There are ramifications for CMBS bond investors too.

Walgreens has not disclosed the individual store closing details, although nine locations have reportedly closed already this week. At least one store in Delaware is expected to shut down this year.

Walgreens Boots Alliance plans to close 1,200 stores during the next three years, with 500 closures set for next year, in the face of low drug reimbursement rates and slower consumer spending. The ...

Walgreens is closing approximately 1,200 locations as the drug store chain struggles to contend with online competitors and declining prescription drug payments. By 2027, about one in seven ...

The store closures — which Walgreens called an “accretive footprint optimization program” — were announced as part of the pharmacy chain’s quarterly earnings report Tuesday. Walgreens ...

Walgreens plans to close at least 1,200 stores over the next three years as the pharmacy giant seeks to reduce costs and turn around operations under a new leader. One of the largest drugstore ...

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 ...

Walgreens will close 1,200 stores over the next ... as the pharmacy chain—which reported future “significant” store closures earlier this year—works to free up its cash flow.

There are more than 8,000 Walgreens stores in the United States, Mr. Wentworth said, and about 6,000 of those stores were profitable. “While the decision to close the store is never an easy one ...

The company said Tuesday that about 500 store closures will come in the current fiscal year and should immediately support adjusted earnings and free cash flow. Walgreens didn’t say where the ...