Shares of Walgreen Co. fell 14.3 percent Wednesday as investors were disappointed that the retailer will remain based in the U.S. following its $5.29 billion acquisition of the remainder of Alliance Boots GmbH, a move that also had the company lowering guidance for fiscal year 2016.
Walgreen shares on Wednesday closed at $59.21 in trading on the New York Stock Exchange.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)