Walgreens News: Walgreens to Close 1,200 US Stores

Wikikiki.com 20241016 225159 00001

Walgreens will be closing approximately 1,200 US stores, about 13% of its US locations. The first phase of closures involving around 500 stores and it is expected to take place in fiscal year 2025. According to Walgreens news, these closures will target underperforming stores those where Walgreens either owns the property or has leases that are set to expire soon.