Walgreens Ends Partnership with Microsoft-Backed Cooler Screens Amidst Technical Failures
Portfolio Pulse from Vandana Singh
Walgreens Boots Alliance Inc (WBA) has ended its partnership with Cooler Screens, a vendor specializing in digital advertising screens, due to persistent technical issues. Cooler Screens accuses Walgreens of obstructing a planned nationwide deployment of their internet-connected doors. The vendor also highlights a discrepancy in the installation scale. Microsoft Corp (MSFT)-backed Cooler Screens remains steadfast, with their technology still adorning Walgreens stores. CVS Health Corp (CVS), once a tester of this technology, has since disengaged.
October 02, 2023 | 6:30 pm
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NEGATIVE IMPACT
Walgreens has ended its partnership with Cooler Screens due to persistent technical issues, which could impact its plans to modernize its stores.
The termination of the partnership with Cooler Screens could negatively impact Walgreens' plans to modernize its stores and enhance the consumer shopping experience.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
CVS Health Corp, once a tester of Cooler Screens' technology, has since disengaged.
CVS Health Corp's disengagement from Cooler Screens' technology does not directly impact its operations.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 50
NEUTRAL IMPACT
Microsoft-backed Cooler Screens remains steadfast despite the end of its partnership with Walgreens.
While Microsoft backs Cooler Screens, the end of the partnership with Walgreens does not directly impact Microsoft's operations.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 50