Walgreens to close 1,200 stores across U.S.
Walgreens is planning to close around 1,200 locations, as the drugstore chain and its rivals struggle to define their role for U.S. shoppers who no longer look to them first for convenience.
Drugstores that once snapped up prime retail space in towns and cities across the country are in retreat. They've been battered by shrinking prescription reimbursement, persistent theft, rising costs and consumers who have strayed to online retailers or competitors with better prices.
The boost they received from taking the lead on vaccinations during the COVID-19 pandemic has long since faded.
Support Local News
You have read all of your free articles this month. Select a plan below to start your subscription today.
Already a subscriber? Login
Daily Inter Lake - everything
Print delivery, e-edition and unlimited website access
- $26.24 per month
Daily Inter Lake - unlimited website access
- $9.95 per month