The company’s CEO is blaming inflation in part for the closures, as consumers worry they could create so-called pharmacy deserts. Walgreens will be closing a substantial number of its more than 8,600 U.S. stores over the next three years.
Walgreens Is Closing A Chunk Of Its 8,600 Stores As The List Of Struggling Retailers Grows
Sarah Bregel, Fast Company
Thu, 06/27/2024 - 4:23pm
BING NEWS:
- Struggling Retail Chain with 2 Locations Left in New York to Close All US Stores
A major discount clothing and shoe retailer is officially going out of business and will close all of its remaining stores across the U.S., including those in New York.
07/2/2024 - 11:31 pm | View Link - 300 Locations Now Closing By Texas Retailer With 1,400 Stores
Currently Texas has over 1,400 locations of this retail and convenience giant, but on the coattails of their recent $1 billion acquisition, it appears that some major regression is also taking place.
07/2/2024 - 12:47 pm | View Link - Popular retailer closing all stores after Chapter 11 bankruptcy
"Bob's Stores will close all of its Bob's locations and liquidate all inventory, as part of the Chapter 11 restructuring petition filed on June 18, 2024. Despite making swift and aggressive changes to ...
07/2/2024 - 7:23 am | View Link - Editorial: Walgreens could join other major retailers fleeing high-crime parts of Chicago
Walgreens is in trouble. And that means trouble for Chicago. The Deerfield-based pharmacy giant, having lost about three-quarters of its market value since the beginning of 2022, is embarking on a ...
07/2/2024 - 1:11 am | View Link - Walgreens closing huge wave of major stores US
Walgreens didn't specify the exact number of locations that would be closed, but said it will be a "meaningful percent" of the underperforming stores that make up about one-fourth of the company's ...
07/1/2024 - 9:42 am | View Link - More
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