Walgreens Is Closing 1,200 Stores and Investors Should Expect Even More Big Moves in the Future
By becoming leaner and shedding unprofitable stores, Walgreens can hopefully make strides in getting back to breakeven and being in a better position to consistently post profits. Wentworth recently announced the company will close approximately 1,200 stores over the next few years. Today, it has around 8,500 locations in the U.S.