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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’ 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.
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 plans to close at least 1,200 stores over the next three years as the pharmacy giant seeks to reduce costs and turn around operations under a new leader.. One of the largest drugstore ...
Walgreens is set to close a substantial number of its roughly 8,600 locations across the United States as the company looks to reset the struggling pharmaceutical chain’s business.
Walgreens announced plans to close 1,200 stores over three years. Its CEO previously has said roughly a quarter of locations were underperforming.
Walgreens previously confirmed plans in June to USA TODAY to close unprofitable stores but did not disclose how many locations would be affected at the time. The company said the closures are part ...
The Walgreens news comes amid news of other rivals' experience, such as CVS's three-year plan to close 900 stores and Rite Aid emerging from bankruptcy with only 1,300 stores left.