Walgreens will be closing what The Wall Street Journal reports will be a “significant share” of its approximately 8,600 U.S. stores.
The Journal report, from an interview with Walgreens Boots Alliance Chief Executive Officer Tim Wentworth, quoted Wentworth as saying Walgreens would close a “meaningful percent” of underperforming stores over the next several years.
Wentworth indicated Walgreens will also be reducing its investment in Village MD, a primary care provider.
“We...