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Walgreens will close 1,200 stores

health.wusf.usf.edu · 49m

CVS and Walgreens are ailing and closing hundreds of stores. Here’s why

America’s biggest pharmacy chains are laying off thousands of workers and rethinking their roles in our lives. What went wrong?

Reno-Gazette-Journal on MSN · 1h

Walgreens to close 1,200 unprofitable stores across US as part of 'turnaround'

Start the day smarter. Get all the news you need in your inbox each morning. The move is part of a multi-year cost-cutting program under CEO Tim Wentworth, who took on the job last year. In a statement,

Walgreens will close 1,200 stores, hoping for a turnaround

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

19h

Walgreens to shut 1,200 stores as CEO Wentworth seeks turnaround

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

4h

Walgreens, grappling with continued financial losses, lays out plan to shutter 1,200 drugstores

While the decision to close a store is never an easy one, we feel confident in our ability to serve our customers,’ Walgreens ...

Modern Healthcare1d

How Walgreens, CEO Tim Wentworth got to today

Two years into his tenure, Walgreens CEO Tim Wentworth has battled stagnant retail growth, falling stock prices and faced ...

Crain's Chicago Business23h

Walgreens is closing stores and bleeding cash, but new CEO insists it's hitting long-term marks

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

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