Walgreens to shut down 200 stores in the U.S. by 2017

April 12, 2015 9:12 PM

53 0

Walgreens to shut down 200 stores in the U.S. by 2017

Walgreens has announced its plans to shut down 200 stores in the U.S, citing restructuring and removing stores that were not meeting sales expectations. The leading drugstore is set to expand on a $1 billion charge-reduction strategy, announced on August 2014.

The company stated that consumers and fans have nothing to worry about. The closure of 200 stores would affect only two percent of company’s locations in the U.S, U.S Virgin Islands and Puerto Rico. The decision is aimed at generating revenue out of the locations and will also allow the company to e...

Read more

To category page

Loading...