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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 about another 450 stores through the end of 2025, he said. A sign at the 2515 Knoxville Ave. Walgreens in Peoria, Illinois, announces the store's upcoming closure.
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
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’ 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 by 2027 as part of a cost-cutting strategy amid rising competition and lower profits. ... Roger Goodell open to international Super Bowl, 18-game season ...
Walgreens announced plans to close 1,200 stores over three years. Its CEO previously has said roughly a quarter of locations were underperforming. Walgreens plans to close 1,200 stores; its stock ...
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.