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Joseph Walker
WSJ reporter covering Walgreens' decline and its sale to Sycamore Partners.
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Mar 10, 2025
• 19min
The Collapse of Walgreens
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Joseph Walker, a WSJ reporter, brings insights into the dramatic decline of Walgreens. He discusses how the pharmacy giant's market value plummeted from over $100 billion to around $10 billion. Walker highlights the company’s struggles to adapt to market changes, the failed partnerships, and the impact of leadership shifts. He elaborates on Walgreens' bold attempts at diversifying through healthcare services but notes that core issues remain unresolved. The conversation unveils the implications of Walgreens' sale to Sycamore Partners in the broader retail landscape.
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