Pharmacy chains are closing locations at an alarming rate this year, depriving people in some areas of a much-needed service. CVS is closing hundreds of stores this year, and Rite Aid is set to close ...

Walgreens is continuing to close stores as part of its turnaround plans. The thinning of Walgreens locations has been in the works. Walgreens said in October 2024 it planned to close about 1,200 ...

In its earnings report for Fiscal Year 2024, which ended Aug. 31, Walgreens reported a $3 billion loss in the fourth quarter. Tim Wentworth, CEO of Walgreens' parent company, Walgreens Boots Alliance, ...

Walgreens is setting its "footprint optimization program" into motion, including shuttering 500 of its locations in 2025. But by 2028, the company expects this number to grow to 1,200 nationwide.