Walgreens, Dollar General closed more than 50 stores in January, report says
As big-box stores compete with online retailers and shifting consumer shopping habits, store closures have become the norm.
Walgreens to permanently close 5 LA-area stores — as it shutters 1,200 nationwide
Walgreens is set to close five locations across Los Angeles and Orange counties in the coming weeks as the struggling retailer moves ahead with a downsizing that will see around 1,200 closures ...
Walgreens to pay $595 million settlement to virtual care company over COVID-19 testing dispute
Deerfield-based Walgreens Boots Alliance has agreed to pay a $595 million settlement to a virtual care company over a dispute ...
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Walgreens admits locking up shampoo and toothpaste hurts sales. But it’s still doing it
We’ve kind of proven that pretty conclusively,” Walgreens CEO Tim Wentworth said on an earnings call this month. But the company plans to keep doing it anyway. That’s because “it is a hand ...
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New CVS app will allow customers to unlock merchandise
News of the new app comes after Tim Wentworth, CEO of Walgreen’s, admitted that the practice of locking up products is bad for business. “When you lock things up, for example, you don’t sell ...
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Walgreens permanently closing some stores in Southern California
A total of roughly 500 will shutter in fiscal 2025, the company said at the time. CEO Tim Wentworth said during the company’s first-quarter earnings call last month that the "cornerstone of our ...