Walgreens to Shutter a ‘Significant’ Number of Stores
Walgreens is the latest chain to face mass closures. On Thursday, Walgreens announced that it would be closing a “significant” number of underperforming stores across the country. “The current pharmacy model is not sustainable,” CEO Tim Wentworth told investors on an earnings call. “Changes are imminent.” Related: Walgreens’ Battle Over High-Tech Cooler Doors Heats Up…