Citing ‘emerging challenges,’ Walgreens to shutter 150 stores across the U.S.

In May, Walgreens Boots Alliance, facing a pileup of financial obligations for opioid litigation and other legal matters, announced that it was laying off 504 corporate employees. (Daily Herald)

Deerfield-based 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.