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Business

Walgreen reports quarterly loss

Published: 23 Dec 2013 - 04:07 am | Last Updated: 28 Jan 2022 - 08:04 pm

People walk by a Walgreen store in Pasadena, California. Walgreen Co reported higher quarterly sales, but an increase in promotions and a slowdown in the introduction of higher-profit generic drugs cut into its gross profit margin at the largest US drugstore operator.