Walgreens expects to close the 150 stores by the end of August in 2024.
The company cited lagging sales, due in part to lower COVID-19 vaccine and testing sales.earnings report. The report, released June 27, marked a 59% decrease from $289 million in net earnings reported for the same period last year.
In addition to closing the Walgreens locations in the U.S., Walgreens Boots Alliance – the holding company which owns Walgreens and Boots retail stores – will also close 300 Boots locations in the United Kingdom, according to NBC Chicago.
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Walgreens expects to close 150 U.S. storesIn addition, the company expects to close 300 stores in the United Kingdom.
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Walgreens is closing 450 locations, including 150 in the USWalgreens' parent company announced it expects to close 150 locations in the United States.
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Walgreens is closing 450 locationsWalgreens expects to close 150 locations in the United States and 300 locations in the United Kingdom, Walgreens Boots Alliance CFO James Kehoe said in the company's earnings call this week.
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Walgreens is closing 450 locations | CNN BusinessWalgreens expects to close 150 locations in the United States and 300 locations in the United Kingdom, Walgreens Boots Alliance CFO James Kehoe said in the company’s earnings call this week.
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