U.S. News

Walgreens to Close Nearly a Quarter of Its Stores Across the Country

MISSED THE MARK

CEO Tim Wentworth said that a quarter of its stores are not profitable and that it now forecasts weaker consumer spending to continue for the rest of the year.

Owen Lavine
Owen Lavine 

Breaking News Intern

Flag with the Walgreens logo.
Vincent Alban/Reuters
Owen Lavine

Owen Lavine

Breaking News Intern

owen.lavine@thedailybeast.com

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