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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.
Walgreens plans to close 1,200 stores over three years. After 70 closed September to November 2024, 450 more will close in 2025, the company says. Walgreens turnaround continues with 450 stores to ...
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 will close 25% of its roughly 8,600 U.S. stores within the next three years. Here are the 91 stores that are confirmed to shutter. Walgreens Is Closing Thousands of Stores by 2027
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 announced expected store closures as pressure from mail-order and direct-to-consumer businesses increases. Walgreens closing 1,200 stores over next 3 years, 800 more under evaluation [Video]
During an earnings call on Oct. 14, Walgreens announced plans to close approximately 1,200 stores across the country.
Walgreens said in 2019 it would close 200 stores and last year announced an additional 150 store closures. “We are at a point where the current pharmacy model is not sustainable,” Wentworth said.