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Walgreens on Monday said it understands “the immense pressures felt across the US in retail pharmacy right now,” according to Fraser Engerman, senior director of external relations at Walgreens.
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Walgreens, the second-largest U.S. pharmacy chain, will close most of its over 8,700 stores on Thanksgiving to give staff "time with their loved ones", it said on Thursday.
A $5.7-billion multistate agreement will settle a raft of lawsuits filed against Walgreens over its "role in fueling the opioid epidemic," the California attorney general's office said.
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The announcement ends two days of confusion about Gov. Newsom’s vow to cut ties with the pharmacy giant.
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.
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