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Walgreens to shut 200 US stores as part of cost-cutting plan

Started by RSS, August 06, 2019, 09:13:58 PM

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Walgreens to shut 200 US stores as part of cost-cutting plan

NEW YORK (AP) - Pharmacy chain Walgreens plans to close 200 stores in the United States as it seeks to cut costs.      The company said in a regulatory filing Tuesday the closings are part of its previously announced plan to trim costs by $1.5 billion in a few years. In May, the company announced plans to close 200 stores in the United Kingdom.      The Deerfield, Illinois-based company operates over 18,000 stores worldwide. In June it reported a 24% decl...

Source: Walgreens to shut 200 US stores as part of cost-cutting plan