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  • Walgreens to buy Drugstore.com

    / E-Retailers

    Walgreens to buy Drugstore.com

    The retail chain expects to pay $429 million for the web-only Drugstore.com, which has struggled to post consistent annual profits since being launched in 1999. Walgreens expects the deal to boost its aggressive efforts in online retailing and mobile commerce.

    Posted 03/24/2011Mark BrohanPost a comment

    The retail chain expects to pay $429 million for the web-only Drugstore.com, which has struggled to post consistent annual profits since being launched in 1999. Walgreens expects the deal to boost its aggressive efforts in online retailing and mobile commerce.

    Related Content:Walgreens

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