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October 16, 2024

Walgreens to close 1,200 US stores

By JOURNAL STAFF

DEERFIELD, Ill. (AP) — Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turnaround a struggling U.S. business that contributed to a $3 billion quarterly loss.

Company shares soared Tuesday after Walgreens detailed the plan and also reported better-than-expected quarterly results.


 
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