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Walgreens to close 1,200 stores
Walgreens focused on growing specialty pharmacy, data analytics within healthcare business
Walgreens reported a loss of $3 billion in the fourth quarter and plans to close 1,200 stores over the next three years as part of the retail drugstore chain's ongoing turnaround strategy amid a rocky fiscal 2024.
Walgreens closing 1,200 stores over next 3 years, 800 more under evaluation
Walgreens announced expected store closures as pressure from mail-order and direct-to-consumer businesses increases.
Walgreens to close 1,200 stores as US pharmacies struggle to define a new role
Walgreens is planning to close around 1,200 locations, as the drugstore chain and its rivals struggle to define their role for U.S. shoppers who no longer look to them first for convenience.
Opinion
1d
on MSN
Opinion
The real reason Walgreens and other pharmacies are failing
Walgreens’ announcement Tuesday that it plans to shutter 1,200 locations over the next three years made headlines, but that ...
1h
CVS could face long arduous turnaround like Walgreens
CVS Health's turnaround could be long and difficult amid CEO change, rising costs, and potential divestitures, while ...
Modern Healthcare
3d
Walgreens execs still waiting for healthcare services payoff
Walgreens nearly doubled its U.S. healthcare services operating losses to $526 million in the fourth quarter of its fiscal ...
3h
Exchange Traded Concepts LLC Invests $795,000 in Walgreens Boots Alliance, Inc. (NASDAQ:WBA)
Exchange Traded Concepts LLC purchased a new position in Walgreens Boots Alliance, Inc. (NASDAQ:WBA – Free Report) in the 3rd ...
NBC 10 Philadelphia
3d
Walgreens says it will close 1,200 stores by 2027, as earnings top estimates
Walgreens
reported fiscal fourth-quarter sales and profit ... That partly reflects growth in primary-care provider ...
24/7 Wall St
1d
This High-Yield Dividend Stock Just Soared 15%. Time to Jump on Board?
Retail pharmacy giant Walgreens Boots Alliance (NASDAQ:WBA) was on a long downward slide long before 2024 began. Shares had ...
10h
Walgreens Boots Alliance (NASDAQ:WBA) PT Raised to $10.00 at Evercore ISI
Walgreens Boots Alliance (NASDAQ:WBA – Get Free Report) had its price objective raised by investment analysts at Evercore ISI ...
2d
Cautious Hold Rating for Walgreens Boots Alliance Amid Mixed Fiscal Outlook and Operational Restructuring
Mizuho Securities analyst Ann Hynes has maintained their neutral stance on WBA stock, giving a Hold rating today. Ann Hynes has given her Hold ...
Axios Vitals on MSN
2d
How Walgreens plans to retool the future of its pharmacies
Walgreens is dramatically shrinking its retail footprint and revamping its front-of-store product mix in a bid to fend off ...
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