Walgreens announces plans to close 150 stores in US ...Middle East

Walgreens has announced plans to close more than 100 stores across the U.S. by August 2024. In a statement to NBC Chicago Tuesday, a spokesperson for the company confirmed that 150 stores are expected to close by the end of August in 2024. Another 300 “Boots” locations in the UK are also being shuttered by Walgreens Boots Alliance. The news comes as Waglreens slashed its earnings forecast for the year and raised a cost-cutting goal after missing analyst profit expectations in its fiscal third quarter. Shares of the drugstore chain tumbled early Tuesday after the company said it was hurt in part by significantly lower COVID-19 vaccine and testing sales. Walgreens now expect

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