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Walgreens Stepping Up Cost Reductions; To Close 200 Stores

Walgreens Stepping Up Cost Reductions; To Close 200 Stores

In its first earnings announcement since the year-end combination of Walgreen Co. and Alliance Boots GmbH, Walgreens Boots Alliance Inc. disclosed plans to close 200 stores. The new closings follow the company’s previously announced $1 billion cost-reduction initiative. After further “rigorous analysis,” the company said it plans to close even [read more]
Source: CoStar Group, Inc. NewsPublished on 2015-04-10

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