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The boost they received from taking the lead on vaccinations during the COVID-19 pandemic has long since faded. Walgreens’ announcement Tuesday morning comes as rival CVS Health wraps up a three ...
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. ... still not where they need to be, but ...
The pandemic gave pharmacies a brief lifeline. Vaccines and COVID test kits drove foot traffic and revenue. But that wave has passed and the problems that were always there are now front and center.
Walgreens and other retailers have been hit by shoplifting and resorted to locking up items or closing high-theft stores since the pandemic, but Walgreens’ problems are much deeper, including ...
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 to close 13% of stores in U.S. 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 ...
Walgreens has contended with difficulties for years. The company's share price has seen steady declines for about a decade, dropping from a peak of more than $95 a share in 2015 to less than $15 ...
Walgreens booked a better-than-expected fiscal first quarter and gave Wall Street some positive vibes on the drugstore chain's plan to revive its struggling business. CEO Tim Wentworth told ...