Walgreens is now the latest chain to join that list as it contends with declining earnings and mass layoffs.
Wentworth warned that they may shutter even more underperforming locations in the future if their performance doesn’t improve.
The news about the planned closures comes after a difficult year for the pharmacy and convenience store chain.
Tada Images / Shutterstock
(VillageMD is a primary care company Walgreens hasinvested in since 2020.)
:
“We are repositioning our store footprint for the future.
Approximately 25% of Walgreens stores are not contributing to our long-term strategy.
Sundry Photography / Shutterstock
We are also taking a series of actions and making investments to enhance the customer and patient experience.”
