The pharmacy giant estimates that a quarter of its 8,700 locations are unprofitable as consumers shift their spending habits.

America’s biggest pharmacy chains are closing hundreds of stores, laying off thousands of workers and rethinking their role ...

Walgreens is planning to close around 1,200 locations, as the drugstore chain and its rivals struggle to define their role ...

Walgreens will close 1,200 stores over the next three years after announcing fourth-quarter earnings on Tuesday that beat analyst expectations, as the pharmacy chain—which reported future ...

Walgreens is closing approximately 1,200 locations as the drug store chain struggles to contend with online competitors and declining prescription drug payments. By 2027, about one in seven ...

The Justice Department said the payout took into account Walgreens' cooperation and its "significant" steps to upgrade its in-house pharmacy management system to ensure that the billing problems ...

Walgreens Boots Alliance (WBA) said on Tuesday it would shut 1,200 stores over the next three years as new CEO Tim Wentworth plots a turnaround at the struggling pharmacy chain operator hit by ...

Walgreens plans to close about 1,200 locations over the next three years as the drugstore chain seeks to turnaround its struggling U.S. business. The company said Tuesday that about 500 store ...

As part of plans to revamp its struggling operations, Walgreens intends on implementing ... of recent marketplace dynamics ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Walgreens said Tuesday that its net loss swelled to more than $3 billion in the final quarter of 2024. The company said a softer U.S. retail and pharmacy performance hurt. It also booked some ...

Walgreens is not alone in struggling to grow its U.S. retail pharmacy business. The job cuts represents about 1% of the health care company's workforce, a CVS spokesperson told CBS MoneyWatch via ...