The pharmacy giant estimates that a quarter of its 8,700 locations are unprofitable as consumers shift their spending habits.
Walgreens will be launching hundreds of less expensive owned brands focused on health, wellness and women’s health.
Analysts expect the Deerfield, Illinois-based company to report quarterly earnings at 36 cents per share, down from 67 cents ...
America’s biggest pharmacy chains are closing hundreds of stores, laying off thousands of workers and rethinking their role ...
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Customers will be able to tack on other items to their prescription delivery, like chicken noodle soup or tissues, which ...
For the full fiscal year, Walgreens reported a net loss of $8.64 billion, or $10.01 per share, compared to a loss of $3.08 billion, or $3.57 per common share, in fiscal 2023.
Walgreens plans to close 1,200 stores over the next three years, the pharmacy chain said on Tuesday. It's part of the company's plan for a turnaround, as it faces retail competition and lower ...
Walgreens announced plans to close 1,200 stores over three years. Its CEO previously has said roughly a quarter of locations were underperforming.
Pharmacy chain Walgreens recently announced it's closing 13% of its stores — around 1,200 — as it struggles with a slump in consumer spending. The closures will occur within the next three ...
Walgreens Boots Alliance plans to close 1,200 stores during the next three years, with 500 closures set for next year, in the ...