Walgreens and major competitors like cvs and rite aid — which is going through a bankruptcy reorganization — have already closed hundreds of stores over. Walgreens said it plans to close more underperforming u.s.
As of may 31, walgreens had closed 581 stores in the uk and 673 stores in the u.s., according to a regulatory filing. Walgreens announced on thursday that it will close several of its 8,600 locations.
Business That Could Result In Closing Hundreds Of Additional Stores Over The Next Three Years.
Walgreens announced thursday that it plans to close numerous underperforming stores across the country due to missed financial expectations, usa.
Walgreens Said It Plans To Close More Underperforming U.s.
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Walgreens and major competitors like cvs and rite aid — which is going through a bankruptcy reorganization — have already closed hundreds of stores over.
Walgreens Is Closing A Significant Amount Of Its Stores As Retail Sales Fall, The Company Announced In Its Third Quarter Earnings Results Press Release Thursday.
The retail giant is reviewing the 25% of its stores that are unprofitable and a list of closures hasn’t been finalized, but a “meaningful percent” will be shuttered, ceo.