Why your local pharmacy may be closing
Walgreens says a quarter of its US stores aren't contributing to the company's operating income.
Nam Y. Huh/AP Images
- Walgreens plans to close a "significant" number of underperforming US stores.
- The move highlights recent and longer-term challenges facing the company and its competitors.
- CEO Tim Wentworth said the industry is "largely overbuilt" given how the past decade has unfolded.
Thursday's news that Walgreens will close a "significant" number of underperforming...
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