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The struggling drugstore chain plans to shut down 500 stores next year, and about one in seven locations is set to close by 2027. In June 2024, Walgreens announced the closure of 300 ...
Walgreens’ announcement Tuesday morning comes as rival CVS Health wraps up a three-year plan to close 900 stores and Rite Aid emerges from bankruptcy, whittled down to about 1,300 locations.
Walgreens plans to close 1,200 stores, including 500 by 2025, after posting a $3 billion loss, the company announced Tuesday. ... In its earnings report for Fiscal Year 2024, which ended Aug. 31 ...
While it's not immediately clear which 1,200 stores Walgreens is planning on closing, the move would impact about 13% of the more than 8,700 stores that were open in the United States as of Aug ...
Walgreens to close 13% of stores in U.S. While it's not immediately clear which 1,200 stores Walgreens is planning on closing, the move would impact about 13% of the more than 8,700 stores that ...
In the statement, a Walgreens spokesperson said the company is repositioning its store footprint, noting that about 25% of its stores are not contributing to the chain's long-term strategy.
Correction (7/8/2024): A previous version of this story listed store closures by states. A Walgreens representative told Good Housekeeping an official list has not been released by the company ...
Walgreens Boots Alliance (NASDAQ: WBA) is in the midst of a significant turnaround. New CEO Tim Wentworth is trying to improve the company's financials and make the stock a much more appealing ...