The pharmacy giant estimates that a quarter of its 8,700 locations are unprofitable as consumers shift their spending habits.

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Walgreens Boots Alliance said on Tuesday it would shut 1,200 stores over the next three years as new CEO Tim Wentworth plots ...

Walgreens’ stock has been hammered this year as consumer shopping patterns have changed, but the company’s latest earnings ...

Walgreens is closing approximately 1,200 locations, including 500 over the next year, the drug store chain announced Tuesday.

The closures will be “immediately accretive” to the company’s adjusted earnings and free cash flow, Walgreens said.

Walgreens said the 1,200 closures of the 8,500 stores in the U.S. over the next three years include 300 stores “previously ...

Walgreens says about a quarter of its stores are unprofitable. Big pharmacy chains are struggling with growing retail competition and lower prescription payouts.

Walgreens to Pay $106M to Settle Allegations It Submitted False Payment Claims for Prescriptions WASHINGTON (AP) — Walgreens has agreed to pay $106 million to settle lawsuits that alleged the ...

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