Navigator: US Healthcare—Evolving To Become More Personalized and Consumer-Focused
• Discover more Coresight Research coverage of the drugstores sector.