Walgreens plans to close 1,200 stores, including 500 by 2025, after posting a $3 billion loss, the company announced Tuesday.

Walgreens plans to close around 1,200 locations over the next three years, the company announced in an earnings report issued ...

After a disappointing year for Walgreens Inc. shares, they're getting some relief on Tuesday in light of a better-than-feared ...

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

Tim Wentworth also said he’s focused on “reorienting” Walgreens to its old bread-and-butter business as a retail pharmacy ...

Walgreen's announcement comes as the company reported soft revenue for fiscal year 2024. Total retail sales were down over 4% ...

The news comes several months after Walgreens announced plans to close more than 2,000 stores by 2027. The company, which ...

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

The company said Tuesday that about 500 store closures will happen in its current fiscal year and should immediately help ...

The lone Walgreens drug store in Lancaster County is not closing immediately but its fate in the longer term remains unclear ...

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