Walgreens to close 1,200 stores nationwide, says 1 in 4 locations are unprofitable - New York Post

Walgreens to close 1,200 stores nationwide, says 1 in 4 locations are unprofitable - New York Post

Walgreens’ stock is trading near 30-year lows and down 65% this year, making it the worst performing stock on the S&P 500 index.
Walgreens announced that it will shutter 1,200 stores over the next three years — and 500 locations in 2025 alone — as the drugstore giant seeks to slash $1 billion in costs. The Chicago-based pharm… [+2412 chars] Read More

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