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Walgreens to close 150 stores across the U.S. as pharmacy chain faces ’emerging challenges’

Walgreens to close 150 stores across the U.S. as pharmacy chain faces ’emerging challenges’

By Kate Perez, USA Today

Pharmacy chain Walgreens plans to close 150 of its locations in the U.S. and 300 more in the United Kingdom.

This continues ongoing cost-saving initiatives at the company, including more than 500 corporate personnel jobs being cut, Walgreens Boots Alliance executive vice president and global chief financial officer James Kehoe said during the company’s third quarter earnings call Tuesday.

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