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flag Walgreens considers selling entire stake in VillageMD due to significant financial losses.

flag Walgreens Boots Alliance is considering selling its entire stake in VillageMD due to significant financial losses. flag The company invested over $6bn in the doctor-staffed clinic operator and initially planned to open 500-700 "Village Medical at Walgreens" clinics, but has scaled back to less than 90 locations. flag Walgreens' total operating loss for the first nine months of fiscal 2024 reached $13.1bn, partly due to a $12.4bn non-cash impairment charge related to VillageMD goodwill.

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