Not too long after Tim Wentworth became CEO of Walgreens, he revealed a stunning figure: Roughly a quarter of the pharmacy chain's stores do not make money. On Tuesday, he said 1,200 of those stores ...

Walgreens Boots Alliance plans to close 1,200 stores during the next three years, with 500 closures set for next year, in the face of low drug reimbursement rates and slower consumer spending. The ...

Walgreens plans to close about 1,200 locations over the next three years as part of a cost-cutting plan, the company said Tuesday. That represents about 9.5 percent of the pharmacy chain’s 12,500 ...

Correction: An earlier version of this story incorrectly characterized the portion of last quarter's loss that was due to goodwill impairment charges. Walgreens is closing approximately 1,200 stores ...

Walgreens plans to close 1,200 stores over the next three years, the pharmacy chain said on Tuesday. It's part of the company's plan for a turnaround, as it faces retail competition and lower ...

Walgreens said Tuesday it plans to close 1,200 stores over the next three years as it seeks to further downsize its footprint amid flagging sales and changing consumer behavior. The pharmacy chain ...

Forbes contributors publish independent expert analyses and insights. Bruce Japsen writes about healthcare business and policy. Walgreens "footprint optimization program" will close 1,200 U.S. stores ...

Retail pharmacy chains such as Walgreens and CVS have pivoted from years of endless store expansions to shuttering hundreds of locations across the U.S. to shore up profits. Among the biggest problems ...

Walgreens Boots Alliance Thursday reported $344 million net income in its third quarter as chief executive Tim Wentworth asked for patience as the drugstore giant executes its plan for a financial ...

Walgreens is planning to close a substantial number of stores in the United States. The pharmacy chain confirmed its plan to close underperforming stores in an emailed statement to USA TODAY Thursday ...

Walgreens is planning potentially sweeping store closures as it faces what its CEO called a “challenging” environment for pharmacies and U.S. consumers. The pharmacy chain announced quarterly earnings ...

After years of being owned by Activision Blizzard, then Microsoft, Toys for Bob, developer of the Crash Bandicoot and Spyro remasters, has gone back to being an independent studio. Toys for Bob was ...