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International Business Times
International Business Times
Business
Luke Funk

Walgreens To Close 1,200 Stores As Part Of Turn-Around Efforts

Walgreens Tim Wentworth Walgreens Boots Alliance

KEY POINTS

  • The first 500 stores are going to be shuttered in the next year
  • The other closures will take place the following years

Walgreens is going to close approximately 1,200 stores in an effort to free up cash flow as it continues a turn-around effort.

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