Walgreens Introduces Summer of Savings

Rhea-AI Summary

Walgreens has announced a new wave of price reductions, extending their commitment to help customers save on over 1,300 products across various categories. This initiative follows similar efforts started in October 2023. Key price drops include Eucerin Advance Repair Hand Cream (now $5.99, down from $7.29) and Nice! Mini Pretzels (now $1.99, down from $2.79).

Additionally, Walgreens will reintroduce its myW Days promotional campaign in mid-July, offering personalized deals to its 110 million loyalty program members. These measures are designed to alleviate financial pressures on consumers and improve access to essential items.

Positive

• Price reductions on over 1,300 products enhance consumer savings.
• Continuation of price cut efforts since October 2023 shows ongoing commitment.
• Reintroduction of myW Days promotional campaign in mid-July provides additional savings opportunities.
• 110 million members benefit from personalized offerings through myWalgreens loyalty program.
• Price reductions cover essential categories like health, wellness, and personal care.

Negative

• Price reductions may lead to decreased revenue per item sold.
• Potential variability in prices based on location could confuse or inconvenience some customers.
• Prolonged price cuts may impact profit margins.

Walgreens continues to lower prices on over 1,300 products, and offers promotions to help consumers save

DEERFIELD, Ill.--(BUSINESS WIRE)-- Walgreens today introduced more opportunities for consumers to save throughout the season and beyond.

Walgreens to lower prices on over 1,300 products throughout the season and beyond. (Photo: Business Wire)

The company also plans to introduce a series of promotional campaigns, including the return of Walgreens popular myW Days in mid-July.

“Walgreens understands our customers are under financial strain and struggle to purchase everyday essentials. We continue to be committed to our customers by lowering prices on over a thousand additional items, something we’ve been doing since October of 2023,” said Tracey D. Brown, EVP, President, Walgreens Retail & Chief Customer Officer. “Through myWalgreens loyalty program, our more than 110 million members receive personalized offerings daily. Listening to our customers and offering quality products, value, and convenience every day is our continued commitment.”

Walgreens continues to lower prices on more than 1,300 national and store brand products across health and wellness, personal care and seasonal categories.

Examples of price reductions include:

• One a Day 80ct Men's and Women’s Gummy Vitamins now $11.99 (was $13.49)
• Always Pad Mod Regular (20ct) now $6.99 (was $7.49)
• Clean & Clear Foaming Facial Cleanser now $6.99 (was $7.99)
• Eucerin Advance Repair Hand Cream now $5.99 (was $7.29)
• Kanka Soft Brush Tooth and Gum Pain Gel 0.07 oz now $7.99 (was $9.79)
• Salonpas Pain Relief Patch now $10.99 (was $11.99)
• Nine (9) Can Igloo Hard Cooler now $25.00 (was $29.99)
• Squishmallow 16” plush now $20.00 (was $24.99)
• Bring on the Sun Youth Dive Rings and Goggles now $3.00 (was $4.99)
• Lasko 20” Box Fan now $25.00 (was $29.99)
• Nice! Mini Pretzels now $1.99 (was $2.79)
• Nice! Sour Cream & Onion Potato Chips now $1.99 (was $2.79)

Prices may vary by location, Walgreens.com and the Walgreens app.

About Walgreens

Walgreens (www.walgreens.com) is included in the U.S. Retail Pharmacy and U.S. Healthcare segments of Walgreens Boots Alliance, Inc. (Nasdaq: WBA), an integrated healthcare, pharmacy and retail leader. True to its purpose of “more joyful lives through better health,” Walgreens has a more than 120-year heritage of caring for communities and providing trusted pharmacy services, and today is playing a greater role as an independent partner of choice offering healthcare services that improve care, lower costs, and help patients. Operating nearly 9,000 retail locations across the U.S. and Puerto Rico, Walgreens is proud to serve nearly 9 million customers and patients daily. The company’s pharmacists are playing a more critical role in healthcare than ever before, providing a wide range of pharmacy and healthcare services, including those that drive equitable access to care for some of the nation’s most underserved populations. Walgreens offers customers and patients a true omnichannel experience, with fully integrated physical and digital platforms designed to deliver high-quality products and healthcare services. Within the U.S. Healthcare segment, Walgreens portfolio also includes businesses in primary care, multi-specialty, post-acute care, urgent care, specialty pharmacy services, population health and provider enablement.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20240529305565/en/

media@walgreens.com

Source: Walgreens

FAQ

What is Walgreens' new initiative for summer savings?

Walgreens has introduced price reductions on over 1,300 products and promotional campaigns like myW Days to help consumers save.

When will Walgreens reintroduce the myW Days promotional campaign?

Walgreens will reintroduce the myW Days promotional campaign in mid-July.

How many products has Walgreens lowered prices on?

Walgreens has lowered prices on over 1,300 products.

What are some examples of Walgreens' new price reductions?

Examples include Eucerin Advance Repair Hand Cream now at $5.99 (previously $7.29) and Nice! Mini Pretzels now at $1.99 (previously $2.79).

How does Walgreens personalize offers for customers?

Walgreens provides personalized offers to its more than 110 million myWalgreens loyalty program members.