Walgreens offers a beauty range as wide as its pharmaceutical category, and the COVID halo effect helped the firm grow its sales. The pharmacy store chain reported a revenue boost to $33.9 billion from $31.44 billion a year earlier. The sales of beauty and personal care went up by 16.6% and 11.6%, respectively. The brand’s retail same-store sales rose 10.6% — the biggest increase in more than 20 years. Walgreens attributes this growth to increased in-store foot traffic in its stores as customers roamed about casually and made purchases. The firm also introduced personalised features to its digital app and achieved growing sales as its outcome.
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