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International Business Times

Business

Luke Funk

REVEALED: Walgreens to close 1 200 stores as part of turn around efforts | Rare Historical Photos

Walgreens Tim Wentworth Walgreens Boots Alliance

KEY POINTS

The first 500 stores are going to be shuttered in the next year
The other closures will take place the following years

Walgreens is going to close approximately 1,200 stores in an effort to free up cash flow as it continues a turn-around effort.

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