Walgreens Boots Alliance Inc (NASDAQ: WBA) is planning to seek the help of automation for its drugstores to ease the pressure of the lack of manpower. The company, faced with a shortage of pharmacists and pharmacist technicians, is setting up a network of automated, centralized drug-filling centers. Walgreens' plan would cut the pharmacist workloads by at least 25% in addition to saving more than $1 billion a year in costs, the Wall Street Journal reported. Through automation, pharmacists will h
Bulk orders for COVID-19 tests are on the rise as companies brace for a winter surge.
This year, consumer stocks have been hammered as inflation lingers at 40-year highs and interest rates rise. The Dow Jones U.S. Consumer Goods Index is down 20% this year as consumers pull back on their spending. However, some consumer-focused companies have performed worse than others. Much worse. Whether it is due to poor management, failure to adapt to a changing marketplace, or doomed deals, some consumer-oriented stocks have suffered 50% or more declines through the first nine months of the