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In early 2005, Safeway was rumored to be attempting to sell the then 138-store Randalls division. [16] Instead, Safeway announced by the end of the year it would close 15 Randalls stores in the Houston area, one in Austin, and nine Tom Thumb stores in the Dallas–Fort Worth area. [17]
The first Globe Discount City opened in Houston in November 1960 by United Mercantile Inc. United had formed earlier in 1960 to operate the existing seven-store chain of Danburg's Department Stores which had existed since the 1930s and the forthcoming big-box Globe retail locations – the first three of which were each built with over 100,000 square feet of space. [2]
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.
Walgreen Company, doing business as Walgreens, is an American company that operates the second-largest pharmacy store chain in the United States, behind CVS Health. [3] It specializes in filling prescriptions, health and wellness products, health information, and photo services. [4]
CVS, the largest US chain, closed 244 stores between 2018 and 2020. In 2021, it announced plans to close 900 stores by 2024. Walgreens said in 2019 it would close 200 stores and in June announced ...
Walgreens stock hit an all-time high of $96.68 back in August 2015, but it has been all downhill since then. Its peak came after it bought the remaining 55% stake in British pharmacy Alliance ...