Walgreens will close about 1,200 locations over the next three years as the drugstore chain seeks to turn around its struggling U.S. business.
Walgreens reported a nearly $3 billion quarterly loss for this fiscal year as the company grapples with consumers who have turned to online stores or competitors with better prices.
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Walgreens plans to close about 1,200 locations over the next three years as the drugstore chain seeks to turnaround its struggling U.S. business.