Walgreens announces plans to close over 1,200 stores over the next three years as part of a financial turnaround strategy. The closures are expected to include about 500 stores in the current fiscal year. Walgreens CEO Tim Wentworth remains optimistic about the company’s long-term survival prospects despite a recent fourth-quarter loss of $3 billion.
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Walgreens To Close 1,200 Stores Over Next Three Years
