Walgreens Announces Plan to Shut Down 1,200 Stores in 3 Years
Due to poor medication reimbursement rates and reduced consumer spending, Walgreens Boots Alliance intends to close 1,200 shops over the course of the next three years, with 500 of those closures scheduled for the upcoming year. On Tuesday, the Deerfield, Illinois-based company said that it would close about 14% of its U.S. facilities and reassign…
