Walgreens to close 1,200 stores nationwide, says 1 in 4 locations are unprofitable
Snippet of Article: "...Walgreens announced that it will shutter 1,200 stores over the next three years — and 500 locations in 2025 alone — as the drugstore giant seeks to slash $1 billion in costs.
The Chicago-based pharmacy chain, which has around 8,700 locations nationwide, told analysts on Tuesday that one in four of its stores are unprofitable." ... The chain has also been the target of retail theft that exploded
