Walgreens plans to close over 1,200 stores due to financial issues and staffing problems.

Walgreens plans to close over 1,200 stores nationwide over the next three years, including locations in Chenango, Owego, Binghamton, and Athol, due to staffing issues and financial pressures. The company posted an $8.64 billion loss for the 2024 fiscal year. Similar actions are being taken by rival CVS, which plans to close 900 stores by the end of 2024.

December 19, 2024
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