Walgreens to close 200 stores in the US
Apr 9, 2015 10:59:35 GMT -6
clippintosave and MessyT like this
Post by dragonfly on Apr 9, 2015 10:59:35 GMT -6
www.usatoday.com/story/money/business/2015/04/09/walgreens-closing-200-stores-earnings/25512125/
Drugstore chain Walgreens Boots Alliance (WBA) announced plans to close about 200 U.S. stores as part of its first earnings report since it merged with European drug retailer Alliance Boots last year.
Walgreens, the largest U.S. drugstore chain, said it will close the stores amid plans to boost its previously announced cost-cutting initiative by $500 million.
Walgreens now expects to reduce costs by a projected $1.5 billion by the end of fiscal 2017, the company said.
HOWEVER -
www.chicagotribune.com/business/breaking/chi-walgreens-closing-20150409-story.html
Walgreens Boots Alliance said Thursday it will close about 200 less-profitable U.S. Walgreens stores and open the same number of stores in new locations.
<dunce> List of store closings is not available at this time.
Drugstore chain Walgreens Boots Alliance (WBA) announced plans to close about 200 U.S. stores as part of its first earnings report since it merged with European drug retailer Alliance Boots last year.
Walgreens, the largest U.S. drugstore chain, said it will close the stores amid plans to boost its previously announced cost-cutting initiative by $500 million.
Walgreens now expects to reduce costs by a projected $1.5 billion by the end of fiscal 2017, the company said.
HOWEVER -
www.chicagotribune.com/business/breaking/chi-walgreens-closing-20150409-story.html
Walgreens Boots Alliance said Thursday it will close about 200 less-profitable U.S. Walgreens stores and open the same number of stores in new locations.
<dunce> List of store closings is not available at this time.