News, analysis and personal reflections on the markets & the financial sector

Thursday, April 9, 2015

Walgreens to close 200 U.S. stores

Walgreens Boots Alliance plans to close about 200 U.S. stores, its biggest shuttering move ever, as it plans to increase its cost-cutting target by $500 million.

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The drugstore chain said it would “reorganize corporate and field operations” and “streamline information technology and other functions.”


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